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Income Taxes

Monday, February 13, 2012

Denby Wants to Close Loophole on Prisoners Not Paying Sales Tax

Lawmaker who represents Hartland provides updates and views on various topics.

Did you know that nonprofit organizations and prisoners are the only two groups of taxpayers that don't pay sales tax? Although this is strange, it's absolutely true. To fix this loophole, I recently supported House Bill 4678 to end this special sales tax exemption for prisoners. It is not fair to you, the law-abiding residents of this state, to pay more for products and services than felons sitting in jail. It is only fair that prisoners share an equal burden with the taxpayers whose dollars support their incarceration. It is estimated that revenue collection from these prisoners will be at least half a million dollars each year. That's half a million dollars that can go towards services for Michigan's residents. This legislation is now …

NotLazy

11:46 am on Tuesday, February 14, 2012

Keith, I agree, it seems like more smoke and mirrors from Rep. Denby. It's too bad she socked it to the first responder pensioners, by taxing them first. The same people who put many of those prisoners where they are at in the first place.   more ›

Wednesday, February 8, 2012

Income Tax Time is Here

Hartland area tax professional offers tips and information; resources available online at state and federal websites.

It's only February, but "early birds" already are getting their state and federal income tax returns prepared. The good news for this year is, Michiganders have a couple of extra days to file their income taxes this year, and there aren’t a lot of changes in tax laws. On the other hand, the state government is changing laws on retirement taxes, charitable contributions and exemptions for next year’s filings, said Beth Yarmak, CPA, EA, of Yarmak & Co. in Hartland and Novi. The IRS expects to receive more than 144 million individual tax returns this year, with most of those being filed by the April 17 deadline, according to www.irs.gov. The change from April 15 is because April 15 is a Sunday, and Emancipation Day, a holiday in the District …

Karen Binkwaters

12:26 am on Saturday, February 11, 2012

The government is actually mailing me letters declaring that I have to pay $40,000. I've been searching for guidance to take care of all this and I chanced on this site ConsumerTaxReports.Org. It looks like an corporation that contacts tax relief companies and reviews them. If you're searching for a tax expert like I was, I might suggest you check out. http://www.ConsumerTaxReports.org   more ›

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