Tip Pooling
The Fair Labor Standards Act (FLSA) allows employers to require employees to pool tips with other eligible employees, and the rules of such arrangements depend on whether the employer pays …
Tip Pooling Read MoreTag: Tax
IRS Issues 2019 Optimal Standard Mileage Rates
IRS News Release IR-2018-251: On December 14, 2018, the Internal Revenue Service issued the 2019 optional standard mileage rates used to calculate the deductible costs of operating an automobile for …
IRS Issues 2019 Optimal Standard Mileage Rates Read MoreNonprofits must meet specific criteria to be tax-exempt under the charitable purpose exemption
The Michigan Court of Appeals recently held in United Methodist Retirement Communities that the petitioner was not entitled to an exemption from ad valorem taxation under the charitable purpose exemption, …
Nonprofits must meet specific criteria to be tax-exempt under the charitable purpose exemption Read MoreMichigan Supreme Court Rejects Menards’ Method of Property Appraisal
Recently, Michigan’s Supreme Court denied Menards’ application for leave to appeal a Court of Appeals decision rejecting Menards’ method of valuing its stores for the purpose of assessing taxes. The …
Michigan Supreme Court Rejects Menards’ Method of Property Appraisal Read MoreTourism Tax Could Be On Its Way Out
The Tourism Marketing Act (MCL 151.871 et seq), allows tourism bureaus in Michigan to charge a 5% room tax to inn owners in Michigan to be used for the purposes …
Tourism Tax Could Be On Its Way Out Read MoreFebruary 10, 2017 Deadline for Small Businesses to File for Michigan Personal Property Tax Exemption
MCL § 211.9o, also known as the “small business taxpayer personal property exemption”, allows small business owners to claim a complete exemption for industrial or commercial personal property when …
February 10, 2017 Deadline for Small Businesses to File for Michigan Personal Property Tax Exemption Read MoreTerrence P. Stewart – Issues for Businesses to Consider Should the Incoming Administration Choose to Address the Trade Deficit in Part Through Trade or Tax Actions
Demorest Law Firm is a member of the International Society of Primerus Law Firms, an international network of smaller law firms. Stewart & Stewart is our affiliated firm in Washington, …
Terrence P. Stewart – Issues for Businesses to Consider Should the Incoming Administration Choose to Address the Trade Deficit in Part Through Trade or Tax Actions Read MoreCourt Orders Couple’s Property Sold to Satisfy Husband’s Delinquent Taxes
In United States v. Davis, the Sixth Circuit Court of Appeals upheld the district court’s order allowing the federal government to enforce its tax lien, and sell the property owned …
Court Orders Couple’s Property Sold to Satisfy Husband’s Delinquent Taxes Read MoreDebtor’s tax declarations may aid in recovering a judgment
Winning a lawsuit is only half the battle. Sometimes the most difficult part of a lawsuit is recovering the judgment. Often, a debtor will make recovery of a judgment very …
Debtor’s tax declarations may aid in recovering a judgment Read MoreNew Rules Regarding Tax Liability When Purchasing a Business
A new law now requires that the Michigan Department of Treasury provide a purchaser of a business with the business’ known, or estimated, tax liability within 60 days of …
New Rules Regarding Tax Liability When Purchasing a Business Read More