Sales Tax Changes in Hillsborough County, FL
Reading Time: 0 minutes, 30 seconds
Please disregard if you do not conduct business in Hillsborough County.
On January 1, 2019, Hillsborough County changed the sales tax and commercial rental tax rates. Hillsborough County will now collect 8.5 percent for all sales and 5.8 percent on commercial rent, so it is important to adjust your sales software on January 1st to account for the increase in sales tax. Click here to view the notice from Hillsborough County.
Contact your tax software company for instructions on how to adjust tax rates to avoid incurring additional expense for your business due to improper planning. If you have any questions, please call our office at 813.254.2727.
Contact Us
Recommended Articles
By Susan G. Corderman Clifford, CPA – Principal If you are a grandparent in a financial position to help your grandchildren with their college education, you may be wondering what the tax implication might be. There are three types of taxes you may need to consider if you are talking about a grandchild’s college education: […]
On April 17, 2019, the IRS and Treasury issued its much anticipated second set of proposed regulations under Internal Revenue Code, Section 1400Z-2, Special rules for capital gains invested...
Prepared by Susan Clifford, CPA – Principal Are you taking required minimum distributions? Does the fluctuating market have you worried about having to sell in a down market...
You may have noticed some additional cash in your pocket this year, perhaps a little too much. Some taxpayers have potentially paid too little through income...
The Tax Cuts and Jobs Act brought reform to the way taxpayers can deduct interest related to two types of loans secured by a home: Mortgage...
Stay up-to-date
Remain informed and connected. Follow us and join our mailing list.
An independent member of the BDO Alliance | Hancock Askew & CO, LLP ©2019.All Rights Reserved.