Florida Construction Lien Law (Chapter 713): Subcontractors and material suppliers must serve a Notice to Owner within 45 days of first providing labor or materials. Our bookkeeping tracks project start dates, amounts billed, and payments received by project so your lien rights are protected and documented at all times.
Florida Sales Tax on Materials: Florida charges a 6% state sales tax on construction materials plus a Broward County discretionary surtax. Our bookkeeping separates taxable material purchases from labor and subcontractor costs so sales tax compliance is built into your daily records and you are not overpaying or underreporting.
No State Income Tax: Florida has no state income tax, which simplifies payroll withholding. However, contractors must still track federal payroll obligations, workers compensation allocations, and unemployment insurance by project. Our bookkeeping ensures labor burden is accurately calculated and allocated at the job level.
1099 Reporting for Subcontractors: Contractors who pay subcontractors $600 or more annually must issue 1099-NEC forms. Our bookkeeping processes track every subcontractor payment by vendor and project throughout the year so 1099 preparation is accurate and on time.
Broward County Permit and Impact Fees: Broward County charges permit fees and impact fees for transportation, parks, schools, and utilities that vary by project type and location. Our bookkeeping codes these fees to the correct job and cost category so they are accurately reflected in your project budgets and profitability reports.