Small businesses do not owe Florida excise taxes, also known as documentary stamp taxes, for loans obtained pursuant to the Paycheck Protection Program under the CARES Act. Generally, Florida loans are subject to documentary stamp taxes equal to 35 cents for every $100 (capped at $2,450 for unsecured loans). The…
We invite you to join our partner Jennifer Fowler-Hermes for a virtual presentation hosted by the Lakewood Ranch Business Alliance this Wednesday, April 8. The program will answer questions around the new aid packages available to businesses as a result of the COVID-19 crisis. With the rollout of these new…
Late on Friday, Florida’s Governor issued clarifications through a List of FAQs regarding the Safer-at-Home Executive Order 20-91, which became effective at 12:01 a.m. April 3, 2020, as noted in our recent blog post and is currently scheduled to expire on April 30, 2020. The FAQs explained that notwithstanding that persons in Florida who are…
An update to this post was published April 15. Late on Friday, Florida’s Governor issued clarifications through a List of FAQs regarding the Safer-at-Home Executive Order 20-91, which became effective at 12:01 a.m. April 3, 2020, as noted in our recent blog post and is currently scheduled to expire on April 30, 2020. The FAQs explained that notwithstanding…
In recognition of COVID-19’s impact on the ability of Floridians to make mortgage and rent payments, Florida Governor Ron DeSantis issued Executive Order #20-94 on April 2 suspending the ability of mortgage lenders and landlords to bring actions for foreclosure or eviction for a period of 45 days from the date of the…