PURE MICHIGAN SMALL BUSINESS RELIEF INITIATIVE

The Pure Michigan Small Business Relief Initiative will utilize federal CARES Act funding to provide $10 million in grants to meet the urgent need of Michigan small businesses disproportionately impacted the COVID-19 virus. 

Applications for businesses to apply will open on December 15, 2020. 

Find more information here.

BUSINESSES HAVE MORE TIME TO MAKE DECEMBER 20 TAX PAYMENT

Entertainment, recreational venues, and restaurants that depend on indoor dining now have additional time to make their December 20 sales, use, and withholding tax monthly payment. Qualified businesses can postpone filing and payment requirements until Jan. 20, 2021. The state Treasury Department will waive all penalties and interest for 31 days.

Find more about the Treasury announcement here.

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