Florida Tax Relief – Save More Than $1 Billion This Year

The Florida tax relief package signed by Gov. Ron DeSantis will save families more than $1 billion this year. This package includes nine sales tax holidays, the elimination of the motor fuel tax, and a yearlong tax break on certain household items. These provisions are a boon for Florida families and businesses.Get a Free Consultation on Tax Relief

Hurricane-damaged Florida residents can qualify for tax relief under the federal disaster protocol. The Federal Emergency Management Agency has declared the state a disaster area. This designation means that all homeowners and businesses can apply for a tax break. This can result in up to $60 billion in savings for the state. If you live in Florida, you may qualify for tax relief, including disaster relief for your business.

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The tax package also includes sales tax breaks for disaster supplies, gas, and recreational activities. For example, a Jacksonville parent will save $65 on diapers. There are also tax breaks for gas, disaster supplies, tools for skilled trades, and recreational activities. A full list of tax-free items can be found here.

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The Florida Legislature has passed several tax relief packages in the past few years. One of the biggest tax relief packages this year included a reduction in the motor fuel tax by 25 cents per gallon. This plan will affect all gasoline products and blended products and gasoline-powered motor vehicles.

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