How to Avoid Criminal Prosecution in Failure to Remit Cases

If your business collects sales taxes from your customers and does not remit it to the Florida Department of Revenue, the State will bring criminal charges against you personally under Florida Statute 206.56 for Theft…

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Preparing IRS Financial Statements: Do’s and Don’ts

If you can’t pay your tax debt in full, you will have to completely disclose your financial circumstances to the IRS. There is no way to avoid this disclosure requirement other than making full payment….

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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…

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Florida 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…

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How to Deal with IRS Collection Agents

Once an assessment is made against you, your case gets sent to the IRS Collection Division. There are two types of collection agents taxpayers encounter in the IRS collection process: Automated Collection Distributors; and Local…

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