Ways To Reduce Taxes In Florida

If you live in Florida, you might be wondering about Florida’s tax relief. In the past, the legislature has passed several bills that provide broad-based relief. These include the elimination of sales tax on certain items, including clothing and furnishings, and the reduction of the state’s income tax rate. However, there are still many issues affecting the state’s tax situation. In the last couple of years, however, the legislature has made even greater strides to provide more diversified relief.Phoenix tax relief firm

One example of this is the Florida tax relief that Charlie Crist is proposing. This program would save Florida taxpayers a staggering 25 cents per gallon on gas and is funded through state reserves. If successful, the relief could reduce taxes by more than $1 billion. If you have more money than this, it might make sense to suspend state taxes during this time, but the deadline is approaching fast. During these weeks, you’ll be able to see your tax bill to reduce by $200 per family.

Another example is the Florida tax relief package that passed this year. This package was drafted by the House Ways and Means Committee and approved by the state legislature. It includes a plethora of tax breaks for individuals, businesses, and households, including a third week off for living in a home without assistance. This is a great example of Florida tax relief. It’s a very generous and helpful package that can make living in Florida much easier.