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.
If you’re a crypto investor or user, you may have noticed something new on your tax return this year. And you may soon notice a new form reporting requirements for digital assets. Check the box Beginning with tax year 2022, taxpayers must check a box on their tax returns indicating whether they received digital assets […]
Many businesses use independent contractors to help keep their costs down — especially in these times of staff shortages and inflationary pressures. If you’re among them,...
Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children...
Did you make large gifts to your children, grandchildren or other heirs last year? If so, it’s important to determine whether you’re required to file a...
It’s been years since the Tax Cuts and Jobs Act (TCJA) of 2017 was signed into law, but it’s still having an impact. Several provisions in...
Remain informed and connected. Follow us and join our mailing list.