Chamber News & Blog

February 24, 2015
Article type: Blog

Unclaimed property is any financial asset that has been left with a “holder,” such as a bank, insurance company or other business or organization and has gone unclaimed beyond the dormancy period. Examples of unclaimed property include uncashed payroll checks, inactive stocks, dividends,...

February 24, 2015
Article type: News

The Michigan Chamber Foundation is pleased to announce its partnership with the Young Entrepreneurs Academy (YEA!), a nationally-recognized innovative program that transforms local high school students into real entrepreneurial successes. The...

February 23, 2015
Article type: Blog

All 18 organizations (that participated in an EY/MENTOR study about mentoring) encourage employees to mentor, making it possible for them to volunteer during business hours, but that mentoring happens...

February 23, 2015
Article type: Blog

This week, the Federal Energy Regulatory Commission posted the Rover Pipeline project’s formal application. The Michigan Chamber supports the Rover Pipeline and welcomes this next step in the process toward formal approval of the project. We encourage FERC to move quickly in its...

February 22, 2015
Article type: Blog

The Michigan House Tax Policy committee has scheduled a hearing regarding House Bill 4122 - recently introduced by State Representative Dan Lauwers and 11 co-sponsors – to...

February 22, 2015
Article type: Blog

A bill has been introduced in the State House to require employers to provide two weeks of paid leave to employees adopting a child. House Bill 4223 (Rep. Kosowski) was...

February 22, 2015
Article type: Blog

Legislation championed by the Michigan Chamber to reform Michigan’s wage garnishment system overwhelmingly passed the State House last week by a vote of 109 to 1. 

The wage garnishment process is a growing issue for many Michigan employers and can be time intensive...

February 22, 2015
Article type: Blog

A new ballot committee was formed last week with the goal of decriminalizing marijuana in Michigan. Various news outlets report the Michigan Comprehensive Cannabis Reform Committee’s goal is to ask voters in 2016 to decriminalize marijuana, improve the state’s medical marijuana law,...

February 22, 2015
Article type: Blog

Chamber members recently alerted us that they are experiencing difficulty registering and filing their Michigan Sales/Use/Withholding returns in the past two months. In light of this, the Michigan Department of Treasury has issued...

February 20, 2015
Article type: Blog

The ACA created new reporting requirements under Internal Revenue Code sections 6055 and 6056, which require certain employers to provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees. On Feb. 8, 2015, the IRS released final versions of...

February 19, 2015
Article type: Blog

While there are few givens in business transactions, here is one: the presumed buyer of your business will not know as much about your business at closing (or even for months thereafter) as you – the owner-seller – know right now. This means that the successful business buyer is taking...

February 19, 2015
Article type: Blog

The Michigan Chamber of Commerce today commended State Representative Dan Lauwers for introducing House Bill 4122 to finally end Michigan’s wasteful and counterproductive film...

February 18, 2015
Article type: Blog

Did you know that properly using a programmable thermostat is one of the easiest ways you can save energy and money in your business? According to the U.S. Department of Energy, businesses can save as much as 10 percent a year on heating and cooling bills by simply turning their programmable...

February 18, 2015
Article type: Blog

Under current law, Michigan taxpayers who want to utilize Michigan’s Court of Claims for tax disputes face a significant barrier to entry: Michigan requires taxpayers to “pay-to-play” the amount they dispute in order to enter this venue. This presents not only a barrier to entry for...

February 17, 2015
Article type: Blog

The term “layoff” is often misunderstood by employers. Other than a brief reference in the Worker Adjustment and Retraining Notification (WARN) Act that a “layoff” exceeding six months is covered by the Act, the term and the concept have no independent legal significance. It is not a process or...

February 16, 2015
Article type: Blog

Progressive advocacy groups and unions are calling for legislation to require businesses in Michigan to offer paid sick leave to employees – and, assuming the legislation will not gain traction in the Republican-controlled Legislature, they are already hinting that they may work to...

February 16, 2015
Article type: Blog

Legislation being pushed by the Michigan Chamber to reform Michigan’s wage garnishment system is on the move in the Michigan House.

The wage garnishment process is a growing issue for many Michigan employers and can be time intensive and costly. For a one-time $6...

February 16, 2015
Article type: Blog

The Michigan House Tax Policy Committee last week overwhelmingly approved two bills to stop the Michigan Department of Treasury from illegally taxing software services. House Bills...

February 16, 2015
Article type: Blog

The debate over whether to increase the Health Insurance Claims (HICA) Tax is back, just months after legislation was signed into law to reduce the rate from 1% on all paid health insurance claims to 0.75%. 

Governor Snyder, in his budget unveiling last Wednesday,...

February 16, 2015
Article type: Blog

The debate over whether to increase the Health Insurance Claims (HICA) Tax is back, just months after legislation was signed into law to reduce the rate from 1% on all paid health insurance claims to 0.75%. 

Governor Snyder, in his budget unveiling last Wednesday,...

February 16, 2015
Article type: Blog

Governor Snyder’s Fiscal Year 2016 budget proposal includes nearly $36 million in new investments for skilled trades training, enhanced educational opportunities and college and career planning. Combined with existing programs, the Governor’s proposed budget would include more than $...

February 13, 2015
Article type: Blog

EMV, also referred to as “smart” or “chip” cards, is an important issue this year for any company or organization that accepts payment cards.

On October 1, 2015, liability will shift away from card issuers to any entity that accepts card payments and has not upgraded their equipment to...

February 11, 2015
Article type: Blog

Most New Year’s resolutions are abandoned by Valentine’s Day. In fact, only about 8% of people achieve their resolutions each year. Right now the gyms are crowded, the stores are out of kale and everyone is miserable. Why do they fail? Mainly because people set unrealistic goals and the initial...

February 10, 2015
Article type: Blog

I get calls every day from sophisticated human resources representatives who secretly confess they are looking for opportunities to terminate, rather than accommodate, employees who have hit the employment law protected characteristic “trifecta.” You know who I am talking about, right? This...

February 6, 2015
Article type: Blog

Each employer who normally employed at least 20 full-time or full-time-equivalent employees during the prior calendar year must offer continued health insurance coverage, as mandated by the Consolidated Budget Reconciliation Act (COBRA), following the occurrence of a “qualifying event”, if the...