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May 26, 2018

Wednesday's Afternoon Update

What you need to know about Florida today

| 1/9/2013

Gov. Scott plans to eliminate another business tax

Gov. Rick Scott isn’t giving up in his quest to cut corporate taxes, proposing to eliminate a requirement that manufacturers prove they’ve made some gains in productivity to claim a sales-tax break on equipment purchases. The Republican governor hasn’t yet been able to muster support for the big-ticket, $2 billion elimination of Florida’s corporate income tax he campaigned on, but that hasn’t stopped him from nibbling around the edges as much as possible. More at the Orlando Sentinel.

Quickie foreclosure bill on agenda again

A fast-track foreclosure bill meant to hasten the legal process and reduce a mammoth court backlog will again be discussed by Florida lawmakers this year — the fourth consecutive session in which the issue has been up for legislative debate. More at the Palm Beach Post.

Taxes rising for affluent married couples in Florida

Business Profile


Sloan Kamenstein, a London Le Cordon Bleu-educated chef, opened his first Sloan’s, an over-the-top ice cream shop, in 1999. Since then, it’s grown to four stores in south Florida, known for plush toys along the pink walls and decadent desserts.

» Full profile
» Official site

Families with high dual incomes are finding they will owe more in new taxes this year after Congress voted on hikes to avoid the so-called fiscal cliff. South Florida has a high number of businesswomen who earn more than their counterparts in other parts of the United States. More at the South Florida Sun-Sentinel.

Doctors dispute Florida workers compensation report

Doctors are disputing a state report saying drugs dispensed by physicians directly to patients are raising workers' compensation rates. The Florida Medical Association said in a statement issued Tuesday that doctors were unfairly targeted in the annual report released last week by the Office of Insurance Regulation. More at the AP.

Filing early? Fiscal cliff debate delays 2012 tax refunds

You'll be getting your tax refund later than usual this year, and you can thank the congressional debate over the fiscal cliff for that. The Internal Revenue Service says that it will begin processing individual tax returns on Jan. 30 this year, eight days later than usual. More at Florida Today.

Reaching for the Stars
Space Florida's role in the state's economy

frank dibelloFrank DiBello, President of Space Florida, visited Florida Trend's offices on Tuesday, Jan. 8, for a round table discussion with Trend's editorial staff. DiBello spoke about his agency, the space industry and future innovation coming to the state.

» Full story and videos

Tags: Daily Pulse

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An overview of the features and articles in this month's issue of Florida Trend.


Florida Trend Video Pick

2018 Atlantic Hurricane Season Outlook
2018 Atlantic Hurricane Season Outlook

Dr. Gerry Bell, lead seasonal hurricane forecaster at NOAA’s Climate Prediction Center, and the rest of his team NOAA, are predicting an 75 percent chance that the 2018 Atlantic hurricane season will either be near-normal or above normal.

Earlier Videos | Viewpoints@FloridaTrend

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