Florida Focuses on Use Tax

It seems like there has been a few news stories recently about Use Tax – and how many (most?) consumers have no idea that it exists.  This video on MyFox Orlando clearly illustrates the point.  The segment points out the millions in revenue to the State of Florida that is lost due to under-reported Use Tax.  Florida has a voluntary reporting program that allows consumers to catch up on Use Tax payments without penalty.  Expect to see more stories like this, as 46 states had budget shortfalls in 2010.

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