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Not all Jock Taxes are Created Equally
In the sports business, athletes become accustomed to paying taxes in nearly every state—and some localities—in which they play. This is commonly referred to as the “jock tax,” because athletes (as well as coaches
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Michigan’s Film Tax Credit will be Cut with Bill Passage
A bill reducing the Michigan’s film tax credit was presented to Governor Rick Snyder and awaits his approval. The bill introduced earlier this year by Senate Majority Leader Randy Richardville, R-Monroe, would reduce many
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Michigan to End Multiple Tax Credits at Year’s End
Michigan taxpayers have enjoyed multiple tax credits in recent years, but some of the biggest tax credits are about to come to an end. As of December 31st, 2011, the state will discontinue its
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Michigan Supreme Court To Uphold Income Tax Changes, With Few Exceptions
In May 2011, Michigan Governor Rick Snyder signed Public Act 38 of 2011 (“P.A. 38) and a sequence of other laws that made significant changes toMichigan’s Individual Income Tax provisions. These changes eliminated various
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