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Month: April 2023
Notice: Change in Taxability of Delivery and Installation Charges
The General Sales Tax Act, MCL 205.51 et seq., and the Use Tax Act, MCL 205.91 et seq., were recently amended by the passage of Public Acts 20 and 21 of 2023 (the “Acts”).
Michigan Retailers Predict Strong Start to Summer Sales
67 percent of Michigan retailers anticipate strong next quarter
Michigan Retailers Association today reports that while March 2023 sales dropped slightly over February, the outlook for summer sales is strong according to results of the latest Michigan Retail Index survey.
Best practices to avoid chargebacks and minimize losses
What is a chargeback?
A chargeback, also referred to as a payment dispute, occurs when a cardholder questions a transaction and asks their card-issuing bank to reverse the transaction.
Best practices to avoid chargebacks and minimize losses:
- Do not complete a sale if the authorization request was declined.