How to get your FLORIDA RESALE TAX CERTIFICATE (Step-by-Step - 2020 Update) PART 1

Direct Link to Florida Resale Certificate Application:
taxapps.floridarevenue.com/taxregistration

PART 2 Video: youtu.be/rf1eHKlgJLk

Our tax associate Elizabeth Ribao shows you how to get a resale certificate in the state of Florida.

You are required to register for a Sales and Use Tax Certificate (State Resale Certificate) if you plan to purchase or rent items, property, or services tax-free.

Accepted purchases and rentals exempt from Sales and Use Tax:
- Any purchase you make that will be resold or rented.
- Items that will be incorporated into a product you will sell (example: materials that will be used to make jewelry).
- In Florida, wholesale companies require a Sales and Use Tax Certificate. Nearly all reputable wholesale companies will require your Sales and Use Tax Certificate prior to selling to you at discounted prices.
- Third-Party Services.
- Rentals.

0:30 What is a resale certificate?
1:28 how to get your resale certificate?
2:42 floridarevenue.com
3:20 Discretionary Sales Surtax aka County Tax?
5:50 Due dates for every quarter
6:50 Questions and support
7:40 Step by step fill out

Do you want to skip the line and get the answers to your questions right away? Do you want to learn exactly how you can have a Tax Free US Company and bank account without traveling to the US? Get your questions answered right away on a call with James. Schedule with the link below to receive clarity on your tax situation and stop spinning wheels.
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Check out James’ top recommended videos here - these are cornerstone videos that should answer many of your questions.
--Longer videos that explain it all!
How to Legally Pay NO US Taxes - youtube.com/watch?v=XbwVGJdeXzo
How to Legally Pay NO US Taxes (part 2) - youtube.com/watch?v=Z3hrWCyC6Xo
--Guides and How tos
Annual reporting for a foreign owned multi member LLC (Masterguide) - youtube.com/watch?v=j2lAgZ3nrgQ
What is Form W-BEN and why do I need it youtube.com/watch?v=KiuDb-IqfLM
Which payments from US Companies are subject to withholding? youtube.com/watch?v=aVV80um2EJU&t=6s
How to complete Form W-8BEN - youtube.com/watch?v=JXaD-w42CAM
How to complete Form W-8BEN-E - youtube.com/watch?v=_6Lqr4srKto&t=0s
How to get an ITIN - youtube.com/watch?v=skmtfumWq3g


Do you want to learn how to open and operate a Tax Free Company in the USA even if you live outside the US and don’t have a visa
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Already have an LLC? Did you already complete form 5472 for your company? Did you know there is a $25K penalty for not doing this form? I’ve made a short training that explains exactly what you need to do and why so you can get this done quickly and correctly, the first time around
Click here - jamesbakercpa.com/offers/fTokTPsb/checkout

Looking for help with your SALES TAXES? Check out a couple of our videos on the topic -
What are sales taxes? youtube.com/watch?v=-IPTFf225-8
What is a resale Certificate and Why do you Need it - youtube.com/watch?v=LWoFc4dkcAk
How to get a Florida Resale Certificate, Part 2 - youtube.com/watch?v=rf1eHKlgJLk
How to file a DR-15 Florida Sales and Use Tax with 0 Sales - youtube.com/watch?v=D1j49ssw1Jc

Here you find a link so you can create your Mercury account mercury.com/partner/jamesbakercpa

I get asked what company I recommend to help with sales taxes and every time I mention Tax Jar. Once set up, tax jar can complete all of your monthly sales tax filings automatically
taxjar.grsm.io/jamesbaker7628

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Lawyer Disclaimer (Occupational Hazard): This is not legal advice. Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney for advice regarding any particular issue or problem

#resaletaxcertificate #tax #salestaxes #florida #business