Florida Department of Revenue Stipulation Agreement

May 28, 2023

The Florida Department of Revenue stipulation agreement is a legal document that outlines the terms and conditions agreed upon by the taxpayer and the Florida Department of Revenue (DOR) to resolve a tax dispute. This agreement can be reached through a negotiation process between the taxpayer and the DOR or by order of a court.

The stipulation agreement typically includes a description of the tax dispute, the amount of taxes owed, the payment schedule, and any penalties or interest associated with the delinquent taxes. It also outlines the conditions under which the agreement can be terminated, modified, or extended.

To enter into a stipulation agreement, the taxpayer must first contact the DOR and provide detailed information about the tax dispute. The DOR will then review the information and determine whether the taxpayer qualifies for a stipulation agreement.

One of the benefits of a stipulation agreement is that it allows the taxpayer to avoid court proceedings, which can be costly and time-consuming. By agreeing to the terms of the stipulation, the taxpayer can often resolve the dispute in a more efficient and cost-effective manner.

Another benefit of a stipulation agreement is that it can help the taxpayer avoid additional penalties and interest associated with delinquent taxes. By agreeing to a payment plan, the taxpayer can often avoid further financial penalties and ensure that the tax dispute is resolved in a timely manner.

Overall, the Florida Department of Revenue stipulation agreement can be a valuable tool for taxpayers who are facing tax disputes with the state. By negotiating a settlement with the DOR, taxpayers can resolve their disputes in a timely and cost-effective manner, while also minimizing their financial liability. If you are facing a tax dispute with the state, it is important to contact a qualified tax attorney or accountant to explore your options and determine whether a stipulation agreement is right for you.