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

“If You Build It, He Will Come”: Florida TaxWatch Looks At The Tampa Bay Rays’ Ballpark Proposal

/ Categories: Research, Local Government

This report analyzes the key aspects of the deal and identifies critical questions that local officials should consider before deciding whether the proposed ballpark is in the best interest of taxpayers.

The report does not draw conclusions on the merits of the deal but instead focuses on outlining the important factors that need to be weighed, such as the total public costs, the best use of public funds, and the fairness of the cost-sharing agreement. While the project is expected to generate significant economic impacts over 30 years, research shows that the benefits of publicly subsidized sports facilities are often overstated.

To learn more about this critical issue affecting the Tampa Bay region, download the full report for an in-depth, independent analysis.

Using Public-Private Partnerships and Public-Public Partnerships to Meet the Growing Demands for Public Infrastructure

The gap between Florida’s infrastructure needs and what Florida currently has is nearly $2.59 trillion over ten years. By year 2039, a continued underinvestment in Florida’s infrastructure at current rates will have serious economic consequences — $10 trillion in lost Gross Domestic Product (GDP), more than 3 million lost jobs, and $2.4 trillion in lost exports. Two creative solutions are public-private partnerships (PPPs) and public-public partnerships (PUPs). Why then, are there not more PPPs and PUPs? 

The Economic and Fiscal Significance of the U.S. Census and American Community Survey

/ Categories: Research, Census, Economic Development, Local Government

The once-in-a-lifetime pandemic disrupted the 2020 Census— the 24th in U.S. history—delaying field operations and hampering the public’s ability to respond. This report underscores the COVID-19 pandemic’s impact on 2020 Census data collection efforts, including disruptions to the ACS, and highlights how this impacts federal funding and critical decision-making among policymakers and business leaders alike.

2022 Taxpayer Independence Day

/ Categories: Research, Taxes, Local Government

On Thursday, April 14, Florida TaxWatch joins the taxpayers in our state in celebrating Florida Taxpayer Independence Day 2022. On that day, Floridians are finally earning money for themselves–not for the tax collector. This symbolic date assumes that every dollar earned since January 1 goes to pay federal, state, and local tax obligations. This measure of tax burden is based on the relative size of all taxes paid in Florida to our state’s total personal income. In 2022, for the average Florida household, paying its taxes takes 103 out of 365 days, nearly three and a half months.

The Impacts of Lawsuits Against Local Governments for Business Damages

/ Categories: Research, Corrections/Judicial, Local Government

The 2022 Florida Legislature is debating two pieces of legislation that add to the process of passing local ordinances and provides additional rights to businesses and residents who wish to challenge those ordinances. This Session Spotlight takes a detailed look at SB620/CS/HB569 & CS/SB280/HB403.

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