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

Florida Taxwatch Calls On The Legislature To Extend The Manufacturing Sales Tax Exemption During The 2016 Legislative Session

/ Categories: Releases
With the looming sunset of the sales tax exemption on manufacturing equipment threatening to harm Florida’s economy, Florida TaxWatch testified before the Legislature to extend the tax exemption. The exemption on manufacturing equipment allows manufacturers to reinvest the money they would have given to the state back into their business. This promotes growth in the manufacturing industry and creates high salary jobs.

Floridians Get Back To Work As 2015 Job Growth Boosts Record Employment

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With an addition of 240,000 jobs in 2015, Florida continues to rise from the Great Recession, according to the December edition of Economic Commentary by Florida TaxWatch. Over the past year, all of Florida’s major industries have seen strong employment gains, with government being the only industry with a reduction in jobs. The unemployment rate has fallen to five percent, matching the national rate and reaching its lowest point since January 2008.

Thirteen Percent Of Floridians' Personal Income Goes To Support State And Local Government

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While Florida is known as a tax-friendly state, taxes don’t tell the whole story about how much the government costs its citizens. A better measure to calculate the overall cost of government is to use “own source revenue,” which includes not just taxes, but all other sources of revenue like fees, charges for services, special assessments, impact fees and net lottery revenue.
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