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Sales and Use Tax for Contractors in Michigan

Learn detailed information on sales and use tax rules and regulations in Michigan.

Many contractors who affix tangible personal property to real property struggle with Michigan's application of the definition of realty and often find themselves owing additional tax after a Michigan sales and use tax audit. Michigan contractors are often surprised when tax is imposed by an auditor on items they thought to retain their tangible personal property characteristic and on self-constructed property. This topic helps contractors in Michigan understand how Michigan's sales and use tax should be applied to their business. The material will walk you through Michigan Revenue Administrative Bulletins 2016-18 and 2016-24 to understand when tax is due. Failing to have a proper understanding of Michigan sales and use tax laws on a contractor could cost a taxpayer substantial amounts. This information is critical for contractors who are both manufacturers and retailers of tangible personal property.

Runtime: 101 minutes
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Introduction to Michigan's Sales and Use Tax on Contractors in Michigan

  • What Is Affixation to Realty?
  • What Sales or Use Tax Liability Does a Contractor Incur When Engaged in the Business of Constructing, Altering, Repairing or Improving Real Estate for Others?
  • Suppliers
  • Independent Contractors

Exempt Sales to Contractors

  • What Exemptions Are Available?
  • What Is Core Charge Credit and Refund?

Contractors Who Are Manufacturers and/or Retailers

  • What Is the Definition of a Manufacturer and Retailer?
  • Industrial Processing Exemption for Manufacturers
  • Self-Constructed Assets Pulled From Inventory
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Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Online Manual

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

OnDemand Webinar

This course was last revised on November 7, 2017.

Call 1-866-352-9540 for further credit information.

  • MI CPE
     
  • This Ondemand program is applicable for CPE credit. *The Michigan State Board of Accountancy has final authority on the acceptance of individual courses and providers.
     

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Emily Irish

Emily Irish

BDO USA LLP

  • Director of State and Local Tax at BDO USA LLP
  • Practice emphasizes all aspects of multistate income, franchise, gross receipts and sales and use taxes
  • Conducts regular seminars and workshops on numerous state and local tax topics
  • M.S.A in accounting and B.A. in accounting from the University of Florida, Fischer School of Accounting
  • Member of the AICPA and Michigan Association of CPAs
  • Recipient of the Thomas M. Hoatlin Award which recognizes MICPA members who significantly contribute to the lasting and mutually beneficial relationship between the MICPA and the Michigan Department of Treasury
  • Can be contacted at [email protected] or (616) 802-3424
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Product ID: 399062
Published 2011, 2017
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