TOOLS WILL BE TAX EXEMPT SEPTEMBER 3RD THROUGH 9TH Florida’s “Tool Time” Sales Tax Holiday begins on Saturday, September 3rd and ends on Friday, September 9th. During this week, sales tax will not be charged on the retail sale of eligible items used by skilled trade workers. Here is a list of items that will […]
INCREASE TO MILEAGE RATE EFFECTIVE JULY 1ST Due to rising gas prices, the IRS is increasing the mileage rate effective July 1, 2022. The mileage rate is used by many employers to reimburse their employees for work-related mileage. It is also used to compute the deductible costs of operating a vehicle for business use in […]
DOES YOUR BUSINESS HIRE TEENS FOR THE SUMMER? If your business will hire teenagers under the age of 18 for the summer, here is what you need to know: Teens must be at least 14 years old to work in Florida (there are exceptions for children working in a parent’s business in a non-hazardous occupation […]
NO SALES TAX ON HURRICANE SUPPLIES MAY 28 – JUNE 10 To help Florida residents prepare for the upcoming hurricane season, certain disaster supplies will be tax-free for two weeks starting May 28th. Supplies for evacuating with pets such as food, leashes, and bedding will also be tax-free. Here is a partial list of the […]
If your business is a corporation or limited liability company (LLC) registered to do business in Florida, state law requires you to file a simple report every year with the state’s corporate registry to keep your company active. These reports are due to the Florida Division of Corporations by May 1st of each year. Reports filed after […]
ATTENTION FLORIDA BUSINESSES: ANNUAL REPORT MUST BE FILED NO LATER THAN MAY 1ST There are only a few weeks left before the May 1st deadline for Florida corporations and limited liability companies (LLCs) to file their Annual Reports with the State of Florida. Florida corporations and LLCs are required by law to file an Annual […]
FLORIDA REEMPLOYMENT TAX RATES FOR 2022 NOW AVAILABLE Most Florida employers are required to pay Florida reemployment tax (which is the same as unemployment tax) to the State of Florida. This tax is collected on your employees’ wages and is paid quarterly to the Florida Department of Revenue using the form RT-6 (the Employers Quarterly […]
The State of Florida offers free, one-hour webinars for employers on workers’ compensation requirements. Licensed contractors and electrical contractors can receive a continuing education credit for taking the online seminar. Topics covered include: Who is required to carry workers’ comp insurance in Florida How business owners can exempt out of workers’ comp in Florida Contractors’ […]
In FUBA’s role as the small business watchdog, we are urging our members to be cautious about mail or emails you might get about your company’s 2022 Annual Report. All corporations and limited liability companies (LLCs) operating in Florida must file an online update called an Annual Report every year with the State of Florida’s official […]
ATTENTION FLORIDA BUSINESSES: FILING PORTAL FOR 2022 ANNUAL REPORTS IS NOW OPEN Florida businesses that are corporations or limited liability companies (LLCs) must file an online update every year with the State of Florida to keep the company’s status active. This update is called an Annual Report and is filed with the Florida Division of […]