LANSING - Michigan's business tax structure changed radically on January 1, 2008. The new tax created a business income tax of 4.95 percent, a modified gross receipts tax of 0.8 percent, and tax credits for payroll, property, research and development, and other factors. It was intended to increase revenue, while decreasing the tax burden on
DETROIT - Tighter budgets, fewer job openings and the lowest capital spending since 1975 have led to one of the longest consecutive readings of low optimism according to the Index of Small Business Optimism commissioned by the National Federation of Independent Business. This year's 88.2 reading is a sign of a depressed economy and outlook,
ANN ARBOR - Several governmental agencies jointly issued final rules addressing implementation of Section 114 and Section 315 of the Fair and Accurate Credit Transactions Act of 2003 (FACT Act). If any of the following agencies have oversight with respect to your business, you may have an affirmative obligation to comply with the Identity Theft
ANN ARBOR - Stephen Rapundalo, CEO of MichBio, Michigan?s life sciences trade association, said Michigan voters should support a ballot proposal on Nov. 4 that would allow the state to use embryonic stem-cells for medical research. In a letter to the editor, Rapundalo said: "Researchers at the University of Michigan are world leaders in one
BOSTON - Yankee Group has identified five consumer segments that are driving the mass-market adoption of technology products and services. With connectivity at the core of everything they do, Anywhere Consumers are driving a shift in buying behaviors that will have tremendous economic impact during the next five years. Increased understanding of this new marketplace
SAN ANTONIO, Texas - According to a recent customer survey conducted by Rackspace Hosting, a specialist in hosted IT services, nearly 70 per cent of respondents indicated that the number of IT functions they outsource to hosting, SaaS or cloud service providers should increase over the next five years. "We are seeing a trend towards
DETROIT - On this month's anniversary of 9/11, it is only fitting that InfraGard takes a moment to reflect on the event that was possibly the single greatest catalyst to the development of the security organization. While there are tons of websites that contain information about the terrorist attacks and subsequent reaction of the United
TRAVERSE CITY - A sharp decline in engineering-school enrollments in Michigan will have an adverse effect on the state's economy and also threatens the long-term recovery of the nation's domestic auto industry. "In the past six years new engineering enrollments at Michigan universities have plummeted by more than 13 percent compared to a nine percent
Dear MITech.Com Editorial Board, In an article you ran on August 4, 2008 "US Senate Approves Great Lakes Compact - House To Vote After Labor Day," you state that the Great Lakes Compact will "strictly limit water diversions." While the Great Lakes Compact could be a means to protect Great Lakes waters, there are serious
DETROIT - On May 21, President Bush signed into law the Genetic Information Nondiscrimination Act, a law designed, in part, to prohibit employers from discriminating against employees and applicants for employment on the basis of their genetic information. Part of the reason for the enactment of GINA was to enable individuals to take advantage of