As published in the Winter Park/Maitland Observer, Thursday Jan. 3, 2012 Edition Offers... Read More »
Articles in category 'Florida Sales Tax'
FAILURE TO REMIT FLORIDA SALES TAX IS A FELONY
In this episode of Taxation Nation tax attorney Peter Pappas discusses the Florida sales tax and what businesses and business owners should do if they have not paid over the sales taxes they have collected from their customers. Mr. Pappas explains that the Florida Department of Revenue has intensified its investigation and prosecution of restaurant,…
Read Full Article Categorized in: Florida Sales Tax, PodcastsThe Failure to Remit Collected Sales Tax is a Felony
One of the worse things cash-strapped business owners can do is collect sales tax from their customers and then use that money to pay other business expenses. The state of Florida calls this Theft of State Funds and it’s a felony. The reason for this is obvious: Business owners who apply for a Florida sales…
Read Full Article Categorized in: Criminal Tax, Florida Sales Tax, Florida Tax Audits, Tax Tutorials, Theft of State FundsFlorida Tax Audits: 10 Dos and Don’ts
After your Florida comprehensive tax audit has begun there are several things you should do and several you should not do in order to make the audit go as smoothly as possible and minimize your chances that the Florida tax examiner will make an assessment against you: Let’s start with the don’ts: Don’t make abstract…
Read Full Article Categorized in: Florida Sales Tax, Florida Tax Audits, Florida Taxpayer Rights, Tax TutorialsWarning to Bar/Restaurant Owners: Failure to Pay Sales Taxes Can Result in Loss of Liquor License
The Minnesota Sun reports that the owner of the King of Diamonds strip club in Inver Grove Heights pleaded guilty in federal court to one count of filing a false income tax return Thursday, Dec. 11. According to information from the U.S. Department of Justice, 65 year old Lawrence Frank Kladek, enter his guilty plea…
Read Full Article Categorized in: Florida Sales TaxWhat is Florida’s Tax Audit Process?
Like the IRS, the Florida Department or Revenue generally audits Florida residents and Florida businesses because they have reason to believe they may not be in compliance with the tax laws. Florida’s Audit Selection Process The DOR uses a variety of strategies for collecting information about Florida residents and businesses. Here are some of the…
Read Full Article Categorized in: Florida Sales Tax, Florida Tax AuditsWhy Have I Been Audited?
The State of Florida website says that a tax audit, [S]hould be an educational experience to provide an understanding of your responsibilities and rights under Florida tax laws. It should not be a frustrating, time-consuming experience. Although an audit is an enforcement tool to ensure tax compliance, it can help businesses identify and correct bookkeeping…
Read Full Article Categorized in: Florida Sales Tax, Florida Tax AuditsWhat are My Rights in a Florida Tax Audit?
The 1992 Florida Legislature passed legislation creating the Taxpayer’s Bill of Rights. It is a single document that explains, in simple and non-technical terms, the rights and obligations of both the taxpayer and the department. The basic taxpayer rights, as granted by section 213.015, Florida Statutes, are: 1. Right to be Informed: The right to…
Read Full Article Categorized in: Florida Sales Tax, Florida Tax Audits, Florida Taxpayer RightsFlorida Tax Problems Center
How to Handle a Florida Department of Revenue Sales and Use Tax Audit What to do When You Get a Florida Audit Notice What is Florida’s Tax Audit Process What are My Rights in a Florida Audit 10 Dos and Don’ts How to Handle Cases Involving the Failure to Remit Collected Sales Tax Payments The Failure to…
Read Full Article Categorized in: Florida Sales Tax, Florida Tax Audits, Florida Taxpayer Rights