MI Guidance on SUT Treatment of Food Containers
Due to the COVID-19 pandemic, the restaurant industry has experienced a greater reliance on take-out orders and food delivery services. Therefore, the Michigan Department of Treasury has issued additional guidance with respect to the sales and use tax treatment of food containers purchased for take-out orders and food delivery services.
Read MorePenalties for Late Property Taxes, Waived for 60 Day
Governor Eric J. Holcomb took additional unprecedented actions to protect and support Hoosiers during the COVID-19 outbreak by signing executive orders that extend the closure of schools, provide economic relief and protections for individuals and businesses, and expand unemployment insurance benefits for those impacted by job loss.
Read MoreVerdict Reached in Minnesota Supreme Court Case
The Minnesota Supreme Court ruled against a big-box retailer, finding that the Tax Court properly valued the subject property. The Tax Court placed greater weight on the cost approach (75%) than the sales comparison approach.
Read MoreReady Set GO! Part 2
That now that 2020 is off to a great start, it's time to get busy getting all the necessary information for the 2020 property tax compliance season.
Read MoreTEXAS: Rendition Deadline is a Moving Target for 2020
Change to the rendition filing deadline in Texas is also impacting the initial 30-day extended filing deadline. This impact could cost business owners thousands in property taxes if not done correctly.
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