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Sales and Use Tax for Manufacturers

Immediate online access to this 80 page manual.
Copyright 2013
Online Reference Manual$79.00Add to Cart Add to Cart


Get crucial tax strategies you need to lessen sales and use tax liabilities for Michigan manufacturers.

Manufacturers may qualify for numerous exemptions and exclusions from sales and use tax, which may greatly reduce overall costs. Increased interest in sales and use tax collections make it more important than ever for Michigan manufacturers to ensure compliance in order to avoid substantial liabilities. Failure to meet all of the documentation requirements may result in the assessment of tax, penalties and interest.

These reference materials will contain an in-depth review of sales and use taxes as they apply to manufacturers doing business in Michigan, along with many of the common opportunities and pitfalls that frequently surprise businesses operating in the manufacturing industry. Order today to sharpen your skills and learn ways to operate within the rules to reduce sales and use tax liabilities.

Benefits:
•Discover how to maintain documentation to facilitate audit preparedness
•Determine what is taxable and what is not, and review the process for claiming exemptions
•Understand where exemption of production process begins and ends
•Learn when nexus rules apply to manufacturers

Learning Objectives
•You will be able to discuss nexus rules and application.
•You will be able to explain leases and the option under Rule 82.
•You will be able to describe industrial processing exemption.
•You will be able to review audit and appeal issues.

Authors

Samuel L. Hodges, CPA, Sam Hodges & Associates LLC
Robert F. Rhoades, Dickinson Wright PLLC