Sales Tax Exemptions for Cultivators of Marijuana

Sales Tax Exemptions for Cultivators of Marijuana

With the issuance of Revenue Administrative Bulletin (RAB) 2020-17 (replacing RAB 2019-17), the Michigan Department of Treasury confirmed that state-licensed marijuana businesses may avail themselves of several sales use and tax exemptions that are generally available...
Medical Marihuana Licenses for Fiscal Year 2023

Medical Marihuana Licenses for Fiscal Year 2023

On Monday, the Michigan Cannabis Regulatory Agency released an advisory bulletin announcing licensing fees for Fiscal Year 2023. This has resulted in a significant reduction to the regulatory assessments beginning on October 1, 2022 and running through September 30,...
Pain at the Pump Fuels IRS Mileage Rate Increase

Pain at the Pump Fuels IRS Mileage Rate Increase

On Thursday, June 9th, the IRS announced an increase in the optional standard mileage rate for the last 6 months of 2022. This is in recognition of the pain Americans are feeling at the pump due to recent gasoline price increases. Generally, taxpayers have the option...

Why the Owl Logo?

Traditionally, owls are thought of as wise, reserved, and calculated. While perched atop the uppermost branch of their forest habitat, they are able to see far and wide all of the forest activity below. The northern hawk owl is non-migratory, representing its strong...