Page 2 - Upper Peninsula Business Today -- June 2020
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 PAGE 2 UPPER PENINSULA BUSINESS TODAY JUNE 2020
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BUSINESS PERSON
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  OF THE YEAR
 Treasury: Business Taxpayers
Can Make Sales, Use And Withholding
Tax Payments In June Playment Plan Information Coming Soon
LANSING — In support of businesses navigating their way through the COVID-19 pandem- ic, the Michigan Department of Treasury today issued a notice that provides business taxpayers additional time to pay their Sales, Use and Withholding (SUW) taxes.
Business taxpayers who were scheduled to make SUW tax payments due in March, April and May – including quarterly filers – can postpone filing requirements until June 20, 2020. The state Treasury Department will waive penalties and interest on those deferred payments.
“We have carefully listened to the concerns of our business partners,” State Treasurer Rachael Eubanks said. “Moving the sales, use and withholding tax deadline until June and providing other repayment options will help taxpayers navigate their way through this crisis.”
The state Treasury Department will provide more information in the future for business tax- payers who desire additional repayment options.
Business taxpayers are encouraged to file SUW tax returns and pay taxes owed as of the orig- inal due date if able to do so. Discounts will still be applied if payments are received on time.
The waiver is not available for accelerated sales, use or withholding tax filers. Businesses with questions should inquire through self-service options using Michigan Treasury Online or go to www.michigan.gov/askSUW.
To learn more about Michigan’s taxes, go to www.michigan.gov/taxes or follow the state Treasury Department on Twitter at @MITreasury.
Information around this outbreak is changing rapidly. The latest information is available at Michigan.gov/Coronavirus and CDC.gov/Coronavirus.
  U.P. BUSINESS TODAY
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Phone: 906-786-2021 ext. 156 | Fax: 906-786-3752
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Upper Peninsula Business Today, is published monthly by the
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June 2020 • Vol. 28 • Number 5






























































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