A new law requires sales and use tax dealers to file tax returns and pay tax electronically in order to receive a collection allowance. You will not be entitled to a collection allowance if you file a paper tax return or pay tax by cash, check, or money order. Also, if you file and pay tax electronically but are late, you cannot deduct a collection allowance from the amount due with the return.

For sales and use tax returns and payments due on or after July 1, 2012, dealers may deduct a collection allowance only when they:

  • File sales and use tax returns electronically;
  • Pay tax electronically; and
  • Electronically file and pay tax (“e-file and e-pay”) timely.

This change in law will affect returns and payments due beginning in July 2012 for:

  • Monthly filers’ June 2012 tax returns and payments;
  • Quarterly filers’ April-June 2012 tax returns and payments; and
  • Semi-annual filers’ January-June 2012 tax returns and payments.

In June, replacement coupon books will be mailed to all dealers who use coupon books for filing quarterly and monthly tax returns. If you choose not to switch to e-filing and e-paying tax in July, make sure to use the DR-15 or DR-15EZ payment coupons included in your replacement coupon book.

To file and pay sales and use tax electronically, visit: http://www.myflorida.com/dor

If you have any questions regarding this information, please contact our office at (239) 433-5554.  Our team of professionals welcomes the opportunity to discuss your specific situation further. You may also visit us on the web at www.markham-norton.com.