On December 16, 2013, the Michigan State Tax Commission issued Bulletin 23 which deals with transfers of ownership of real property and the impact on taxes assessed on transferred property. The State Tax Commission is a 3 member agency appointed by … [Read more...]
Public Act 497 of 2012 – Transfer of Ownership Update on Real Property Taxes in Michigan
September 19, 2013 By Leave a Comment
On December 28, 2012, Michigan Governor Richard Snyder signed new legislation which will have a significant impact on the way Michigan residential property (including vacation property) is assessed for property taxes [Public Act (“P.A.”) 497]. This … [Read more...]
State of MI LARA Notice
September 4, 2013 By Leave a Comment
All of our clients who have formed a Michigan LLC should be aware that a non-governmental entity called "Corporate Records Service" is trying to collect a $125 fee to prepare corporate records. The misleading solicitation implies that Michigan … [Read more...]
Eight Tips For Closing The Family Cottage
August 23, 2013 By 2 Comments
There is a nip in the air and a tint to the leaves. Everyone is off for one last shindig before school starts and summer is officially over. On the “to-do” list along with back-to-school shopping and ramping up for the coming holidays, many … [Read more...]
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