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What is Dept of Revenue?

The Department of Revenue is mainly responsible for the following functions: - All matters relating to levy and collection of Direct Taxes. All matters relating to levy and collection of Indirect Taxes. Investigation into economic offences and enforcement of economic laws.

What does the Department of Financial Services IN Florida do?

The Department of Financial Services (DFS) regulates the states banking, securities, insurance, and funeral and cemetery businesses, and serves consumers who need assistance or information related to these businesses.

What is a Florida Department of Revenue warrant?

Under Florida tax law, the Department of Revenue (DOR) can issue a tax warrant, which is effectively the same as a lien, when you or your company fail to pay allegedly past due taxes. This puts into place various collection actions and penalties against you or your business.

Why would Florida Department of Revenue send me a letter?

DOR frequently sends letters to customers to request needed information to process a tax return. Not responding to an information request can cause a tax return to remain unprocessed, generating an overdue payment with penalties and interest owed. Additionally, any potential refund could be delayed.

What does Florida Department of Financial Services do?

The Department of Financial Services (DFS) regulates the states banking, securities, insurance, and funeral and cemetery businesses, and serves consumers who need assistance or information related to these businesses.

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What happens if you dont pay Florida sales tax?

Businesses who collect less than $1000 in sales taxes annually may file on a quarterly, semi-annual or annual basis. Florida assesses a late filing or late payment penalty of 10% if the return or payment of the tax is received later than the due date and charges interest at a 9% annual rate.

What is Florida CFO responsible for?

As amended, Article IV, section 4(c) of the Florida Constitution defines the duties of the Chief Financial Officer as follows: The chief financial officer shall serve as the chief fiscal officer of the state, and shall settle and approve accounts against the state, and shall keep all state funds and securities.

Who is in charge of the Florida Department of Financial Services?

Chief Financial Officer Jimmy Patronis, a statewide official, oversees the Department of Financial Services and serves as the State Fire Marshal.

What are the branches of the Florida Department of Financial Services?

Divisions Divisions. Accounting Auditing. Insurance Agent Agency Services. Investigative Forensic Services. Rehabilitation Liquidation. Unclaimed Property. Workers Compensation. Offices.

What is the purpose of the Florida Department of Revenue?

The Florida Department of Revenue: Administers three main programs: Child Support Program; General Tax Administration; and Property Tax Oversight. Works on behalf of more than 1.2 million children to establish and collect child support. Distributes more than $1.6 billion a year in child support payments to families.

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