New Company, Facility Fee LLC, Helps Utah Businesses Utilize Tax Provision that Saves Businesses Big Bucks

SALT LAKE CITY - March 22, 2024 - PRLog -- Daniel Darger and Kraig Raines, residents of Salt Lake City, Utah founded Facility Fee LLC in early 2024 to help Utah businesses implement a tax provision that exempts sales tax on the facility expense if the business can separate the revenue received for the product from what it pays for the facility from which the product is sold.

Locally owned and operated businesses are the foundation of every community and should utilize every tax advantage possible and the facility tax provision could save Utah retail businesses thousands of dollars every month. These businesses including restaurants, reception centers, retail, salons, and recreation facilities are the most vulnerable with acute exposure to market shifts, pandemics, weather, and costs of goods and labor.

Darger says, "Since I helped my restaurant-operating friends adopt the Facility Fee, they report reducing their sales tax obligations by thousands of dollars a month," and continues, "It seems to me that business operators that rent a facility for use in operating that business owe it to investors and themselves to take advantage of every legal tax exemption available and the Facility Fee is one of them."

Raines says, "We see that the Facility Fee tax law applies to most retail businesses, so we founded Facility Fee LLC to guide Utah businesses through the process. Businesses who implement this provision will save thousands of dollars that otherwise would be paid in taxes," concludes Raines.

Learn more at: facility-Fee.com