Property Tax Alert: Florida

November 2005

Businesses that paid over $30,000 in Florida intangible personal property tax in the state's previous fiscal year generally must file returns and pay tax electronically the following calendar year. Enrollment is not required to file and pay the tax on the Florida Department of Revenue website. Payments and returns must be submitted anytime after January 1 and are late after June 30. The Department may waive the electronic filing requirement for valid business reasons, although qualifying taxpayers would still have to remit payments by electronic funds transfer.

Please contact Rash & Associates for more information.