Michigan’s House Bill 4961 introduces some of the most significant state tax changes in years. By aligning with the latest federal code while rejecting key incentives like bonus depreciation, expanded expensing, and R&E cost deductions, the law creates lasting differences that will raise Michigan taxable income for many businesses. These shifts heighten compliance complexity and cash flow pressures, making early planning and proactive strategy adjustments essential for 2025 and beyond.
Check out our full article written by CSH Shareholder and State & Local Tax expert Philip Hurak, for some highlights and recommendations to help you navigate the changes ahead. |
Navigating state and local tax laws is complex, but with the right partner, it doesn’t have to be. Our SALT experts help businesses stay compliant, minimize risk, and maximize tax-saving opportunities across jurisdictions. From income & franchise taxes to credits and incentives, we provide tailored solutions that support your success. Partner with CSH and gain a team of experts who work as an extension of yours. |
