FLORIDA EMPLOYERS NOW MUST REPORT INDEPENDENT CONTRACTORS HIRED BY THEIR BUSINESS Under a new Florida law effective October 1st, Florida employers must report independent contractors they hire to the Florida New Hire Reporting Center. Florida employers have been required to report newly hired employees within 20 days of hiring to the New Hire Reporting […]
One of the most frequently asked questions we get at FUBA from our small business members is whether they have to provide paid time off from work to employees dealing with COVID. The answer is no. In 2020, employees were entitled to two weeks (up to 10 weeks in certain circumstances) of paid leave if […]
REMINDER: FLORIDA MINIMUM WAGE IS NOW $10.00 AN HOUR Effective September 30, 2021, the Florida minimum wage increased to $10.00 an hour, with a minimum wage of $6.98 an hour for tipped employees. All employees must receive at least the state minimum wage. Because the minimum wage has changed, a new poster is required at […]
Florida Minimum Wage Increasing to $10.00 An Hour September 30th On November 3, 2020, Florida voters approved Amendment 2 to the Florida Constitution which will gradually increase the Florida minimum wage to $15 an hour. Starting this year, the minimum wage will increase each September 30th for the next 5 years until the minimum wage […]
On November 3, 2020, Florida voters approved Amendment 2 to the Florida Constitution which gradually increases the Florida minimum wage each September 30th until it reaches $15.00 an hour in 2026. The first scheduled increase goes into effect September 30, 2021 and raises the Florida minimum wage to $10.00 an hour, with a minimum wage […]
The Small Business Administration (SBA) will be hosting a free webinar on September 9th from 2-4 EDT for small businesses interested in applying for an Economic Injury Disaster Loan (EIDL). The EIDL program provides economic relief to businesses that have been financially impacted by the coronavirus. The webinar will detail application eligibility and steps to apply […]
The US Small Business Administration has opened an online portal for small businesses to apply for forgiveness of their PPP loans. Until now, the only way to apply for PPP forgiveness was with the bank that gave you the loan. This new portal allows you to bypass your bank and go directly to the Small […]
The Florida Division of Workers’ Compensation offers business owners, especially contractors, FREE webinars on the requirements of Florida’s workers’ compensation laws and Workplace Safety. The webinars are held via computer and last one hour. The topics covered include: Which businesses are required to have workers’ comp insurance Which business owners can exempt out of workers’ comp Contractors’ […]
The sale of supplies for outdoor activities as well as tickets for some events will be tax-free in Florida beginning Thursday, July 1 through Wednesday, July 7, 2021. On these dates, qualifying boating and water activity supplies, camping supplies, fishing supplies, general outdoor supplies, and sports equipment will not be subject to the Florida sales […]
If you were planning on applying for a forgivable PPP loan for your business but have not done so yet, unfortunately the PPP program funding has run out for most businesses and major banks are no longer accepting applications. The only banks that may accept PPP applications are smaller banks like Certified Development Companies (CDCs), […]