Marion County school board considers spending millions to replace some schools, sell others
Marion County school board members are discussing which schools need help the most as they look ahead to the November election where voters could help fund those projects.
‘The only solution:’ Orange County State of the Schools address focuses on half-cent sales tax
Leaders with Orange County Public Schools push for a continuation of a half-cent sales tax to fund the district’s construction needs and renovations for the next 10 years.
Tours given at Marion County schools to showcase urgent need for improvements
Officials with Marion County Public Schools are offering tours at some of its schools to showcase the need for repairs and improvements, according to a news release.
Protecting your tax dollars: Seminole commissioner makes changes to prevent inappropriate spending
Seminole County’s preliminary audit of Winter Springs claimed the city misspent special tax money, but it also exposed a bigger problem: There aren’t enough safeguards in place to ensure proper spending across the county.
IRS ups standard deductions, tax brackets due to inflation
Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation.
IRS warns promises of big tax refunds could lead to an audit
The IRS Criminal Investigations Division reported a staggering $2.19 billion dollars in tax fraud with an 89.4% conviction rate, according to its 2021 annual report.
Florida Gov. Ron DeSantis signs online sales tax bill estimated to produce $1 billion a year
Gov. Ron DeSantis signs into law a plan to require out-of-state online retailers to collect sales taxes on purchases made by Floridians.
Florida senators back plan to collect online taxes
Sen. Joe Gruters, who doubles as chairman of the state Republican Party, said his proposal simply requires online businesses with no physical presence in Florida to collect sales taxes when customers in Florida make purchases. Gruters’ bill will be considered during the legislative session that starts March 2, as lawmakers also grapple with major budget problems stemming from the coronavirus pandemic. Many online sales to Floridians are taxed if, for example, retailers have stores or other operations in the state. But Gruters’ proposal uses a 2018 U.S. Supreme Court decision in a case known as South Dakota v. Wayfair as a basis for trying to require other out-of-state businesses to collect and remit the taxes to Florida. The decision against Wayfair, a large online retailer with no physical presence in South Dakota, overturned a “physical presence test,” expanding states’ abilities to collect sales taxes.