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Florida Owed More Than A $100 Million In Unpaid Taxes, Fines

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Money (Source: MyTV33)

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cheap eats 300x225aa Florida Owed More Than A $100 Million In Unpaid Taxes, Fines

TALLAHASSEE (CBSMiami/AP) – State officials have given up trying to collect more than a million dollars in taxes, fees and fines that are owed.

Data released this past month by a state agency shows that the state forgave $124.2 million in the fiscal year that ended June 30.

Last year the state forgave $110.5 million.

A large portion written off by state officials was unpaid taxes, including sales taxes, corporate income taxes and unemployment taxes.

This year the state also closed the books on trying to collect back nearly $30.7 million that was overpaid to people receiving unemployment compensation checks. Some of these overpayments were made when the state’s jobless rate was sharply rising.

(TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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