Thursday, May 14, 2009

Wisconsin: Combined Reporting Guidance

Wisconsin has devoted several pages on their website to provide guidance regarding "combined reporting" that became effective for taxable years beginning on or after January 1, 2009.

Click on the following link to access Wisconsin's site:

http://www.revenue.wi.gov/combrept/index.html

After you click on the link, you will notice Wisconsin has created a "frequently asked questions" section. The FAQs are divided into the following categories:
  1. Who Must Use Combined Reporting
  2. Income Includable in Combined Reporting
  3. Apportionment
  4. Business Losses
  5. Credits
  6. Forms, Payments, and Administrative Issues
  7. Other Issues Affecting Combined Filers

If you have any questions regarding Wisconsin combined reporting, please contact me at leveragesalt@earthlink.net.