Michigan's business taxpayers now have an easier option for filling their Sales, Use and Withholding (SUW) Annual Tax Return, according to the Michigan Department of Treasury (Treasury).
Beginning this month, business taxpayers with less than $10 million in gross receipts and no allowable deductions or exemptions can file the new SUW Tax EZ Annual Return (Form 5081 EZ). This form is available exclusively through Michigan Treasury Online and requires less taxpayer information compared to the standard SUW Annual Return.
"Make life easy with the SUW EZ," said Deputy State Treasurer Glenn White, who oversees Treasury's Tax Administration programs. "Michigan Treasury Online makes filing returns and paying your business taxes easy. If you meet the criteria, please take advantage of this paperless option."
To use the new SUW EZ Form, go to www.michigan.gov/mtobusiness and create a Michigan Treasury Online account. No personally identifiable or sensitive information will be required.
Business taxpayers will need their Treasury business account number and sales, rental and payroll records for the tax year to use the new SUW Tax EZ Return.
All business taxpayers are required to submit their SUW Tax Annual Returns by Feb. 28.
For additional information about Michigan's business taxes, go to www.michigan.gov/taxes or follow the state Treasury Department on Twitter at @MITreasury.
Published: Wed, Jan 29, 2020