FL - Guidance issued on affidavit required to claim exemption for boats sold to nonresident purchasers
Guidance is issued regarding changes that have been made to the affidavit required to claim the sales tax exemption for […]
Read MoreBeginning January 1, 2023, the combined Florida state and local sales and use tax rate for Alachua County is 7.5%.
Approval of Ordinance
Voters approved an Alachua County Board of County Commissioners ordinance on November 8, 2022, that:
repealed the 0.5% local government infrastructure surtax (Ordinance No. 16-06) effective December 31, 2022; and
adopted a 1% local government infrastructure surtax, effective January 1, 2023.
Combined Tax Rate
The new combined rate for Alachua County beginning January 1, 2023, is composed of:
the 6% state sales tax;
the 0.5% school capital outlay surtax; and
the 1% local government infrastructure surtax.
The newly adopted local government infrastructure surtax rate is effective January 1, 2023, and remains in effect until December 31, 2032. Tax Information Publication, No. 22A01-16, Florida Department of Revenue, December 9, 2022
Guidance is issued regarding changes that have been made to the affidavit required to claim the sales tax exemption for […]
Read MoreThe Florida Department of Revenue is offering corporate income tax return filing extensions for businesses in counties affected by severe […]
Read MoreFlorida issued guidance that discusses the new corporate income tax credit for employing individuals with unique abilities. The guidance includes […]
Read MoreFlorida issued guidance that discusses the new corporate income tax credit for employing individuals with unique abilities. The guidance includes […]
Read MoreThe IRS has announced plans to deny tens of thousands of high-risk Employee Retention Credit (ERC) claims while beginning to process lower-risk claims. The agency’s review has […]
Read MoreThe IRS has issued a warning about the increasing threat of impersonation scams targeting seniors. These scams involve fraudsters posing as government officials, including IRS agents, […]
Read MoreThe IRS released the inflation adjustment factors and the resulting applicable amounts for the clean hydrogen production credit for 2023 and 2024. For 2023, the inflation adjustment factor is one, so the inflation adjusted applicable amounts are the same as those in Code Sec. 45V(b). Thus, the applicable amounts for a […]
Read MoreThe IRS has released the inflation adjustment factor for the credit for carbn dioxide (CO2) sequestration under Code Sec. 45Q for 2024. The inflation adjustment factor is 1.3877, and the credit is $27.75 per metric ton […]
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