Identity Crisis: Contractor, Fabricator, or Manufacturer?
Contractors are often confused with their own identity when it comes to sales tax. Let me make it easy for you, you do not have to pick just one! You can do a variety of activities and qualify for various sales tax exemptions while identifying primarily as a...
Building Materials Exemption (Section 77.54(9m), Wis. Stats.)
The building materials exemption applies to the contractor’s purchase of materials consumed in realproperty construction activities and the following requirements are met: The construction must be for a qualifying exempt entity; The property must become part...
Sales Tax Audit Protection Plan
Are you prepared to pay $5,000 or more to suffer through a sales tax audit?LIMITED TIME OFFER: Sign up for the Sales Tax Audit Protection Plan by July 4th, 2021, to receive a complimentary sales & use tax compliance assessment (valued at $1,000). In Wisconsin, a...
Contractor Sales Tax Group Plan: The Ideal Learning Environment for Tax Compliance
Do you currently attend annual contractor sales and use tax law training? Do you walk away feeling overwhelmed and unsure how to apply what you learned to your specific tax issues? The Sales & Income Tax Advisory Network, LLC has rolled out a new approach to...
U.S. and Wisconsin State Flag are Exempt from Wisconsin Sales & Use Tax
The U.S. and Wisconsin State Flag are exempt from Wisconsin sales and use tax. Learn more here as Holly Hoffman with Sales and Income Tax explains. Read more on the Sales & Income Tax Advisory Network website here.
Basics of Exemption Certificates
Get a better understanding of the basics of exemption certificates with Holly Hoffman.
Internet Access Not Taxable as of July 1, 2020
Sales of Internet access services are no longer subject to Wisconsin sales and use tax effective July 1, 2020. This means that you should not be charged Wisconsin sales tax on internet access services, so check your statements/invoices for July services to make sure they are accurate.
Video Gambling Machines: WI Department of Revenue’s Article, Wisconsin Tax Bulletin #209
The department’s auditors and Alcohol and Tobacco Enforcement agents (A&T) are working together to ensure compliance with Wisconsin laws as they apply to video gambling machines. Auditors routinely verify whether the correct amounts of Wisconsin income, franchise, sales and use taxes are reported and remitted on income and sales price from the operation of such machines.
Sales and Donations of Personal Protective Equipment (PPE): WI Department of Revenue’s Article, Wisconsin Tax Bulletin #209
Due to the outbreak of COVID-19 throughout the country, manufacturing companies are reprioritizing to focus on manufacturing personal protective equipment (PPE) or donating or selling their inventory to assist in overcoming the shortages facing healthcare workers. The tax treatment for selling or donating these items is outlined here.
Wisconsin Campground Provider Sales Tax FAQ’s
Campground organizations and providers in Wisconsin are subject to sales tax. Check our FAQs and reach out for more info.
Reverse Audit – Get a Refund of Overpaid Tax
The reverse sales and use tax audit is similar in many respects to the sales and use tax audits conducted by state auditors except over-payment of taxes are researched on a reverse audit. During our review, we will look for weaknesses in the system that may allow for the over-payment of tax. A reverse audit looks back at the past four years.
New Contractor Exemption for Property Temporarily Stored in Wisconsin
Contractors who provide real property construction activities outside of Wisconsin may be able to temporarily store those materials in Wisconsin without having to remit Wisconsin use tax! Be aware of the criteria for your materials temporarily stored in Wisconsin to qualify.