and Minimize Your Tax Impact
CD of Teleconference with Q&A
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and Sales & Use Tax Monitor
Michigan finally agreed to dump its unpopular single business tax, but this change may not provide real relief for businesses. The new Michigan Business Tax (MBT) applies to both income and gross receipts, pulling even more corporations into its net.
With the new MBT comes a new list of deductions and tax credits, apportionment and pass-through rules to follow, and systems for quarterly tax estimates and return e-filing. The MBT is effective for filings after Jan. 1, 2008, so corporate taxpayers must get on top of these compliance changes now.
Your advance work will make all the difference for a smooth transition to the new MBT and efficient audits—and to make sure your company pays no more tax than absolutely necessary.
Listen as our panel of veteran Michigan tax advisors, all highly experienced with the Michigan tax system, helps prepare your company for the demands of the new MBT.
Our panel included:
Robert Rhoades, Member, Dickinson Wright, Detroit. He litigates both non-property tax and property tax cases and lectures frequently before the Michigan Society of CPAs. He previously worked with the Miller Canfield law firm's State and Local Tax Group.
Richard Spengler, Partner, Multi-State Tax Consulting, BDO Seidman, Grand Rapids, Mich. He specializes in state income and franchise tax services. His background includes both federal and state tax consulting and compliance.
Curtis Ruppal, Partner and Director, State and Local Tax Practice, Plante Moran, Grand Rapids, Mich. He leads a group focused on multi-state tax consulting services, including reduction of state income taxes. He has more than 16 years of experience in the accounting and corporate tax arenas. He served on the Detroit Regional Chamber of Commerce MBT review task force.
Paul McCord, Attorney, Varnum Riddering Schmidt & Howlett, Novi, Mich. He works on a broad range of federal and state tax controversy and planning engagements for corporate clients. He argues cases frequently before the Michigan Tax Tribunal and Michigan Court of Appeals.
The panel gives you guidance to deal with these and other key issues:
- The new tax base: How much of your company's business income and modified gross receipts will be taxable? What can you do to influence those numbers?
- New deductions: Become intimately familiar with the new lists. How can other taxpayers mitigate damage from deductions favoring in-state companies?
- Compliance changes: Prepare for the new approaches to apportionment, quarterly tax estimates, partial-year tax computation and pass-through liability.
- E-Filing: Will the Treasury Department be ready to let you e-file your first MBT return, and what e-filing protocols will you follow?
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TELECONFERENCE CD
Purchase a CD-ROM of the full conference proceedings, including Q&A and PDF files of all handouts (available 10 days after the program).
- Regular Price - $247 (plus $9.45 S&H)
- With Teleconference Registration – an additional $75 (plus $9.45 S&H)
Self-study CPE is not offered on CD purchases.
CONTINUING LEGAL EDUCATION
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CLE credit is available for an additional $65 each for attorneys seeking CLE credits for NY or CT. Other states may grant CLE credits for listening to this CD - check with your state about applying for self-study credit on CD-listening.