Tax Day 2024 and How to Get an Extension from the IRS
Tax Day is on Monday, Apr 15, 2024. Not ready to file? Submit an electronic request to the IRS for an extension ASAP!
Michigan is one of the few states that taxes on the federal, state, and local levels. This article contains our current research on Michigan taxes, including withholding requirements, local taxes, unemployment, income tax, and more.
Michigan is one of the few states that taxes on the federal, state, and local levels. This article contains our current research on Michigan taxes, including withholding requirements, local taxes, unemployment, income tax, and more.
Michigan Department of Treasury
Michigan Unemployment Insurance Agency
• Register as an employer by clicking here
• Michigan Withholding Exemption Certificate - MI-W4
• Several Michigan cities have withholding forms as well. A complete list can be found here (under Michigan)
• Withholding Method = 4.25% effective 1/1/2014
• Supplemental Rate = Withhold as for federal, Withhold at 4.25% if flat rate for federal.
For a complete list of city taxes click here.
Report quarterly wages and contributions by filing Form UIA 1028 (Employer's Quarterly Wage/Tax Report) by 25th day of month following end of quarter:
Benefit ratio formula
Wage base is $9,500 for 2014 Contribution rates range from 0.06% to 10 .3% for 2014 New employers use 2.7% in 2014
New construction employers 6.8% to 8.1%
None
Minimum Wage - $7.40, effective September 1, 2014 the new rate will be $8.15
Termination Pay - Fired/Quit - next regular payday.
Employers must report hiring, rehiring, and return to work within 20 days using Michigan New Hire Reporting Form 3281, or MI W-4 (Employee's Withholding Allowance Certificate) to:
New Hire Operations Center
P.O. Box 85010
Lansing, MI 48908-5010
Phone: 800-524-9846
Fax: 877-318-1659
To report online click here.
MiSDU
P.O. Box 30350
P.O. Box 30037 Lansing, MI 48909800-817-0805
To report online click here
Illinois, Indiana, Kentucky, Minnesota, Ohio, Wisconsin For paycheck calculation visit the Michigan Paycheck Calculator of PaycheckCity.
Tax Day is on Monday, Apr 15, 2024. Not ready to file? Submit an electronic request to the IRS for an extension ASAP!
IRS has updated tax brackets for 2024. See how this affects your first paycheck this year!
Check out the updated 2024 Federal benefit limits for 401(k), HSA, and simple IRA, and more. Stay informed and plan your finances with confidence!