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Property Tax Exemptions Recovered
November 2, 2015
A principal residence exemption (PRE) exempts a residence from the tax levied by a local school district for school operating purposes up to 18 mills. To qualify for a PRE, a person must be a Michigan resident who owns and occupies the property as a “principal residence.” This “principal residence” issue becomes very significant for […]
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Statutory Conversion: Recent Rulings Provide Clarity and Relief for Litigation Plaintiffs
July 6, 2015
(July 7, 2015) Statutory conversion (i.e., civil theft) under MCL § 600.2919a permits a plaintiff to sue a defendant for “converting property to [that] person’s own use.” It is an often-alleged claim by Michigan plaintiffs, and for good reason. A successful statutory conversion claim opens the door to recovering treble damages and legal fees, and with […]
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Employers: Get Ready to Pay More Overtime
June 30, 2015
(June 30, 2015) The proposed regulations released today by the Department of Labor (DOL) aim to increase the salary basis test to $970 per week, or $50,440 per year for a full-time salaried worker. If finalized as written, the new rules will double the basis for salary exemption, which is currently set at $455 per […]
