LANSING - In 2014, Governor Snyder signed legislation increasing the Michigan minimum wage rate in stages. Increases took effect on September 1, 2014, on January 1, 2016, and on January 1, 2017, raising the minimum wage to $8.90 per hour. On January 1, 2018, Michigan minimum wage will increase to $9.25 per hour. Beginning in
LANSING - It can be hard for small businesses to compete with the big guys. But that’s why there’s Small Business Saturday. American Express founded Small Business Saturday in 2010, giving small businesses and brick-and-mortar stores across the country a special boost and a way to get shoppers’ attentions between Black Friday and Cyber Monday
LANSING - At long last, it looks as though the IRS is finally gearing up to assess Affordable Care Act (ACA) penalties based on 2015 employer responsibility reporting (1094-C and 1095-C forms). If your organization receives an assessment notice, you’ll want to scrutinize it carefully, as there may be many errors. The IRS has updated
WASHINGTON DC - On Nov. 2, House Ways and Means Committee Chairman Kevin Brady (R-Texas) released a 429-page tax reform bill, entitled: Tax Cuts and Jobs Act of 2017 (H.R. 1). According to the Chairman, the legislation aims to lower business and individual tax rates, modernize U.S. international tax rules, and simplify the tax law,
LANSING - It has been proven that women are promoted less, underrepresented in the C-suite, and receive lower wages then men. A recent study set out to discover why and see if women’s behavior is responsible. The study, published by Harvard Business Review, revealed that biological differences between men and women do not affect the
DETROIT – Consumers Energy announced today that it will spend $250 million with small businesses in Michigan over the next two and a half years. The spending commitment is part of the company’s involvement in the Pure Michigan Business Connect (PMBC) initiative. In 2015, Consumers Energy pledged to spend $1 billion a year with Michigan businesses for
LANSING - Nominations for the 2018 Michigan Celebrates Small Business awards program are officially open, including the Michigan 50 Companies to Watch award! Why nominate a company for MCSB? Awardees of the program receive significant statewide exposure and gain the honors of a program that they may proclaim to customers and peers. Submitting a nomination
LANSING - Considering solar energy? Solar is now so cheap in the United States it beat government goals by three years. Solar continues to be a rowing fraction of US utility-scale electricity generation. On September 12th the US Department of Energy announced that utility-grade solar panels have hit 2020 cost targets three years early. Utility-scale
WASHINGTON DC. – The National Small Business Association Monday released its 2017 Mid-Year Economic Report where the small-business outlook on the overall economy is at its highest point in seven years despite growing frustration over elected officials’ inability to enact needed reforms. “For the first half of 2017, we’ve seen record highs in small-business confidence and outlook,
LANSING - Kyyba Xcelerator, Bodman PLC and TiE Detroit will launch Pitch Club, a mentoring and funding series held across Michigan, at SPARK in Ann Arbor on September 27. Aimed at connecting the various ecosystems and smart zones throughout Michigan, each event will educate, inspire and provide networking opportunities and valuable experiences for being investable.
