Over the last couple weeks, the Michigan Department of Treasury has mailed out two separate notices regarding the new Flow-Through Withholding Quarterly Return filing requirements.
The first version of the letter indicated that the Treasury indentified the recipient as having an obligation to file the quarterly flow-through withholding return based on prior filings. This version contained a Notice of Change or Discontinuance form on the bottom of the notice. If you received this version, the Treasury will be expecting you to file these returns quarterly. If you determine you do not have a filing requirement, you should complete the Notice of Change or Discontinuance attached to the notice and check the box to delete “Flow-Through Withholding.” A copy of the Notice of Change or Discontinuance can also be found by clicking here.
The second version of the letter appears to have been sent to taxpayers that didn’t receive the first letter. This version outlines the changes to the law as of January 1, 2012. If you determine that you do not have a filing requirement, no further action is needed. If you meet the requirements for flow-through withholding, you must register with the Treasury. This can be done at www.michigan.gov/business.
Please contact us if you have any questions.
Geenen & Kolean, PC