Michigan taxpayers may owe more this year - My29 WFTC Minneapolis-St. Paul

Michigan taxpayers may owe more this year

Posted: Updated:
SOUTHFIELD, Mich. (WJBK) -

It's tax time! As you work on filing your taxes for home or businesses, there might be some surprises in store. Terry Conley, a tax partner who helps prepare individual and business taxes at Grant Thornton in Southfield says Michigan wage earners may be in for a surprise.

He says Gov. Snyder eliminated a component of the Michigan Business Tax.  As a result $1.4 million will be paid by Michigan taxpayers.

Click on the video player to hear more about who may see an increase of $500-$1,500.

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