On January 13, 2025, Michigan Governor Gretchen Whitmer signed legislation (Michigan House Bill No. 5100) establishing a research and development tax credit (the “Michigan R&D Tax Credit”) in Michigan ...

Discover how R&D investment fuels innovation, increases profits, and strengthens your business with long-lasting competitive ...

HB 5100 and HB 5101, as passed by the Michigan House of Representatives and Senate, and to be signed by Governor Gretchen Whitmer, provide a new income tax credit. For tax years beginning on and after ...

Gov. Gretchen Whitmer (L) and Lt. Gov. Garlin Gilchrist (R) at the bill signings at Michigan Central in Detroit, Jan. 13, 2025 | Whitmer office photo In the Newlab workspace at the newly renovated ...

In recent years, research and development (R&D) tax credits have played an instrumental role in driving innovation and stimulating growth in various industries across the United States. Now, the ...

As technological breakthroughs and a renewed focus on American manufacturing increasingly motivate policymakers in Washington, research and development have become a critical concern for businesses ...

Forbes contributors publish independent expert analyses and insights. I write about tax policy and how it affects business. The election results certainly bring a new day when it comes to taxes – ...

Michigan will bring back a research-and-development tax credit for businesses and launch a new fund to foster startup companies under bills signed into law by Gov. Gretchen Whitmer on Monday. The ...

Detroit — Gov. Gretchen Whitmer on Monday signed into a law a series of bills hailed as "game-changing" that will create grants to stir up entrepreneurship in Michigan and offer tax credits for ...

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We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...