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Newsletter | Summer 2020Busy Time for Revenue Case Law By Michael G. Colantuono We have a spate of important new cases regarding governments revenue authority. San Francisco v. All Persons holds that
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Busy time for revenue is the period during which a business experiences high levels of sales or transactions.
Business owners and individuals who earn income from sales or transactions are required to file busy time for revenue.
Busy time for revenue can be filled out by recording the dates and times when high levels of sales or transactions occur.
The purpose of busy time for revenue is to monitor and analyze periods of high revenue generation in order to make informed business decisions.
Information such as dates, times, sales amounts, and transaction types must be reported on busy time for revenue.
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