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Major Changes on 2018 Tax Code

Major changes on 2018 Tax Code   Dear Clients,   The 2018 tax season is just around the corner. As you might know, there were big changes on tax code December 2017. The congress has passed the new tax 2017, which is called TCJA (Tax Cut and Jobs Acts). The followings are summary of the […]

Sales, Use, and Withholding Taxes 2015: Summary of Changes

In January 2015, the Michigan Department of Treasury will begin to process current-year Sales, Use, and Withholding (SUW) tax returns with a new online system. As a result of this new processing system, there will be changes to the SUW forms and to the way taxpayers can file and make payments for tax year 2015 returns. New […]

Unemployment Insurance Glossary

Alternate Base Period The last 4 completed calendar quarters before the first day of an individual’s benefit year. It is used only if an individual has insufficient wages to establish a benefit year using the standard base period. Base Period (BP) A period of 4 consecutive completed calendar quarters where wages earned are considered to […]

Michigan UIA Late Filing Penalty

Late 1028s Mean Penalties New Wage Detail Penalty Amounts Section 54(c)(2) of the Michigan Employment Security (MES) Act, provides for late penalties and non-filing penalties for the wage detail report information.  Beginning with the quarter ending September 30, 2012, the wage detail report penalties will be charged as follows:  – A $50.00 penalty will be charged […]

Michigan Minimum Wages

What is the Michigan Minimum Wage? Contact: Wage & Hour Division 517-322-1825Michigan’s Workforce Opportunity Wage Act, Public Act 138 of 2014 Michigan’s Minimum Wage: Effective May 27, 2014, Public Act 138 of 2014, the Workforce Opportunity Wage Act, repealed and replaced Public Act 154 of 1964, as amended, the Minimum Wage Law. Tipped employees may be […]