Page 4 - Boca Exposure - June '21
P. 4

Page 4, Boca Exposure
      Tax Talk




       Dear Friends:                                     phone numbers, items to include in your hurricane supply   their own BTR. Also, check with your local municipality for its
          With more than 90,000                          kit and steps you can take to prepare before a storm   local Business Tax Receipt requirements.
       businesses in Palm Beach                          arrives.                                             Question: I’m an art student and run a small side business
       County, we are preparing                             To download a copy of our Hurricane Guide, please   selling my crafts directly to buyers on Instagram and other selling
       for the annual Business                           visit www.pbctax.com.                             platforms like Etsy, do I need a Business Tax Receipt?
       Tax Receipt (BTR) renewal                                                                              Answer: Yes, you do need a Business Tax Receipt, even if
       period which runs July 1                          New Business Listing                              you’re selling homemade goods online and don’t intend to open
       through Sept. 30. I thought                                                                         a storefront. The BTR application is available on www.pbctax.
       this would be a perfect                              Did you know that we                           com and the annual BTR renewal fee can be paid online. Also
       time to answer some of the                        offer new Palm Beach County                       check with your local municipality for its local Business Tax
       more common questions we                          business listings to the general                  Receipt requirements.
       receive about the BTR and to                      public through our subscription                      Question: I live in Martin County but run a construction
       provide you with resources for additional information.  service? Visit  www.pbctax.                 business that recently started doing work in Palm Beach County,
          June also brings the start of hurricane season and I, like   com to complete an application      what are my Business Tax Receipt obligations?
       you, want to be prepared for any storms that may come   to sign up for this subscription service.      Answer: You will need to apply for a BTR from Palm Beach
       our way this year. Now is the time to make your plans and                                           County by visiting www.pbctax.com and be sure to check the
       we want to help you with those plans, so I am thrilled to   Ask Anne                                local municipalities within Palm Beach County that you are
       announce the availability of our hurricane guide for our Palm                                       doing business in, as each has separate BTR requirements, and
       Beach County residents and businesses.               We receive many                                will verify that your BTR is up to date prior to issuing work
                                              Stay safe,  inquiries from business                          permits. You are required to obtain a BTR within 30 days of
                                       Anne M. Gannon,   owners, sole proprietors                          starting business in Palm Beach County, and penalties will be
                              Constitutional Tax Collector,   and professionals who                        charged after that grace period.
                               Serving Palm Beach County  work from home and                                  Question: I work from home as a customer service
                                                         others about the local                            representative answering phone calls for my employer, who has
      Plan. Prepare. Protect.                            Business Tax Receipt                              provided me with all the necessary equipment I need to perform
                                                         (BTR). Any person selling merchandise or services in Palm   my job, do I need a Business Tax Receipt?
         June 1 marks                                    Beach County, or operating as a one-person, remote, or home-     Answer: No. If you are a home-based employee answering
      the  beginning                                     based business must have a BTR, and renew it annually. There   customer service calls from your home for your company and
      of hurricane                                       are some exemptions to this requirement that can be found   you receive a W-2 from that company, you do not need to obtain
      season and each                                    on our website, www.pbctax.com. You must also check with   a BTR.
      year at this time                                  your local city or municipality in which you operate as to local      Visit www.pbctax.com/local-business-tax for full details,
      it is all about                                    business requirements as well. Recently, we have been hearing   forms, and an online payment portal.
      p r e p a r a t i o n s.                           from remote or home-based professionals seeking information.
      Those of us who have been through storms before,   Here are a few questions from Tax Talk readers.   Important Dates And
      understand the importance of preparing and planning to      Question: I just moved to Florida and plan on working
      avoid being caught off guard from an approaching storm.   remotely before establishing an office for my business, what   Deadlines
      For our newest neighbors who have not experienced   Business Tax Receipt type will I need to obtain?
      one of these tropical storms or hurricanes, we can help      Answer: As a sole professional working from your home,   June    National Safety Month
      you become more prepared and more informed with    you will need to apply for a Business Tax Receipt for yourself.   June 1  Tourist Development Tax Due
      your storm preparations. We are very proud to once   Once you open your office, the office will need a BTR as well. If         Hurricane Season Begins
      again provide our Hurricane Guide filled with crucial   you grow your business and have other professionals working in   June 20  Father’s Day
      information for preparing for this year’s hurricane season.   your office (such as a law firm or medical practice with multiple   June 30  June Discounted Installment
      The guide is chock-full of information, such as, important   practitioners), each professional under your office roof will need         Payment Plan Payment Due
   1   2   3   4   5   6   7   8   9