Previous laws stated that a taxpayer must meet certain requirements for the Director of Revenue to take on the burden of proof in tax disputes.
On September 10th the Missouri Legislature passed an act that removes all requirements, therefore putting the burden of proof on the Director of Revenue for all tax disputes and exception cases. This is an act that any taxpayer can benefit from, no matter what type of entity they are or what their net worth is, as it will help taxpayers and their CPAs in disputes with the Missouri Department of Revenue.
The annual Veto Session by the House and Senate convened on September 10th. During this session, the Legislature passed a bill to benefit farmer’s market sellers. This bill states that a person or entity with farm product sales under $25,000 is exempt from sales and use tax on all farm products sold at farmers’ markets.
The Missouri Legislature passed a law on September 10th which overrides the Federal mandate on birth control. This new law means that individuals, employers, and insurers can cite religious or moral exemptions from mandatory insurance coverage for abortion, contraception, and sterilization. This law also requires insurers to provide policies without these coverages for any individuals or employers that request it and gives grounds to file a lawsuit against insurers if they refuse to provide such policies. Although oppositions are occurring throughout the state, most provisions of the law have already taken effect.
If you would like to learn how this bill could affect you, please call our office at 314-993-4285.