State Essential Service Tax
Name:
State Essential Service Tax
Date:
January 21, 2016
Time:
8:30 AM - 10:00 AM EST
Registration:
Register Now
Event Description:
State Essential Service Tax Education Session
In August, 2014 voters in the State of Michigan approved changes to personal property taxation. The small business taxpayer exemption has been implemented. This major tax reform will have a positive impact on small business and manufacturers.
Beginning with the 2016 assessments, the Eligible Manufacturing Personal Property exemption will be implemented. This education session, lead by experienced tax assessor, Lisa Hobart, will provide valuable information on the exemption, filing requirements, the Essential Services Assessment process and payment process to prepare your business.
Learn how this tax will be calculated and your filing responsibilities from Lisa Hobart, an accomplished tax assessor. At this education session, Hobart will provide an
This event is co-sponsored with Lakeshore Advantage.
In August, 2014 voters in the State of Michigan approved changes to personal property taxation. The small business taxpayer exemption has been implemented. This major tax reform will have a positive impact on small business and manufacturers.
Beginning with the 2016 assessments, the Eligible Manufacturing Personal Property exemption will be implemented. This education session, lead by experienced tax assessor, Lisa Hobart, will provide valuable information on the exemption, filing requirements, the Essential Services Assessment process and payment process to prepare your business.
Learn how this tax will be calculated and your filing responsibilities from Lisa Hobart, an accomplished tax assessor. At this education session, Hobart will provide an
- Overview of the statutory changes to personal property exemptions and assessment
- Discussion on the implementation of the Small Business Taxpayer Exemption
- Discussion of Eligible Manufacturing Personal Property -a. Definitions, b. Qualified Previously Existing Personal Property, c. Proposed Form 5278, d. Year-by-Year Implementation, e. Assessor Responsibilities, f. Property Owner Responsibilities and g. Denials and Appeal Rights
- Special Act Property
- Overview of the Essential Services Assessment (ESA)
- Questions/Discussion
This event is co-sponsored with Lakeshore Advantage.
