Intrust CPA

Michigan-based employers, the Michigan Earned Sick Time Act is something to familiarize yourselves with as it will have major tax and budgetary consequences.

The Michigan Earned Sick Time Act goes into effect February 21, 2025. It requires businesses to provide paid sick leave to all employees, and applies to even part-time and seasonal employees.

Jon goes into some of the tax ramifications and things to be considering: https://youtu.be/GnfF_mQFV8g

More about the Earned Sick Time Act here: https://www.michigan.gov/leo/bureaus-agencies/ber/wage-and-hour/paid-medical-leave-act

Michigan Earned Sick Time Act Michigan-based employers, the Michigan Earned Sick Time Act is something to familiarize yourselves with as it will have major tax and budgetary consequences....

We will be closed for staff development Thursday and Friday!

There has been a paradigm shift in remote work following COVID-19 and many employers are now coming to terms with the potential long-term implications of this change.

Whether your business is intentionally hiring out of state or you’ve been thrown into it out of necessity, there are definite ramifications to consider with far-reaching implications.

Read on for three pointers from a tax standpoint for businesses considering employing remote workers.
https://www.tcbusinessnews.com/remote-control-tax-implications-of-a-remote-workforce/

The Inflation Reduction Act was approved by the Senate on Sunday, August 8th, and passed by the House on Friday, August 12th and signed into law last week by President Biden. In this video we tackle the tax ramifications of this bill:

• The continuation of clean energy tax credits for homeowners
• The continuation of rebates for electric vehicle purchases
• Expanded IRS enforcement
• The 15% corporate minimum tax (and whether you should be worried about it)
• Tax on stock buybacks for corporations

Click below to watch!

Inflation Reduction Act The Inflation Reduction Act was approved by the Senate on Sunday, August 8th, and passed by the House on Friday, August 12th and will be signed into law this...