Michigan R&D Tax Credit Filing Instructions
To claim the Research and Development (R&D) tax credit in Michigan, businesses must first submit a tentative claim to the Michigan Department of Treasury. 1 For R&D expenses incurred during the 2025 calendar year, this tentative claim must be filed by April 1, 2026. 2 For all subsequent calendar years, the tentative claim is due by March 15 of the following year. 3 This initial submission must identify the unadjusted credit amount and include certain required information, such as qualified research expenses (QREs) incurred, and if applicable, QREs from collaboration with a Michigan research university. 1 While the Department of Treasury specifies that this tentative claim must be submitted “in a form and manner prescribed by the Department,” a dedicated, distinct form number for this initial tentative claim has not been widely published as of the current information. Businesses will then report the actual R&D credit on their annual corporate income tax return or withholding tax return for flow-through entities, which will be filed after the tentative claim and typically use a specific line or schedule on the main tax return to claim the credit.
Michigan Patent of the Year – 2024/2025
Diet ID Inc. has been awarded the 2024/2025 Patent of the Year for revolutionizing dietary assessment. Their invention, detailed in U.S. Patent No. 12073935, titled ‘Systems and methods for diet quality photo navigation utilizing dietary fingerprints for diet assessment’, introduces a groundbreaking approach to evaluating diet quality through image-based pattern recognition.
The patented technology enables users to assess their dietary habits by selecting images that best represent their typical food intake. This intuitive method leverages composite images of dietary patterns, allowing for quick and accurate evaluations without the need for detailed food logging or recall. The system generates personalized dietary assessments in under a minute, providing insights into diet type, quality, and nutrient intake.
Diet ID’s innovation addresses the limitations of traditional dietary assessment methods, which often rely on time-consuming and error-prone techniques like food diaries and recalls. By utilizing image vignettes that form digital fingerprints of dietary patterns, the system offers a scalable and user-friendly solution for individuals and healthcare providers alike.
Validated against conventional methods and biomarkers, Diet ID’s approach has shown robust performance, making it a promising tool for improving dietary habits and overall health outcomes. With this patent, Diet ID Inc. is poised to make significant strides in the field of digital health and nutrition.