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Hillsborough County Sales Tax to Decrease to 6.5% on January 1, 2025

By Rivero, Gordimer & Company Starting January 1, 2025, businesses and residents in Hillsborough County will see a decrease in the total sales tax rate, dropping from 7.5% to 6.5%. This temporary suspension of certain discretionary sales surtaxes highlights the importance of staying informed about changes in tax regulations—a critical aspect of sound financial accounting …

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Corporate Transparency Act Halted: What It Means for Accounting and Compliance

By Rivero, Gordimer & Company The Corporate Transparency Act (CTA) has been temporarily halted, creating uncertainty for businesses navigating complex regulatory requirements. This recent legal development underscores the importance of staying informed and proactive to protect your business’s compliance and financial health. What is the Corporate Transparency Act? The CTA, enacted in 2021, was designed …

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