We did buy some stuff but sold it before the end of the year. If the company continues in business through next March, a return must be filed. Early in our state's history, farmers and utilities lobbied for this date. Farmers favored this datebecause most crops are sold by then and no inventory is available to be taxed. Utilities prefer this date for similar reasons.
Utilities stockpile large quantities of coal to supply energy needs through the winter.
These supplies are greatly reduced by March 1. Legislation was proposed in 1997 to move this date back to January 1. These historically powerful forces again showed their strength,and the change was defeated. Check with the County Auditor's office. Also, inform the Mayor, the city council, the county council, and the school board.