by Caden DeLisa | Aug 13, 2024
Florida’s small businesses continue to struggle with inflation and labor shortages, despite a slight increase in optimism, as ongoing cost pressures and declining sales challenge operations. Florida’s small businesses continue to grapple with persistent...
by The Center Square | Aug 12, 2024
The Washington, D.C.-based Tax Foundation ranked Florida as the 24th highest combined state/local sales tax rate at 7 percent. The state sales tax is 6 percent and the average county levy is 1.02 percent. Groceries and prescription medicines are exempt from sales tax....
by News Service of Florida | Aug 9, 2024
Hurricane Debby is expected to result in insured losses of $1 billion to $2 billion, mainly from wind and flood damage, but many inland homeowners without flood insurance could face significant out-of-pocket costs. Hurricane Debby is expected to be a “very...
by Caden DeLisa | Aug 8, 2024
Sen. Rick Scott introduced the Homeowners Premium Tax Reduction Act to allow an annual tax deduction of up to $10,000 for homeowners insurance premiums, aiming to reduce the financial strain on homeowners amid continually rising insurance costs. Sen. Rick Scott...
by Caden DeLisa | Aug 2, 2024
S&P Global Ratings upgraded the University of Florida’s debt outlook from stable to positive due to its market position and financial surpluses, while affirming various long-term ratings on its revenue bonds. S&P Global Ratings upgraded its outlook on the...
by Caden DeLisa | Aug 1, 2024
Lawmakers and the public criticized Citizens Property Insurance Corporation’s proposed rate increases during a public hearing, highlighting the disproportionate impact on Monroe County residents who lack alternative insurance options. Lawmakers and members of...
