Did you know that both the IRS and State of Michigan offer taxpayers the option of making their tax payments online? Check out the links below: Click here for IRS Direct Pay Click here for the Michigan Electronic Payment system Both of these services are free to you. Note the Michigan payment system charges a fee […]
Taxable Pension Benefits in Michigan
Leading up to the election, there was much talk about tax on pension income in Michigan. You may be wondering what the politicians were talking about. On January 1, 2012, the Michigan law changed so that pension and retirement distributions (payments from an IRA, 401(k), 403(b), 457, pension plan, etc.) are taxed differently depending on […]
Michigan Minimum Wage Change
The Michigan minimum wage will be increasing to $8.15 on September 1, 2014. The minimum wage will continue to increase over the next four years until it reaches $9.25 on January 1, 2018. The current minimum wage is $7.40. The current tipped employee hourly wage rate is $2.65. As of September 1, 2014, the minimum […]
Where’s My Refund?
Have you ever wondered when you will receive your income tax refund? Both the IRS and State of Michigan have a way to check the status of your refund. These sites tell you if you return has been accepted, if your refund has been approved, and if your refund has been sent. To check the […]