The Trusted Adviser July 2009 | Volume 2 - Number 5

IN THE NEWS | Wisconsin Real Estate Transfer Return Filing Change

As of July 1, 2009, Wisconsin Real Estate Transfer Returns (RETR) must be filed electronically. This change is part of 2007 Act 219, signed by Governor Doyle on April 7, 2008. Since the legislation was enacted, the e-file rate for RETR's has climbed to 60%.

The Department of Revenue (DOR) states that electronically filed returns provide greater accuracy and more complete data than paper returns, plus they improve the speed at which they can be processed. DOR also states that housing the data in a secure electronic environment strengthens the protection of confidential taxpayer information.

The DOR is required to share the information on the returns with municipal assessors, county officials, and other state agencies. This new legislation gave the DOR the authority to provide the data to the public free of charge with the exception of personal information, such as social security numbers, in addition to requiring that all returns be filed electronically.

For more information, visit theWisconsin Department of Revenue.



THE TRUSTED ADVISER is published by Attorneys’ Title Guaranty Fund, Inc., P.O. Box 9136, Champaign, IL 61826-9136. Inquiries may be made directly to Mary Beth McCarthy, Corporate Communications Manager. ATG®, ATG® plus logo, are marks of Attorneys’ Title Guaranty Fund, Inc. and are registered in the U.S. Patent and Trademark Office. The contents of the The Trusted Adviser © Attorneys' Title Guaranty Fund, Inc.

[Last update: 7-13-09]