How to Get Your Taxes Under Control in Florida
If you’re looking for a way to get your taxes under control in Florida, you’ve come to the right place. The state has enacted a variety of tax-relief measures over the past several years, helping thousands of Floridians pay their bills faster. For example, the governor of Florida recently proposed a fuel tax holiday, which would run from July 1 to November 30, 2022. While not every item can be tax-free, many items can be and will be exempt.Miami tax relief company
The first of these measures, House Bill 7071 has been drafted by the Ways and Means Committee of the Florida House and Senate. The measure aims to provide $1.1 billion in tax savings over two years. The new legislation would also offer new tax credits and exemptions. It passed both chambers on a 117-1 vote and will now go to the governor’s desk for signature. There was one dissenting vote, by Rep. Omari Hardy.
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Another package of tax breaks includes temporary exemptions for certain items, such as back-to-school supplies, disaster preparedness kits, and certain recreational activities, such as fishing and boating. This $1 billion cannot be spent for any other purpose, however. Instead, Floridians will pay for these sales-tax holidays – but most Floridians don’t use them anyway. That money could be put to better use by policymakers in reforming the state’s upside-down tax structure.