Chamber News & Blog

October 23, 2017
Article type: News

Last week, legislation was introduced that would impose a 5-cent-per-gallon excise tax on water bottlers. Not only would such a tax increase the cost of doing business in Michigan, it would also turn longstanding property rights policy on its head.  

Under...

October 19, 2017
Article type: Blog

On Oct. 13, 2017, the IRS reversed a recent policy change in how it monitors compliance with the ACA’s individual mandate. For the upcoming 2018 filing season (filing 2017 tax returns), the IRS‎ will not accept electronically filed tax returns where the taxpayer does not certify whether the...

October 18, 2017
Article type: Blog

More companies each day, it seems, are jumping on the bandwagon of LED lights.

And why not? The ROI appears very high, especially with state, federal and utility company financial...

October 17, 2017
Article type: Blog

Metro Bolt & Fastener has been in business for 65 years and exporting their product for 25 years. A leading...

October 16, 2017
Article type: News

Lawmakers on both sides of the aisle agree on one thing: Michigan has the highest-in-the-nation auto insurance premiums and something must be done to drive down rates. The problem? Finding consensus on a solution that can garner the necessary 55 votes to pass a bill out of the...

October 16, 2017
Article type: News

Many Michigan businesses are well aware of the Andrie, Inc. V. Department of Treasury case that really muddied the waters on how taxpayers claim an exemption from Use Tax because the Sales Tax was already paid. It has been over three years since the Supreme Court reversed the...

October 16, 2017
Article type: News

Several pieces of tax policy have been moving through the legislative process. Following is a brief rundown of Chamber-supported tax bills that are currently on the move: 

Food Tax Preemption – Legislation (...

October 16, 2017
Article type: News

The countdown is on. Congress has less than 76 days to repeal or suspend the Health Insurance Tax (HIT), a $267 billion+ sales tax on health insurance. The Michigan Chamber is warning about the consequences of inaction: premium increases for businesses of all sizes and types,...

October 16, 2017
Article type: News

The 2011 reforms to Michigan’s workers’ compensation system continues to pay dividends for employers. Last week, the Michigan Workers’ Compensation Agency announced that the pure premium advisory rate for work comp insurance will decrease by 9.3 percent for 2018. 

...

October 12, 2017
Article type: Blog

The State of Michigan Unemployment Agency (MUA) has implemented numerous changes in recent years to its tax rate determination process. One of those changes could cause employers to pay additional taxes and interest ...