Your manufacturing company may be eligible a Sales & Use Tax Exemption.

Sales tax is paid on most goods and services and use tax is collected on the consumption, use, or storage of goods when sales tax is not paid. There are a few exceptions, purchased or leased machinery, equipment, replacement parts that are used for manufacturing or fabrication and that have a useful life over six months are exempt from sales and use tax. Manufacturers that fall within this category have an opportunity to claim exemptions not only in the current year but in prior years as well. If this is something you’d like to learn more about, book an appointment with us below.