Tax season is intensifying scams from fraudsters posing as the IRS, who have been targeting Palm Coast residents and threatening them with arrest if they don’t immediately pay bogus tax bills.
taxes
Starting With $8.50 Increase Next Year, FPL Seeks Monthly Rate Increase of $14 By 2020
The proposal would help cover the nearly $16 billion that the power company has been investing since 2014 to improve its electricity service.
Florida House May Back Scott’s $1 Billion Tax Cut, With Minor Differences
The House intends to offer a $1 billion tax-cut package that includes Gov. Rick Scott’s call to reduce a tax on commercial leases and holding a back-to-school sales tax “holiday.”
Familiar Priorities In Scott State of the State: Tax Cuts and Spending on Business Incentives
The governor has essentially staked his legislative session on the success of two initiatives: A $1 billion tax cut and devoting $250 million to a new “Florida Enterprise Fund” to help lure employers to the Sunshine State.
Taxation’s Next Frontier: The Cloud
But as states look to tax cloud services, questions arise as to whether storage space in the cloud is a tangible “good,” subject to sales taxes, a “service,” subject to use taxes, or neither of those.
Scott Wants Tax Cuts Larger Than Projected Surplus. Lawmakers Are More Prudent.
Scott wants a larger tax-cut package in 2016 than the $673 million he sought this year, even though the state budget surplus is projected at $635.4 million, much of it one-time revenue that won;t recur in subsequent years.
Florida Lawmakers Consider Dumping Property Tax and More Than Doubling Sales Tax
If the state eliminated all property taxes, committee records indicate the state’s sales tax would have to go from 6 percent to 12.72 percent to cover existing state, local, school and special district expenses.
Yet Another Sales Tax “Holiday” Proposal, For Two Months, This Time for Military Veterans
The military veteran sales tax break would last from Nov. 1, 2016, through Dec. 31, 2016, just in time for the holidays, but competes with other breaks.
County Approves Indefinite Halt to Road Impact Fees, May End Them in East Flagler
A moratorium has cost cost the county $810,000 in transportation impact fees and $145,000 in parks and recreation fees as a result.
State Education Board’s “Historic” Funding Proposal Is Still $1,000 Per Student Below 2006 Level
In inflation adjusted dollars, current spending on public education is $1,100-per-student less than it was in 2007, and would still be $1,000 less if the Legislature goes along with a state board of education proposal.