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.
Instilling a thankful frame of mind among your staff makes for a gratifying work place. Consider a few suggestions for developing an atmosphere of thankfulness to get into the spirit of the holiday season.
Black Friday and Cyber Monday need no introduction, but for small business owners it’s all about Small Business Saturday—an annual holiday shopping tradition that gets communities out in support of their local small businesses. Small Business Saturday falls on November 24 this year, so if you haven’t already…start getting the word out.
The Protecting Americans from Tax Hikes (PATH) Act of 2015 requires Forms 1099-MISC reporting non-employee compensation (NEC) in box 7 to be filed by January 31.