News & Publications

Don’t Let This Tax Break Blow By

On May 3, the 2019 Florida House Bill 7123 passed, bringing several tax savings to families and businesses across the Sunshine State. The bill is expected to save taxpayers over $120 million in taxes paid for these qualifying items in 2019. While the renewed “Back to School” Sales Tax Holiday has been long standing, this will only be the second year of the Disaster Preparedness Sales Tax Holiday.

Hurricane season in Florida officially begins on June 1st and ends on November 30th. With its arrival comes a week-long tax break on many important hurricane preparedness items, which starts on May 31st extending until midnight on June 6th. The tax exemption will be offered on the following items:

  • Portable self-powered light sources like flashlights, selling for $20 or less.
  • Portable self-powered radios including two-way radios or weather-band radios, selling for $50 or less.
  • Tarps, other waterproof sheets, ground anchors or ties, also for $50 or less.
  • Gas or diesel fuel tanks that are sold for $25 or less.
  • AA, AAA, C, D, 6-volt or 9-volt batteries sold for $30 or less (car and boat batteries are excluded).
  • Non-electric coolers up to $30.
  • Portable generators sold for $750 or less.
  • Reusable ice sold for $10 or less.

As this stormy season begins, let’s all be prepared and take advantage of the sales tax exemptions Florida is offering!

Tips for the Taxpayer

The Florida Department of Revenue website will maintain any updates or changes to the current legislation and any limitations to the exemption offered.

For More Information

If you are interested in learning more about this topic or other tax topics, please visit our Tax Publications under News and Events at www.allynintl.com.

How Can We Help?

Allyn’s tax team is staffed with seasoned tax professionals experienced in all aspects of Federal, multi-state and local sales and use tax compliance and consulting for large US and global corporations. We use that experience to your advantage.

Allyn files sales and use tax returns in every US taxing jurisdiction. We can manage your sales tax return filing process, review the compliance for your company in all the states in which you operate, and provide audit defense for your company. Our significant expertise in this area means you can focus on your core business while we focus on ensuring you are paying your fair share in sales and use taxes and not a penny more.

Contact us and we can provide a customized cost-effective solution to meet your company’s needs. For further information on Allyn Tax services, please contact: tax@allynintl.com.

Contributor: Cassidy Sanders


About Allyn International

Allyn International is dedicated to providing high quality, customer centric services and solutions for the global marketplace. Allyn's core products include transportation management, logistics sourcing, freight forwarding, supply chain consulting, tax management and global trade compliance. Allyn clients range from small local businesses to Fortune 500 firms. Allyn conducts business in more than 20 languages and has extensive experience in both developed and emerging markets. Highly trained experts are positioned throughout North America, Europe and Asia and Allyn regional headquarters are strategically located in Fort Myers FL USA, Shanghai P.R. CHINA and Prague, CZECH REPUBLIC. For more information, log on to www.allynintl.com.

 

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