For many people, the end of the year tends to sneak up on us in a whirlwind of winter weather activity, family gatherings, and holiday festivities. However, even as 2018 draws to a close, it’s not too late to think […]
Michigan stands to gain an extra $250 million dollars in tax revenue as a result of this summer’s decision by the U.S. Supreme Court in South Dakota v. Wayfair and the Michigan Department of Treasury wasted little time to start collecting it. […]
The State of Michigan voted earlier this year to rescind a longstanding Administrative Rule which prohibited liquor licensees from operating within a half-mile of another liquor licensee. The rescission was challenged in the Court of Claims by a trade association. […]
The State of Michigan Department of Licensing and Regulatory Affairs (LARA) provides services for corporations, limited partnerships, limited liability companies, and limited liability partnerships and for foreign entities to obtain a certificate of authority to transact business. LARA has recently […]
Concerned about losing your homestead exemption because you have been renting your home for more than 14 days per year? Fear not, as the Michigan Court of Appeals recently ruled in the taxpayer’s favor on this issue. Michigan’s Principal Residence […]
The final version of the tax reform bill was released Friday, December 15, 2017 and is set for votes this week – and it will pass and become law. Among the many changes, the final bill eliminates the tax deduction […]
What does it mean to “own” something? Owning something means different things to different people. Owning something suggests a sense of full control over something. It also implies being able to enjoy the benefits of it and be responsible for […]
Fraser Trebilcock continues to monitor the tax reform plans moving through the House and Senate. As we mentioned in our last post, the various proposals are a bit of a moving target and are in at state of flux. On […]
UPDATE: (November 14, 2017) A Look at The Senate Tax Reform Bill On November 2, 2017, House Ways and Means Committee introduced the much anticipated House Tax Reform Bill – The Tax Cuts and Jobs Act. The bill is […]
As proposals for national tax reform topped headlines Thursday, state and national experts came together to give us insight into what things will look like in Michigan.