Montana Dept. of Revenue: Business Owners Must Report Equipment by March 1

From Montana Department of Revenue

HELENA — It’s time for businesses to report the equipment they own to the Montana Department of Revenue.  Owners can report online using the department’s Trans Action Portal — TAP — at https://tap.dor.mt.gov .

The reporting deadline is March 1. The deadline must be met to avoid a 20 percent penalty. 

All businesses must report the equipment they owned as of Jan. 1  if the market value of their business equipment is more than $100,000 statewide. Owners must file the report even if there were no changes to their business eq...