Tag Archive for Form 5076

Michigan, Taxes

Do The Dance

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It's that time again. Beg your king for tax forgiveness.

Perhaps someday, we won’t have to ask permission to opt out of buying our business equipment over and over.

For the time being however, if the business related property you own is less than $80,000 in true cash value, you must.  IF you don’t feel like paying property tax on it.  Our benevolent overlords have made it possible with Michigan Department of Treasury form 5076; that ‘golden ticket’ for small business which relieves them of the perpetual financial burden of fixture ownership.

Of course it is hardly an everlasting gobstopper of taxation relief. the 5076 form must be filed annually, and specifically with your local township, city or village taxing unit.

You have until February 10 to turn this sucker in.

You’re welcome

You Betcha! (11)Nuh Uh.(0)

Conservative News, Michigan, Taxes

2016 Annual Personal Property Tax Exemption Reminder

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5076-2016Folks its that time again.

Our annual duty to make sure you pay not ONE MORE DIME to a bloated government than necessary.

Recall that 14-1 didn’t do away with the PPT entirely.

Michigan business with $80,000 or less in fixtures, desks, computers etc., are STILL required EVERY YEAR to fill out the form to get their exemption. You must fill out the MI Treasury Form 5076 with your local assessing offices by Wednesday, Feb. 10, 2015. You can use the link to the affidavit form (once again) here.

Fill it out and for best results deliver by hand to your assessing office ASAP.  You have until February 10, 2016 to turn this in.  Do not get this confused with the February 20th due date on PPT reporting of over $80K.

Never, EVER, give em no more than is absolutely necessary.

 

You Betcha! (15)Nuh Uh.(4)

Michigan, Taxes

Michigan Business Owners! The Clock Is Ticking.

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Yes, you still have to fill out the form every single year.

PPT-2015Recall that 14-1 didn’t do away with the PPT entirely.

Michigan business with $80,000 or less in fixtures, desks, computers etc., are STILL required to fill out the form to get their exemption. You must fill out the MI Treasury Form 5076 with your local assessing offices by Tuesday, Feb. 10, 2015. You can use the link to the affidavit form here.

Fill it out and for best results deliver by hand to your assessing office ASAP.

And remember, give em no more than is absolutely necessary.

 

You Betcha! (8)Nuh Uh.(0)