Tax Archive
Michigan Sales Tax on Services Poised to Slither Into Effect at Midnight on December 1
1 Comment Published November 30th, 2007 in Business, Consumer, Michigan Law, News, TaxUPDATE 12-5-07: The 6% services tax enacted by the Michigan legislature went briefly into — and then out of — effect, on December 1, 2007. The repeal legislation retroactively exempted all potentially covered transactions from tax liability. Sadly — I have been spending the last few days analyzing the latest information from Treasury, to be [...]
Registering For The New Michigan Services Tax — Instructions For Sole Proprietors, Single-Member LLCs, and Independent Contractors
0 Comments Published November 1st, 2007 in Business, Consumer, Michigan Law, News, Startups, TaxUPDATE 12-5-07: The 6% services tax enacted by the Michigan legislature went briefly into — and then out of — effect, on December 1, 2007. The repeal legislation retroactively exempted all potentially covered transactions from tax liability. Business owners who are subject to the new services tax must register with the State of Michigan, Department [...]
Michigan Business To Treasury Department: We’re Still Waiting…
0 Comments Published October 25th, 2007 in Business, Consumer, Michigan Law, News, TaxUPDATE 12-5-07: The 6% services tax enacted by the Michigan legislature went briefly into — and then out of — effect, on December 1, 2007. The repeal legislation retroactively exempted all potentially covered transactions from tax liability. My small business clients (and several blog editors and comment submitters) have been waiting with bated breath for [...]
Michigan Services Tax Law – Mailing List for Professionals
0 Comments Published October 4th, 2007 in Business, Consumer, Michigan Law, News, TaxUPDATE 12-5-07: The 6% services tax enacted by the Michigan legislature went briefly into — and then out of — effect, on December 1, 2007. The repeal legislation retroactively exempted all potentially covered transactions from tax liability. I have set up a mailing list on Google Groups called SERVICETAX-MI to discuss the extension of the [...]
Michigan Services Tax: What’s Included?
1 Comment Published October 3rd, 2007 in Business, Consumer, Michigan Law, News, TaxUPDATE 12-5-07: The 6% services tax enacted by the Michigan legislature went briefly into — and then out of — effect, on December 1, 2007. The repeal legislation retroactively exempted all potentially covered transactions from tax liability. I have spent the last day analyzing the bill text of the new Michigan services tax law enacted [...]
New Tax On Services Impacts Many Businesses and Consumers
7 Comments Published October 1st, 2007 in Business, Consumer, Michigan Law, News, TaxUPDATE 12-5-07: The 6% services tax enacted by the Michigan legislature went briefly into — and then out of — effect, on December 1, 2007. The repeal legislation retroactively exempted all potentially covered transactions from tax liability. Michigan state legislators have avoided a state government shutdown by reaching a comprehensive budget agreement which includes budget [...]
Sales, Use, Withholding…And Now A Services Tax?
5 Comments Published March 18th, 2007 in Business, Michigan Law, News, TaxMichigan’s Proposed Sales Tax on Services: A Whole New Reporting Headache As part of her effort to balance the state’s budget, Michigan Governor Jennifer Granholm has proposed a new 2% sales and use tax on services. This tax would be collected in the same manner as the existing 6% sales and use tax for goods: [...]
Real Estate Transfer Tax Can Be Paid on Value of Empty Lot
0 Comments Published July 12th, 2006 in Michigan Law, Real Estate, TaxHere’s something to warm the cockles of a real estate developer’s heart. The Michigan Court of Appeals recently held that Michigan’s Real Estate Transfer Tax should be assessed on the value of the property at the time of transfer, and not on the value of the property after the home is built. Lake Forest Partners [...]
IRS to Allow Selling of Tax Data
0 Comments Published April 15th, 2006 in Business, Consumer, News, Privacy, TaxIf you ask me, this is the Mother Of All Privacy Violations. My tax return data? The IRS has proposed a rule to allow the tax preparation industry to disclose Joe American’s tax return information, collected while preparing returns for consumers, to third parties. Of course, this is only after they have received your “consent.” [...]