Local Business Tax Receipts – what are they and when are they renewed?

If you are a business owner, you need to comply with your local county and/or city regulations, which includes applying for a local business tax receipts in most areas. A local business tax receipt, formerly known as an occupational license, is an annual tax that is paid to the jurisdiction in which your business is physically located.

This depends on where your business is physically located, so be sure to check with your local county and/or city tax departments to ensure you are properly covered.  If you are in unincorporated area of the county, you will not need to check with the city.

They stopped calling this an occupational license because people were getting confused and thinking it was a license. This does not allow you to do any work that requires a separate license to do, i.e. construction, accounting, medical, etc. Those licenses must be applied for separately.

If you are already familiar with this requirement and currently hold a local business tax receipt, please be aware that most counties and/or cities have an expiration date of September the 30^th. Your local business tax receipt will need to be renewed prior to this date to ensure you are in compliance for the upcoming tax year. Check with your local tax department if you are unsure of your renewal date.

Should you have any additional questions, please contact our office at (239) 777-1028 and a member of our team will be happy to assist you with any additional questions.