Michigan’s New Research Tax Credit: A Game-Changer for Small and Mid-SizedBusinesses
Unlocking Innovation Incentives for Michigan Businesses For years, Michigan has been a hub for manufacturing, technology, engineering, and life sciences. Now, with the introduction of the new Michigan State Research Tax Credit, beginning in the 2025 tax year, businesses across the state—particularly small and mid-sized enterprises (SMEs)—have a fresh opportunity to reduce tax liability while … Read more