IRS Issues Revisions to Form 941-X

The IRS released updates to Form 941-X, which includes changes to the employee retention credit. Employers should be aware of these changes to ensure accurate tax filings. Learn more here.
Proposal to Reduce Michigan State Income Tax Passes House

Michigan may soon join nine other states in lowering income taxes, as the State Senate debates a measure that could reshape the tax landscape starting in 2025. Learn more here.
Michigan Requires New Poster for Veterans Services

Governor Whitmer has enacted a new law aimed at simplifying access to benefits and services for Michigan veterans. Learn more.
IRS Issues New Guidance on ACA Reporting Requirements

The IRS recently released updated guidance on Affordable Care Act (ACA) reporting requirements, introducing changes that employers need to be aware of to ensure compliance. The IRS issued Notice 2025-15, which provides guidance on the alternative manner of furnishing certain ACA health insurance coverage statements to individuals pursuant to IRC 6055 and 6056. The guidance […]
Michigan Raises Minimum Wage and Preserves Tip Credit

On Feb. 20, 2025, the Michigan Legislature amended the state’s Wage Act in a compromise measure that accelerated the schedule of minimum wage increases but prevented a complete phaseout of the tip credit for workers who receive tips. The Senate Bill 8 (bill) was signed by Governor Gretchen Whitmer on Feb. 21, 2025. Background In […]
U.S. Supreme Court Rules on FLSA Burden of Proof Standard

In January 2025, the Supreme Court (the Court) handed employers a win by confirming exemptions under the Fair Labor Standards Act (FLSA) need only be proven by a “preponderance of the evidence.” In doing so, the Court unanimously rejected the argument that a higher evidentiary standard—“clear and convincing evidence”—applies to FLSA exemption disputes. The decision […]
Michigan Employers: ESTA Takes Effect in February

With much talk around changes to the Earned Sick Time Act and minimum wage law, the changes have officially been signed by Governor Gretchen Whitmer. Bill 4002 was passed by the House and Senate and has been signed into effect by the Governor as of Feb. 21, 2025. While several important changes were made, the […]
Less Affordable Care Act Reporting Now Required by Employers

Recent legislative changes have streamlined Affordable Care Act (ACA) reporting requirements, reducing administrative burdens for employers. The enactment of the Paperwork Burden Reduction Act (PBRA) and the Employer Reporting Improvement Act (ERIA) introduces key modifications effective for the 2024 tax year. The Paperwork Burden Reduction Act The PBRA amends the Internal Revenue Code and reduces […]
IRS Increases Standard Mileage Rate for Business Use in 2025

The IRS has increased the optional standard mileage rate for automobiles driven for business to 70 cents per mile for 2025. The mileage rates for vehicles used for other purposes will remain unchanged from 2024. Optional standard milage rates are used to calculate the deductible costs of operating vehicles for business, charitable and medical purposes, as well […]