Taxes and Incentives

  

Taxes

&

Incentives……..

  

  


Free Tax Preparation 

Volunteers from local community organizations help prepare basic tax returns for the elderly and for low- to moderate-income citizens (approximately $49,000 and below). 

This service is available through the following main resources. Contact these organizations for their days and hours of operation and locations: 1) Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) at 1-800-906-9887.

2) AARP at 1-888-227-7669 or visit their Web site at www.aarp.org/money/taxes/aarp_taxaide/.

Michigan Business Tax:

  • Business Tax Registration: 517-373-0888
  • Motor Fuel & Tobacco Taxes: 517-373-3180
  • Sales, Use & Withholding Taxes: 517-373-3190
  • Single Business Tax: 517-373-8030

The Details

The Michigan Business Tax (MBT) taxes apportioned business income at 4.95% and apportioned gross receipts (minus purchases from other firms) at 0.8%. A surcharge of 21.99% is applied to the income tax and gross receipts tax prior to credits. The MBT is apportioned to Michigan on a single sales factor. Companies are required to file as a unitary group.

The Credits

The MBT provides credits for small business, entrepreneurs and others, while crediting expenditures on:

  • capital investment
  • research & development
  • compensation
  • industrial personal property taxes
  • myriad of other expenditures

For More Information On The MBT:

Personal Income Tax

Michigan’s personal income tax rate is one of the the lowest in the nation – a flat 4.35% tax rate that is scheduled to decline in the next few years. 

  • Tele-Help: 1-800-827-4000. Call anytime for recorded information on income tax and property tax credit topics.
  • To check on your Refund: 1-800-827-4000 Allow at least 8 weeks for processing your refund before calling the Computerized Refund Information System (CRIS). 
  • For More Information: Michigan Taxes Web site

Important Numbers for Tax Matters

Customer Service Individual ………………………..517-636-4486
Order Tax Forms Individual………………………….517-636-4486
Customer Service Business……………………………517-636-6925
Registration for New Businesses……………………..517-636-6925
Treasury’s Collection Division……………………….517-636-5265
IRS Hotline……………………………………………….800-829-1040
IRS Business Line (includes non-profit info)……….800-829-4933
 

Additional Numbers

  • Michigan Education Trust (MET): 1-800- 638-4543 or 517-335-4767. Call to receive general information, an application to purchase a MET contract, or to be added to the MET mailing list.
  • Unclaimed Property: 517-335-4327. Visit Treasury’s web site to see if the State of Michigan is holding unclaimed funds in your name.
  • Treasury Information: 517-373-3200.  Deaf, hearing and speech impaired persons may call 517-373-9419 (TTY).
  • Taxpayer Advocate: Michigan Depart of Treasury, 430 W. Allegan Street, Lansing, MI 48922
  • Tax Forms by fax: 517-241-8730.  Call from a fax phone to have current Michigan tax forms sent to your fax machine 24 hours a day/365 days a year.
  • Forms & Publications: 1-800-367-6263 for 517-373-6598.  Call  anytime to request forms and related publications.
  • Tax Assistance: 1-800-487-7000.  Department representatives are available to answer your Michigan tax questions.

Tax Credits, Incentives & Rebates

Consumers Energy (Electric)
Rebates up to $350 for efficient heating and cooling system upgrades and efficient appliances.
 
Consumers Energy (Gas)
Rebates up to $860 for boilers, furnaces, programmable thermostats, water heaters and pipe wrap.
 
Efficiency United (Gas)
Free weatherization products and services plus rebates for energy audits, ENERGY STAR clothes washers, furnaces, water heaters, set-back thermostats, boilers, windows, air sealing and insulation.
 
Efficiency United (Gas)
Rebates equal to 50% of the job cost up to $3050 for energy efficiency improvements including: HVAC, insulation, windows, doors and more; $300 rebate for energy audit.
 
Lansing Board of Water & Light
Rebates on efficient equipment including room AC units, central AC, furnaces with ECM motors, dehumidifiers, refrigerator and freezer recycling and more.
 
Michigan
Tax credits for insulation, water heaters, furnaces, windows, refrigerators, clothes/dish washers, at 10% of installation cost for both single and joint filers.
 
Michigan Saves
Loans for energy efficiency improvements including windows, HVAC, water heaters, appliances, solar and more.
 
US Government
Rebates and incentives from utilities for efficiency are not taxable.
 
US Government
Federal tax credit of 30% of cost for solar panels, wind energy, solar water heaters, geothermal heat pumps and fuel cells.
 
US Government
Federal tax credit of 10% up to $500 of cost for energy efficiency upgrades like heat pumps, furnaces, air conditioners, insulation, water heaters, windows, doors and roofs.
US Government
Loans from FHA, VA and other lenders for energy efficiency upgrades and renewable energy upgrades like solar panels and passive solar space heaters.
 
US Government
Grants for energy generation, transmission and distribution facilities in rural communities. 
 

News You Can Use

Tax Teams Available to Help Employers as Tax Time Approaches