January 26, 2018
Local city taxes are often overlooked. Be aware that effective January 1, 2018, the City of Benton Harbor has adopted a local city tax on all persons employed in the City.
As an employer you are required to withhold from employees if:
1) You have a location in the city, or
2) You are doing business in the city even though the employer has no location in the city.
The law defines several activities that are “not” considered doing business. These include some solicitation of orders, storage of personal property in a warehouse neither owned nor leased by the taxpayer.
Example: A construction firm from Ohio is doing work in the City of Benton Harbor. Even though it has no City of Benton Harbor business location, the firm is required to withhold.
Contact us if you need assistance with how to comply with the Benton Harbor city tax, or any other local tax issues you may have: 269.782.3957.
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized deductions that have been valuable to many individual taxpayers. Here are five deductions you may see shrink or disappear when you file your 2018 income tax return:
1. State and local tax deduction. For 2018 through 2025, your...
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
Public Act 369 of 2018, signed into law December 14, 2018, EFFECTIVE MARCH 29, 2019
An eligible employee...