On September 18, 2018, the Department of Veterans Affairs (VA) amended the rules regarding eligibility for VA pension. These new rules will change VA planning drastically, including the following: 1. There is now a look-back period of 36 months when applying for needs-based pension benefits for wartime Veterans or for […]
The Tax Cuts and Jobs Act made several changes to ABLE accounts. ABLE accounts were created by The Achieving a Better Life Experience Act of 2014. They are authorized tax-advantaged section 529A accounts to help disabled people pay for qualified disability-related expenses. States can offer ABLE accounts to help people […]
A common complaint heard from landlords is that when tenants leave or are evicted, the landlord gets stuck with the unpaid water bill. By statute, the water departments of Michigan municipalities are entitled to liens against the property for unpaid water bills. MCL 123.162. The lien becomes effective immediately upon […]
Michigan Supreme Court holds that Michigan’s Recreational Land Use Act (MCL 324.73301(1)) bars a child’s common law negligence claim for injuries sustained while walking along a beach and stepping on hot coals that remained from a beach fire because “beach play” fit the plain meaning of “other outdoor recreational […]
Important Change for Businesses Subject to City Income Tax The Michigan Court of Appeals (COA), in an issue of first impression under the Michigan City Income Tax Act (CITA), has decided that, where a taxpayer’s service is provided to a client outside the city, it is to be considered an […]
The IRS reminds people seeking tax-exempt status to use the current version of application forms to avoid processing delays. The current version of Form 1023, Application for Recognition of Exemption Under Section 501(c)(3), is dated December 2017, and Form 1024, Application for Recognition of Exemption Under Section 501(a), is dated […]
