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By Vande Castle, S.C., Jun 28 2016 08:05PM
Successfully obtaining a judgment against an individual or an organization that owes you money is only one step in the process of recovering what is legally owed to you. Obtaining a judgment does not automatically mean that you get paid. It only means that you now have a legal recourse to pursue collection of the amount determined to be owed under the judgment. Once a judgment has been awarded by it is then necessary to pursue collection.
By guest, Apr 23 2015 08:24PM
2015 Wisconsin Act 126 amended and modified Sec. 77.54 of the Wisconsin Statutes to create a new exemption from the State sales tax. New Section 77.54(9m), Stats., now exempts the price of materials sold to a construction contractor who is purchasing those materials for use in the construction of a structure owned by a municipality or other governmental body from the state sales tax. This new state statute also applies the state sales tax exemption to any non-profit corporation, community chest fund, foundation or association organized and operated exclusively for religious, charitable, scientific or educational purposes, or for the prevention of cruelty to children or animals.
This legislative change will have a significant impact on contractors who work with governmental organizations or non-profit organizations. This legislation took effect on January 1, 2016. If you have any questions regarding the application or operation of this new legislation please contact Attorney William Vande Castle.
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