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Michigan is a strange state
March 13, 2010
At least it is based on this information from a taxpayer, as passed on by a colleague:
As an FYI... we have a client who filed their MI Business Tax return this summer and still has not received their refund.They called the MI department of Treasury and this is the answer they were given:
They claimed a non-refundable Credit on line 35 of the return. Returns with certain non-refundable credits have been flagged for review. However, they do not have procedures in place at this time to review the returns so they are waiting to see what to do with them.
No I did not make that up, that is the actual answer they were given. Their money is sitting in limbo while the MI department of revenue decides what procedures to put in place to review the non-refundable credits.
So, if you have anyone who has filed a MI Business Tax return and has not received their refund this may be the issue.
We also claimed an overpayment applied on the return and are unsure how that will be handled on their 2009 return.
Any of you Wolverines out there: are you running into this?
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Comments
Hi Joe. Yes Unfortunately the Department of Treasury is still putting the plumbing together on the Michigan Business Tax. It is my understanding the Dept has completed its first audit of the MBT. It took several weeks to go through apportionment and gross receipts even though the company did not apportion and used the alternative small business method which excludes gross receipts portion of the tax. The reason was the Dept was creating the review and audit plan and that takes some time. If you have any MBT questions, please call. 248-327-6430 Sam
Posted by: Sam Hodges CPA | March 13, 2010 9:21 PM
Sam, thanks. Most places process returns first and audit later, but Michigan apparently is taking another path.
Posted by: Joe Kristan | March 14, 2010 10:16 AM