Alerts

Apr 23, 2020

Paycheck Protection Program (PPP) and Economic Injury Disaster Loans (EIDL) Update As many small businesses are painfully aware, the federal and state loan programs for small businesses affected by the coronavirus have run out of money. The Paycheck Protection Program (PPP) loans and the Economic Injury Disaster Loans (EIDLs) have stopped taking applications due to […]

Apr 17, 2020

The new federal law called the Families First Coronavirus Response Act (CARES Act) requires small businesses to provide paid sick and family leave to employees in certain coronavirus-related circumstances. Click here for more details about when this leave is required. The CARES Act also requires small businesses to provide a notice to their employees explaining […]

Mar 26, 2020

FUBA members can sign up to receive important alerts on how COVID-19 is affecting Florida small businesses.  If you are not yet a member, please consider joining the thousands of other employers who support the small business community in Florida.  Learn more about the benefits of membership in FUBA and become a member today!

Mar 24, 2020

The situation surrounding COVID-19 is changing every day, but FUBA is working hard to keep you updated on how it impacts your business.  We are compiling a list of resources that will be available on our website very soon.  In the meantime, here are the most important things that small business owners need to know.  […]

Mar 20, 2020

A new federal law passed in response to the COVID-19 (Coronavirus) crisis requires employers to provide paid leave to their employees starting on April 1, 2020 (originally scheduled to take effect April 2, but the US Department of Labor has clarified that it begins April 1). While the new law applies to all businesses in […]

Mar 3, 2020

As we explained in the January edition of this newsletter, the sales tax charged on commercial rent has decreased to 5.5% effective January 1, 2020. We need to clarify that in addition to paying 5.5% in state sales tax, businesses also must pay the county’s sales tax rate as well.  Every county in the state […]

Jan 30, 2020

All Florida Corporations and Limited Liability Companies (LLC’s) have to file an Annual Report with the Florida Division of Corporations each year by May 1st. (The only exception is for corporations and LLC’s that were just formed in 2020 – those businesses will file their first Annual Report in 2021.) The Annual Report is the […]

Jan 23, 2020

The state of Florida Division of Workers’ Compensation partners with the U.S. Department of Labor, Office of Safety and Health Administration (OSHA) and the University of South Florida’s Safety Florida Consultation Program to offer business owners and employers FREE seminars and webinars on the requirements of Florida’s workers’ compensation laws and workplace safety. The topics covered include: […]

Jan 6, 2020

The W-4 is a federal tax form that employees fill out to tell you how much federal income tax to withhold from their paycheck.  The amount of federal withholding has always been based on personal exemptions, such as the number of adults and dependents in a household.  The more allowances a person claimed, the less […]

Nov 26, 2019

Florida businesses are required to pay all employees at least the Florida minimum wage rate, which changes every year. Starting January 1, 2020, the Florida minimum wage will increase to $8.56 an hour. All your employees must receive at least this hourly wage for all hours they work. If you have tipped employees (like food […]