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 […]
Read MoreAll 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 […]
Read MoreThe 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: […]
Read MoreThe 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 […]
Read MoreFlorida 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 […]
Read MoreThe FUBA offices will be closed on Monday, September 2, 2019, in observance of Labor Day. Due to Hurricane Dorian’s impending path towards Florida, our office hours may change. We will send you another e-Alert if that happens. We hope you and your families stay safe during the storm. To report a workplace injury for […]
Read MoreThe state Division of Workers’ Compensation has partnered 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 will […]
Read MoreIf your business sells clothes, footwear, accessories, school supplies, or personal computers, the upcoming Back-to-School Sales Tax Holiday will affect your business. For the first weekend in August, these items will be exempt from the state sales tax if they meet certain price restrictions. Here are some details about this year’s tax-free shopping days: Items […]
Read MoreProviding Florida workers’ compensation coverage for clients in the construction industry can be one of the most challenging aspects of an insurance agency. Contractors are subject to a lot more regulation from the state than other types of businesses. They also have servicing needs that other accounts don’t, such as issuing Certificates of Insurance on […]
Read MoreIf your business sells items like batteries, flashlights, generators, or coolers, you need to be aware of the upcoming Disaster Preparedness Sales Tax Holiday. For the week of May 31 – June 6, 2019, certain items will be exempt from the state sales tax if they meet certain price restrictions. All day May 31st through […]
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