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Form 8300 online Glendale Arizona: What You Should Know
You and your customer will receive a “Certificate of Financial Responsibility” showing what your customer should have on file: A description of the transaction The date and amount of payment You won't need to complete a background check for this transaction. Just like other transactions, you will have to report the amount of the payment and date to the Arizona Secretary of State. Your information is kept by the customer's dealer and used by the county to provide a record to the state. We encourage you to keep the Certificate of Financial Responsibility. It allows you to review the information in the State of Arizona to determine if there was any wrongdoing. The records kept by the dealership will show your customer's: Date of birth Taxpayer identification number Customer account number The State of Arizona keeps track of all money owed in transactions like this. By collecting and reporting the payment, you are making sure that there's no problem with a dealer's background. What to Do With Your Certificate of Financial Responsibility Complete this document with a copy to your local County Assessor's office.
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