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Florida Farms, Businesses May Now Apply for Hurricane Recovery Sales and Fuel Tax Refunds and Exemptions by Karen A. Lake, CPA

Posted on June 05, 2018 by Karen Lake

The Florida Department of Revenue recently published the following forms for qualifying businesses to apply for tax relief that the state legislature created in response to the 2017 hurricane season.

Form DR-26SIAG allows farming and agricultural business to apply for a refund of sales tax paid on purchases of materials used to repair or replace nonresidential farm buildings and/or agricultural fencing damaged by Hurricane Irma. Nonresidential farm buildings refer to temporary or permanent buildings or support structures used primarily for agricultural purposes and not intended to be used as a residential dwelling. This may include a barn, a greenhouse, a shade house, a farm office or a storage building. The refund applies to building materials purchased between September 10, 2017, and May 31, 2018.

Form DR-26IF provides farming and agricultural businesses with a method to apply for a partial refund on fuel tax paid for agricultural shipments made between September 10, 2017, and June 30, 2018. The refund of .02 cent fuel tax and 0.125 inspection fee for fuel placed in storage tank may apply to farms, nurseries, orchards, vineyards, gardens, apiaries or nonfarm facilities that transported agricultural products to or from a processing or storage facility that is involved in the production, preparation, cleaning or packaging of crops, livestock, related products, and other agricultural products.

Form DR-26SIGEN applies to nursing homes and assisted living facilities that purchased generators or other emergency power equipment between July 1, 2017, and December 31, 2018. The amount of the refund can be as much as $15,000 in sales tax and surtax paid for the purchase of qualifying equipment made to a single facility.

Applying for Florida tax refunds and exemptions requires businesses to gather and submit a significant amount of detailed supporting documentation. The tax accountants and advisors with Berkowitz Pollack Brant have deep experience helping clients prepare and submit these requests on the state and federal levels.

About the Author: Karen A. Lake, CPA, is SALT (state and local tax) specialist and an associate director of Tax Services with Berkowitz Pollack Brant, where she helps individuals and businesses navigate complex federal, state and local tax laws, and credits and incentives. She can be reached at the firm’s Miami office at (305) 379-7000 or via email at info@bpbcpa.com.

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