More e-filing; more taxes; no relief in sight
May 12, 2008 by Shane BorerPosted in: Electronic payments, In this week's e-newsletter, Latest news & views, Sales and use tax, Tax compliance
If your company wasn’t one of those mandated by Wisconsin Dept. of Revenue to convert to e-filing, don’t relax yet: The state has big plans for everyone else.
Although Wisconsin’s largest sales and use tax accounts — all of which have annual gross receipts over $214,000 — were recently forced to switch from paper returns to e-filling, the heat’s still on for businesses state-wide.
The step is part of a larger plan to enforce e-filing and e-payment mandates for all business tax types beginning later this year. As the plan continues to grow, DOR will mandate more business taxpayers to move away from paper returns.
Also, the department’s working on new rules that could require your company to remit more money in current taxes, as well as a laundry list of new ones, including additional taxes for employees who stay in “premier resort areas” and higher fees on rental vehicles.
For more information on the department’s plans for e-filing mandates and additional taxes, you can read the Wisconsin Tax Bulletin #156 here.
Tags: E-filing, E-payments, Taxes, Wisconsin