Property Tax News & Success Stories | Baden Tax Management, LLC

Kentucky Tax Exempt Supplies Consumed in Manufacturing

The Kentucky Supreme Court recently reversed the lower courts ruling that certain supplies consumed in manufacturing qualify for exemption from sales and use tax.

Michigan Updates Guidance on Sales and Use Taxation for Computer Software & Digital Goods

The Michigan Department of Treasury issued Revenue Administration Bulletin (RAB) 2023-10 to update guidance with respect to the taxation of computer software and digital goods. The RAB provides detailed guidance with respect to the taxability of prewritten computer software.

2023 Wisconsin Act 12 - Property Tax Info

The Wisconsin Department of Revenue (DOR) recently provided an overview of 2023 Wisconsin Act 12, which contains significant statewide changes beginning with assessments as of January 1, 2024.

2023 Texas Property Tax Relief: Who benefits?

With voter approval on November 7th 2023, Texas homeowners and business owners could see the changes on their 2023 taxes. Texas Senate Bill 2 proposes the following:

Michigan Amends Industrial Processing to Include Processing of Aggregate

Effective May 8, 2023, Michigan has expanded its Industrial Processing sales and use tax exemption to include property that processes aggregate.

South Carolina: 2022 Update to Partial Property Tax Exemption for Manufacturing Properties

In tax year 2022, South Carolina Department of Revenue updated its policy on partial tax exemptions for both real and personal manufacturing property.

2023 Indiana Business Tangible Personal Property Tax Filing Update

The Indiana General Assembly made a change to the small business personal property tax exemption.

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Michigan Industrial Personal Property Tax Phase-Out: Ten Years in the Making

The time to file the 2023 Michigan Personal Property Tax Returns is just around the corner. After ten years of phasing out the industrial personal property tax, the time has finally come when industrial taxpayer’s assessments are handled entirely by the State.

Ohio has Repealed Sales Tax On Employment & Employment Placement Services

One July 1, 2021, Governor DeWine signed legislation repealing the state’s sales tax on employment and employment placement services.

Indiana Repeals the Utility Receipts Tax & Utility Services Use Tax

Effective July, 1, 2022, the Indiana utility receipts tax and utility services use tax are repealed.

North Carolina Readopts Rules for Recycling and Resource Recovery Equipment

For manufacturing companies whose process includes the recycling of production scrap back into the manufacturing process, North Carolina has readopted the rules that impact the taxability of this equipment. Effective March 2021, the NC DENR readopted the rules that govern the tax treatment for recycling and resource recovery equipment and facilities, 15A NCAC 13B, specifically Sections 1501, 1502 and 1503. Some of the more significant changes to be aware of include the following:

Indiana Sales Tax – Software as a Service Ruled Not Taxable

The Indiana Department of Revenue recently issued a ruling that a company’s Software as a Service (SaaS) model which allows customers to access its prewritten software via the internet was not subject to Indiana sales and use tax.