August 13, 2024
In
Business Law, Tax
Michigan’s Elective Flow-Through Entity Tax: Time to Opt Back In?
At the end of 2021, Michigan’s governor and legislature teamed up to provide taxpayers who operate certain flow-through entities an (opt-in) opportunity to recover some of the federal tax benefits that the Tax Cuts and Jobs Act took away. Qualified taxpayers who opted-into paying their...
