by Liz Gullett | Jul 12, 2024 | Liz Gullett
June 2024 major taxes and net lottery revenue totaled $3.0 billion, which was $100.5 million more than previous projections. This is attributable to greater-than-expected payments from the Michigan Business Tax, and the Flow-Through Entity Tax, among other higher...
by Liz Gullett | Jun 14, 2024 | Liz Gullett
Representative Donni Steele (R-Orion) introduced legislation she believes will help combat the high cost of living residents are experiencing. Key Points: House Bills 5811 – 5814 eliminates the Real Estate Transfer (RET) Tax. Currently, the state taxes $3.75 of every...
by Liz Gullett | Jun 7, 2024 | Liz Gullett
Legislation aimed at encouraging employers to hire workers facing significant barriers to employment was recently introduced. Key Points: House Bills 5771 and 5772 were sponsored by Representative Jason Hoskins (D-Southfield) and Representative Matt Bierlein...
by Liz Gullett | Apr 26, 2024 | Liz Gullett
Bipartisan legislation creating a tax credit for qualified productions in Michigan was reported by the House Economic and Small Business Committee this week. “These pro-job bills are designed to diversify our state economy by investing in our workforce and help us...
by Liz Gullett | Feb 16, 2024 | Liz Gullett
This week, the House Economic Development and Small Business Committee considered bipartisan legislation restoring the 2017 Good Jobs for Michigan program. Under the proposal, companies could keep up to 100% of withholding taxes for new employees. Key Points: The...
