Attention simple companies: regularize your debts to avoid future problems
The Federal Revenue Service is issuing an important warning to companies included in the Simples Nacional tax system. If you are a member of this tax regime, it is essential to be aware of the new guidelines and deadlines in order to avoid tax problems next year. In this article, we'll look at the measures Simples companies need to take to settle their debts and continue to benefit from this tax regime.
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Federal Revenue warns companies about the simple tax system
This week, the Federal Revenue Service issued a crucial notice for companies opting for Simples Nacional. The notice stresses that it is essential to settle any outstanding debts within 30 days of reading the notice.
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Two options to avoid expulsion
Companies that are in debt with the IRS have two options to avoid expulsion from Simples Nacional from next year:
1. Cash payment:
The first option is to pay off the debt in full. This means paying off the entire debt in one go, which can be a financial challenge for many companies. However, this is an alternative that guarantees the company will remain in Simples Nacional without any reduction in the amount of the fine or interest.
2. Ordinary installment payment program:
The second option is to join an ordinary installment program offered by the Federal Revenue Service. This program allows the debt to be paid in up to 60 installments, which may be more viable for the company's financial management. It is important to note that by choosing this option, there will be no reduction in the amount of the fine or interest, but the company will have the opportunity to regularize its tax situation.
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ADE: executive declaratory act
Notices about the need to regularize will be sent by ADE - Ato Declaratório Executivo (Executive Declaratory Act). It is important to monitor your business communication to ensure that the notice is received and dealt with within the 30-day deadline.
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Conclusion
The Federal Revenue Service is stepping up its inspection and collection of debts from Simples Nacional companies. It is therefore essential that companies in this tax regime act promptly to avoid tax problems next year. If you have received the notice from the IRS, consider the options of paying in cash or joining the ordinary installment program to ensure that your company continues to benefit from Simples Nacional. Remember that complying with tax obligations is essential for the financial health of your business and to avoid future penalties.
And if you want to rely on experienced accounting advice, capable of providing the best strategies for your company to improve its financial performance, get to know CLM Controller's solutions now.
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