Taxes

The Senate Finance and Tax Committee voted 3-1 to advance a wide-ranging proposal (SPB 7034) that would reduce state and local government tax revenue by $1.83 billion next fiscal year.

The bill released Monday included a one-time credit on annual vehicle registration fees and a three-year extension to an existing freeze on local cell phone and cable TV taxes.

The Internal Revenue Service automatically postponed the April 15 deadline for Floridians after the 2024 hurricanes.

On "The Florida Roundup," host Tom Hudson spoke with state Rep. Tom Fabricio and call-in listeners about competing tax and budget proposals.

Consumers who were enrolled fraudulently could receive unexpected tax bills — the first and possibly only clue they were a victim of fraud. Getting help may become difficult amid federal layoffs.

This week on The Florida Roundup, we spoke about a measure to cut the state sales tax with Rep. Tom Fabricio. We also opened up the phone lines and email inbox to hear how you are navigating economic uncertainty after a tumultuous week for the stock market.

The House budget is $4.4 billion less than the Senate's. Meanwhile, there are competing tax cut proposals and a vocal feud between Gov. DeSantis and the House.

Education Appropriations Committee Chair Danny Burgess says the choice program needs funding changes to ensure it doesn’t run out of money

Gov. Ron DeSantis argues that Floridians would prefer reducing homeowners' property taxes over a proposal by Florida House Speaker Daniel Perez for a sales-tax cut.

The current rate is 6%. It would reduce annual state tax revenue by $5 billion.

On this episode of "Florida Matters," we discuss Gov. Ron DeSantis' State of the State address to the Legislature. Topics he covered during the half-house speech included immigration, gun laws, education and property taxes.

A recent report shows that undocumented immigrants paid $1.8 billion in state and local taxes in Florida. That makes the state fourth in the nation when it comes to tax dollars collected from them.