9 Actions Florida Should Take to Help Taxpayers Impacted by Hurricane Ian

1.     Postpone tax notices and waive penalties or interest for late tax filings in affected areas

2.     Extend the date for residents to take advantage of the tax discounts they would normally receive for paying property taxes and special assessments in November and postpone or defer the deadline for property tax installment payments

3.     Protect individual and business taxpayers from the risks for notices that they will likely not receive because their home or business addresses is not accessible anymore

4.     Issue no new audits in severely impacted areas, extend the statute of limitations and postpone existing audits that haven’t reached the assessment stage because these can’t be responded to while entire communities are still recovering

5.     Create procedures for fairly estimating taxes which can’t be calculated because records have been destroyed by the storm, moving away from the current method which significantly overestimates activity if no records are available

6.     Initiate procedures to offer payment plan assistance for late taxes, rather than resorting to the standard collection methods, like liens, levies, or bank freezes

7.     Retroactively apply the recently passed law that provides property tax refunds for residential property rendered uninhabitable as a result of a catastrophic event

8.     Provide tangible personal property relief and allow n on-residential properties rendered uninhabitable to receive property tax refunds

9.     Get Congress to pass a Disaster Tax Relief Act that includes provisions from past packages, including elements such as an Employee Retention Credit, an enhanced casualty loss deduction, and other relief provisions

Other Resources

Florida TaxWatch Statement on Hurricane Ian Recovery

Community Involvement

Budget Watch - Governor's Proposed Budget - FY2014-15

Highlights from Governor Rick Scott's proposed budget plan for FY 2014-15 are featured in this Budget Watch Report. The $74.20 billion spending plan is slightly lower than current year spending, even as lawmakers are expected to have their first budget surplus in many years.

The Effect of Changes in the National Flood Insurance Program on Florida

/ Categories: Research, Insurance
This Economic Commentary recommends that the required analysis be completed to determine the impact of the Biggert-Waters Flood Insurance Reform Act. Removal of the subsidies could affect home values and purchasing patterns, potentially resulting in reduced tax receipts from local property tax collections. To determine if the impact will be substantial, the report recommends the Federal Emergency Management Agency conduct the required affordability study prior to implementation of the Act.

Modern Management & Sensible Savings

This Report, from the TaxWatch Center for Government Efficiency, highlights more than $1 billion in savings for Florida taxpayers, without reducing state-provided services. The six comprehensive recommendations included in the Report address replacement of the state's accounting system; information technology governance, procurement and state asset management; pension reform; criminal justice reform; state health insurance reforms; and revenue maximization.

Government Cost Savings Task Force Report for FY2013-14

Continuing a legacy that has resulted in the savings of at least $3.5 billion in Floridians' hard-earned tax dollars over the last four years alone, Florida TaxWatch added more than $1 billion in cost-saving options for lawmakers this year, with the release of this Report. This year's Report is the fifth in as many years from Florida TaxWatch, the independent, nonpartisan, nonprofit taxpayer research institute and government watchdog headquartered in Tallahassee.
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