THE MICHIGAN BUSINESS TAX

Troszak CPA Group In 2008 the State of Michigan imposed on Michigan businesses a new business tax.
It is important to make sure that you fully understand the ramifications of this new tax, and how it will affect your business.

In addition to the Michigan Business Tax, the state has borrowed money from the Federal Government to cover its unemployment benefit expenses. In order to repay this loan, the State of Michigan is scheduled to pass this expense on to "negative balance" employers in the State of Michigan. This additional tax will be called a Solvency Tax, and will be used to cover the states debt to the Federal Government.

The Troszak CPA Group stands ready to help you fight this tax, and its impact on your business. For more information on this and other compliance requirements of your business, contact us at Troszak.com.

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