June 2022

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 […]

May 2022

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 […]

April 2022

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 […]

March 2022

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 […]

February 2022

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 […]

January 2022

IRS MILEAGE RATE FOR 2022 The Internal Revenue Service has issued the 2022 standard mileage rate used by taxpayers claiming a mileage deduction for a vehicle they own or lease. For calendar year 2022, the mileage rate for using a vehicle for business purposes is increasing to 58.5 cents per mile driven. This is an […]

December 2021

UPDATE ON NEW LAW REQUIRING BUSINESSES TO REPORT INDEPENDENT CONTRACTORS In last month’s newsletter, we told you about a new law in Florida that requires businesses to report the independent contractors they hire to the Florida New Hire Reporting Center to help with child support collection. For decades, Florida law has required employers to report […]

November 2021

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 […]

October 2021

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 […]

September 2021

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 […]