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Entrepreneurship: A Guide to Library Research

Resources to help launch a new business enterprise.

Online Resources -- Employees

Online Resources - Business Tax

VitalLaw This link opens in a new window
News, analysis, and legislation on federal, state, and international tax topics.
Formerly branded as Cheetah, VitalLaw includes the U.S. Master GAAP Guide with technical explanations of generally accepted accounting principles as documented in the Financial Accounting Standards Boards (FASB) Accounting Standards Codification (ASC).

Michigan Business Tax
The Michigan Business Tax (MBT), which was signed into law by Governor Jennifer M. Granholm July 12, 2007, imposes a 4.95% business income tax and a modified gross receipts tax at the rate of 0.8%. Insurance companies and financial institutions pay alternate taxes (see below). The MBT replaces the Single Business Tax, effective January 1, 2008.