Although Detroit already had a "jock tax" in place, it was not officially codified until early March. Detroit's jock tax is the first tax in the US to count travel days that don't necessarily include service inside the city. The new ordinance provides guidance to teams on how to allocate income accordingly.
Interns and staff accountants from UHY LLP’s Michigan practice stepped away from the office for a day during busy season and visited students from Burton International Academy in Detroit to learn about the art history of Mexico and tap into the students’ creative minds
2016 brought significant changes to personal property tax filing in Michigan.
Effective Jan. 1, 2017, minimum wage employees in Michigan will see an increase of 40 cents per hour from $8.50 to $8.90. For 2017 budgets that translates to an extra $16 per week per full-time employee, or $832 per year. The law, Public Act 138 known as the Workforce Opportunity Wage Act (WOWA) of 2014 took effect on May 27, 2014 when minimum wage was $7.90, which has gradually increased to the current $8.50
As reported in Dykema's 2016 M&A Outlook Survey: For the first time since the 2008 survey, respondents said that US financial buyers topped strategic buyers for having the most influence on US deal valuation over the past year.
phone: 313 964 1040
fax: 313 446 8311
719 Griswold St., Suite 630
Detroit, MI 48226