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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Saturday, September 23, 2006

Michigan Governor Signs Earned Income Credit; Minmum Wage Changes

Low-income residents in Michigan will see up to $880 in income tax benefits next year under legislation signed Friday in Flint by Governor Jennifer Granholm, and federal exemptions will still apply to persons earning the minimum wage in effcct October 1 at $6.95 per hour. Under another bill the governor signed, teens will earn slightly less than the minimum wage.

Senate Bill 453 http://www.legislature.mi.gov/

posted by Milt Baker CPA | 10:02 AM

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