Michigan Legislature Passes MBT Fix. Onto Governor for Approval
This past weekend, both the Michigan House and the Senate unanimously passed SB 1217 , a bill to fix the Michigan Business Tax (MBT) for construction contractors. SB 1217 brings clarity to the Michigan Business Tax to allow builders to deduct the cost of building materials, which was the intent of the original legislation passed last year. It is now on the Governor's desk where she is expected to sign it into law. Once passed, the legislation will apply retroactively to all business activity beginning January 1, 2008.
Read more: Michigan Legislature Passes MBT Fix. Onto Governor for Approval
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Challenges Facing Contractors in Today’s EconomyRead more...
By Sheldon Stone, Amherst Partners, LLC
In these uncertain economic times there are two certainties that exist: every prognosticator has an opinion; and all of them are wrong. A year ago, economists were telling us that an economic turnaround was certain in the second half of 2008; no one predicted the sub-prime crisis that began in the 4th ...
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ESD’s New HeadquartersRead more...
The Engineering Society of Detroit (ESD) has moved its company headquarters effective July 1, 2008. Their new, larger location is at 20700 Civic Center Drive, Suite 450, in Southfield. The new office is just a few hundred yards to the northwest of ESD’s old location in the Town Center. However, the new facility offers more than double the old space and includes a conference ro...
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Port Huron Hospital to Receive New Office BuildingThe Port Huron Hospital will soon have a medical office building to complement it. Construction is scheduled to commence in September 2008. Estimated at $10 million, the medical office building will be a two-story, 40,000-square-foot structure, located at the north end of the hospital’s campus. Construction is expected to take about 12 months. A.W. Ellis is serving as const...Read more...
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