Stanek Tax Services
  • Home
  • About
  • Services
  • Forms
    • Business Expense Worksheet
    • Business Professionals
    • Clergy
    • Direct Sellers
    • Entertainers
    • Firefighters
    • Flight Crews
    • Generic Tax Organizer
    • Law Enforcement
    • Realtors
    • Self Employed
    • Truckers
  • Links
  • Blog
  • Testimonials
  • Contact Us
  • Location
  • Client Portal

FAILURE TO FILE SALES TAX RETURNS = 5 YEARS IN JAIL

5/24/2013

2 Comments

 
Did you know that it is a felony in Florida for the failure to file six consecutive sales tax returns in Florida?  Apparently, neither did a Naples, Florida auto repair shop owner.
On April 25, 2013, [name omitted], owner of Tony Rosado Automotive Services, Inc. located at 1890 Elsa St., Naples, Florida was arrested by the Collier County Sheriff's Department on felony charges for allegedly FAILURE TO FILE SIX CONSEQUETIVE SALES TAX RETURNS. The Naples,
Florida resident faces up to 5 years in prison and up to $5,000 in fines in addition to repayment of any taxes, interest, and investigation expenses. According to investigators, [name omitted] collected sales tax from customers in the auto repair business but during periods of 2007
through 2010, he failed to file sales tax returns as mandated by Florida law.
 
Florida law requires business owners that provide auto repair services to act as a sales tax collection agent to the state and they must file returns and remit all sales tax collected to state of Florida. Unfortunately, there is a lot of confusion in the industry because a pure labor service is not subject to sales tax. However, if any tangible personal property transfers to the customer,
then the whole transaction is subject to sales tax – even a drop of oil. Thus, the industry faces close scrutiny from the Florida Department of Revenue. Further, Florida sales tax is required to be separately stated on the customers invoice and Florida law mandates that the taxes collected be the property of the state from the moment it is collected from the customer. Therefore, despite
putting these amounts in their own checking accounts, business owners must segregate sales tax collect and remit it to the state in a timely fashion/

2 Comments
Cpa in California link
5/29/2013 08:36:55 pm

Thanks a lot for sharing the information. I dont think so much people know about the jail term as a punishment for not filing taxes.

Reply
accounting services plantation link
10/4/2013 04:00:31 pm

This is really superb post.

Reply



Leave a Reply.

    stanek tax

    Welcome to Stanek Tax Services where our Motto is, "Don't Panic, Call Stanek!"

    Archives

    May 2016
    April 2016
    January 2016
    December 2015
    November 2015
    October 2015
    April 2015
    December 2014
    November 2014
    September 2014
    June 2014
    May 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    August 2013
    July 2013
    June 2013
    May 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012

    Categories

    All
    Irs
    Retirement
    Tax

    RSS Feed

Powered by Create your own unique website with customizable templates.
  • Home
  • About
  • Services
  • Forms
    • Business Expense Worksheet
    • Business Professionals
    • Clergy
    • Direct Sellers
    • Entertainers
    • Firefighters
    • Flight Crews
    • Generic Tax Organizer
    • Law Enforcement
    • Realtors
    • Self Employed
    • Truckers
  • Links
  • Blog
  • Testimonials
  • Contact Us
  • Location
  • Client Portal