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Articles in category 'Theft of State Funds'
The 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 Funds
