February 1, 2018
Every Michigan registered Corporation, Not-For-Profit Corporation and Limited Liability Company is required to file an annual report with LARA. These reports will no longer be mailed. Each business should have received a letter providing log-in information and a unique Customer ID (CID) and PIN. The annual report filing is supposed to be available 90 days before the due date.
File on-line at www.michigan.gov/fileonline
Limited Liability Companies February 15
Corporations May 15
Not-For-Profit Corporations October 1
Be sure to log on and file your annual report. Not filing can affect your ability to arrange borrowing from a bank and will also result in substantial late filing penalties.
While the Tax Cuts and Jobs Act (TCJA) reduces most income tax rates and expands some tax breaks, it limits or eliminates several itemized deductions that have been valuable to many individual taxpayers. Here are five deductions you may see shrink or disappear when you file your 2018 income tax return:
1. State and local tax deduction. For 2018 through 2025, your...
This tax season is an important one for many business owners because it’s the first that will be impacted by the Tax Cuts and Jobs Act (TCJA). How big of an impact is dependent on your unique situation. We’ve compiled this short list of provisions that may affect the business community:
Public Act 369 of 2018, signed into law December 14, 2018, EFFECTIVE MARCH 29, 2019
An eligible employee...