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 ...

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 ...

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 ...

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 ...

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 ...

The Internal Revenue Service is extending the transition period for revising claims for the research and development tax credit, which gives taxpayers 45 days to "perfect" a research credit claim for ...

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