Coprorate Transparency Act (CTA):  

March 26, 2025 UPDATE: FinCEN no longer requires U.S.-created entities to report beneficial ownership info (BOI). Only foreign-formed entities registered in the U.S. must report. Foreign companies have until April 25, 2025, to comply.

Identity Theft: If you have been a victim of tax related identity theft, please check this link from the IRS.  It will help you through the maze of getting this fixed.  http://www.irs.gov/Individuals/Identity-Protection 

IRS Scams:  IRS Scaming has now hit Clinton County. It may be through e-mail, phone or text message. Please be aware that IRS will not call and demand money without first sending a paper bill (usually by registered mail). Please read the article on the IRS Website for more information on what to do if you are called-

https://www.irs.gov/newsroom/security-summit-partners-warn-tax-pros-of-heightened-fraud-activity-as-filing-season-approaches

Michigan minimum wage    Check it out on the Employment Forms and Links page!  LEO - Michigan Minimum Wage Rate 2025 Increase Schedule

Michigan Sick Leave   See frequently asked questions regarding the new required Sick Leave at LEO - Frequently Asked Questions FAQ  

2025 Standard Mileage Rates 

Beginning January 1, 2025, the standard mileage rates for the use of a vehicle will be: 

• .70 cents per mile driven for business purposes - (2024 was .67) 
• .21 cents per mile driven for medical or moving purposes (2024 was .21) 
• .14 cents per mile driven in service of charitable organizations (no change)   IR 2024-312 contains the standard mileage rates for 2025, the amount a taxpayer must use in calculating reductions to basis for depreciation taken under the business standard mileage rate and the maximum standard automobile cost that a taxpayer may use in computing the allowance under a fixed and variable rate plan.