Taxes - Withholding Tax

Withholding Taxes

Highlights

> Effective October 1, 2012, the income tax withholding rate will change to 4.25% and the personal exemption amount will change to $3,950. The pension and/or retirement benefit withholding rate will also change to 4.25%, however, there is no adjustment to the monthly pension deduction amount. Withholding Tables have been updated.
> Notice to Taxpayers Regarding Available Opt-Out from Flow-Through Withholding
> Withholding for Flow-Through Entities
> Webcast Presentation:
Withholding on Retirement Benefits
> 2012 Pension Withholding Guide
Effective January 1, 2012, Michigan law requires the administrators of pension and retirement benefits to withhold income tax on payments that will be subject to tax.
> New Businesses Webinar Presentation
> Michigan Business One Stop
A fast, easy and secure way to register a business for taxes in the State of Michigan. It also allows you to perform a variety of tasks to start and operate a business, including applying for permits and licenses.

View transactions, ask a question or review an answer to your question related to your Sales and Use Tax account

A fast, easy and secure way to register a business for taxes in the State of Michigan. It also allows you to perform a variety of tasks to start and operate a business, including applying for permits and licenses.