Michigan Tax Amnesty May 15, 2011!!
Put it on your calendar. If you have failed to file a return or pay a tax due to Michigan for taxes due prior to January 1, 2010, you may want to take advantage of Michigan's new Amnesty program beginning May 15, 2011 and ending June 30, 2011.
On October 5, 2010, the Governor of Michigan approved a bill (L.2010, S884, (P.A. 198) that creates a tax amnesty program to be held May 15, 2011 and end June 30, 2011. The taxpayer must make a written request for a waiver of all criminal and civil penalties for failing to file a return or failing to pay a tax due Michigan for any tax administered by the Department of Treasury.
The taxpayer must submit any unfiled returns or amended returns, and make full payment of the tax and interest due for any prior period not later than the last day of the amnesty period (June 30, 2011). Again, the amnesty applies only to taxes due prior to January 1, 2010.
Brian Strahle is the owner of LEVERAGE SALT, LLC where he provides state and local tax technical services to accounting firms, law firms and tax research organizations across the United States. He also writes a weekly column in Tax Analysts State Tax Notes entitled, "The SALT Effect." For more info, visit his website: www.leveragestateandlocaltax.com
You can reach Brian at email@example.com.
Because state and local taxes are deceptively simple and endlessly complicated.