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 5076 Form 2024-2025

5076 2024-2025 Form

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good morning I wanted to clarify something on that small business taxpayer exemption form 5076 although the threshold has increased to 180 000 for 2023. you still need to be careful about multiple locations in the same city so what I mean by that is for example I have two Dollar Generals in one of the communities I serve and that is an umbrella company so however many locations you have in that specific Community boundary you have to add up the value of your personal property for all of them okay and that is the number that has to be below the 180 threshold it's not individual locations individual addresses it's the company as a whole so you may not qualify if you have multiple locations inbox me if you need a little help with that

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