The Ohio Housing Council (the "Council") recently issued the following alert: "Sales tax must be listed separately on invoices or the buyer may be charged by the State of Ohio for the tax." According to the Council, the State of Ohio has been assessing sales tax and penalties to contractors and property management companies for tax services they purchased when the invoice did not break out sales tax as a separate line item. Thus, per the Council, invoices for taxable services, such as landscaping or painting, must contain a separate sales tax line item instead of the simple phrase "sales tax included." The Council advises contractors and property managers to review all invoices to make certain that property tax is listed separately.Continue Reading Ohio Housing Council Issues Alert That Sales Tax Must Be Listed Separately on Invoices for Taxable Services
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Insurance Coverage Update
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Sales Tax Alert
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Take Control !
We have made a concerted effort in this Blog to keep on message for the Real Estate, Retail, Finance and Construction industries. However, periodically we see the need to go off topic. Lately the flow of unwanted email has become so outrageous that I and several of my partners are actively UN SUBSCRIBING from these
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Toys R Us is leasing a large number of sites on a temporary basis: smaller stores and only for the Christmas season. Temporary leasing might be a trend to capitalize on, especially where you have vacant space in a decent geographic market. And if you can combine it with a different, complimentary seasonal concept (ice cream
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