Small businesses with sales tax requirements should calendar the Sales & Use Taxes Deadline March 19th 2021.
If you electronically file and/or pay sales tax with the Florida Department of Revenue, you must complete the initiation of your February, 2021 reporting period payment on or before 5:00PM, Eastern Time, on Friday, March 19, 2021, to ensure you pay on time.
Late returns and payments may be subject to a late penalty of 10 percent of the amount of tax owed, but not less than $50.00, maybe charge. The $50.00 minimum penalty applies to all returns filing late, even if no tax was due. In addition, interest may also be charged on late payments.
Professional Accounting Solutions makes filing your small business sales tax returns fast and easy. We help you automate the process, saving hours with sales tax reports, where you have nexus. Contact our office today for immediate assistance.
by PasFirm