What would happen if the Department of Treasury showed up tomorrow to audit your business?
During this Webinar, we’ll cover:
- What we’ve learned from the Ludema’s audit.
- How Treasury is currently approaching greenhouse operations.
- What documentation and record keeping practices you should have in place.
- Practical steps to protect your business before an audit ever begins.
- Questions & Answers
MGGC Treasury Audit Webinar Slide Deck
Over the past year, we’ve seen firsthand how aggressive and expansive Michigan’s current audit environment has become. Through the Ludema’s Floral & Garden case, we’ve gained critical insight into how auditors are interpreting the agricultural sales and use tax exemption and what that means for greenhouse operations across the state.
This is not hypothetical. The audit activity has been real and every grower needs to understand the landscape. The interpretations of the law from the Michigan Department of Treasury are alarming and have significant potential to change how you are taxed.
Whether you’re an MGGC member or not, this conversation is essential for anyone operating a greenhouse in Michigan.
