Florida Residents Can Save on Storm Season Supplies this Weekend by Karen A. Lake, CPA
Posted on June 01, 2017 by Karen Lake
With the start of the 2017 Hurricane Season on June 1, Florida residents will have three days to stock up on storm supplies free of sales tax, thanks to the state legislature.
The Disaster Preparedness Sales Tax Holiday begins at 12:10 a.m. on Friday, June 2, and runs through 11:59 p.m. on Sunday, June 4. During this period of time, qualifying purchases of batteries, flashlights, ice coolers, weather band radios, bungee cords, tarps and portable generators will be exempt from Florida’s 6 percent sales tax, as long as they meet specific sales price thresholds. For example, the sales tax holiday applies only to portable generators with a sales price of $750 or less and to batteries and coolers costing $30 or less. Shoppers may apply retailer coupons, discounts or rebates to reduce a product’s sales price to the amount allowable under the exemption. For more details, visit the Florida Department of Revenue’s Disaster Preparedness website at http://floridarevenue.com/DisasterPrep/Pages/default.aspx.
About the Author: Karen A. Lake, CPA, is an associate director in the Tax Services practice of Berkowitz Pollack Brant and a SALT specialist who helps individuals, businesses and non-profit entities navigate complex federal, state and local taxes, credits and incentives. She can be reached at the firm’s Miami office at (305) 379-7000 or via email at firstname.lastname@example.org.