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

Download the Recommendations

Other Resources

Florida Disaster.biz
FEMA
Florida Department of Financial Services
Florida SBDC
Disaster Contractors Network
Florida Disaster Fund

Florida TaxWatch Statement on Hurricane Ian Recovery

Community Involvement

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Program of All-Inclusive Care for the Elderly (PACE) Report 2019

In the year 2050, U.S. Census Bureau estimates that there will be 83.7 million people in the United States who are 65 years or older. This estimate is nearly twice as many seniors as there were in 2012. Additionally, by 2050, the elderly population, specifically those who are 85 years old and older, is predicted to start growing at a faster rate than the working age population. 

Florida’s aging population is growing rapidly. While Florida’s overall population is expected to grow by almost 5.1 million between 2010 and 2030, elder Floridians will account for most of Florida’s population growth, representing 55.2 percent of the gains in population. Florida’s Office of Economic Development and Research estimated that there were 3,259,602 people aged 65 and older in 2010. By 2040, this number is expected to increase to 6,642,622.

As of 2010, there were 2.5 million Floridians in their 50s, 2.1 million Floridians in their 60s, 1.4 million Floridians in their 70s and almost 1 million Floridians in their 80s and above. There is every reason to believe that these numbers will continue to rise. Recent estimates predict that Florida’s 65 and older population will represent 24.1 percent of Florida’s overall population by the year 2030. As Florida’s population continues to age, the elderly population will require vastly different and more costly forms of health care, such as long-term care for chronic conditions, more frequent examinations and follow-ups, and services and care for cognitive and mental impairments. 

Not only do seniors demand different types of health care, but meeting these needs will cost more, as nearly half of lifetime healthcare costs are accrued during the senior years. Despite the large elderly population, Florida lags in long-term services and support for the elderly, currently ranking 46th in the nation. To prepare for the future long-term care needs of the elderly, it is crucial for Florida to look for ways to control costs and improve quality of life for our senior residents. The Program of All-Inclusive Care for the Elderly (PACE) is such a program, that can provide needed care to Florida seniors at a lower cost.

 

 

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