News
Latest Updates
Latest News
Wisconsin Manufacturer of the Year Finalists Announced
MADISON – Nearly two dozen Wisconsin manufacturers have been selected as finalists for the 36th Annual Manufacturer of the Year (MOTY) Awards. The MOTY program,
UPCOMING EVENT
Business Day in Madison will take place on Thursday, October 19, 2024 at the Monona Terrace Community & Convention Center. This event brings business leaders from all over the state together to discuss important issues facing the business community and our state. We invite you to attend what is certain to be an insightful program.
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WMC's Latest Employer Survey
A new survey of Wisconsin businesses previewed a slow economic start to 2024, as only one-fifth of employers have a positive view of the state’s economy. According to the Wisconsin Employer Survey, 22 percent of businesses rank the Wisconsin economy as strong, which is a significant drop from 39 percent just six months ago and a steady decline from 58 percent in the Summer 2021 survey.
However, the national economy performs even worse with only 10 percent rating it as strong and 28 percent saying it is weak – up from 18 percent one year ago. This abysmal rating of the national economy is actually lower than the 12 percent of Wisconsin employers who rated the U.S. economy as strong in the Summer 2020 survey, which was taken during the economic shutdowns that occurred in response to the COVID-19 pandemic.
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WISCONSIN'S CHAMBER
News and Updates
Elimination of Eighteen Business Tax Credits
The 2013-15 state budget eliminates seventeen business tax credits in 2014 and one in 2015 with the intent of simplifying the state tax code. Each
Clarifications to the Manufacturing R&D Sales Tax Exemption
The 2009-11 state budget created a sales and use tax exemption for manufacturing and biotechnology research. This exemption applies to businesses primarily engaged in manufacturing
Phase-In of the Health Insurance Premium Deduction
The 2007-09 state budget created an individual income tax deduction for health insurance premiums paid by employees whose employer pays some portion of the employee’s
WMC’s 2013 Tax Policy Toolkit
The 2013-15 state budget includes significant tax policy reforms that will improve the business climate in Wisconsin, including tax relief amounting to nearly $986 million
Extending the R&D Tax Credit to Pass-Through Entities
Under previous Wisconsin law, only C corporations were eligible to claim the federal research & development expense credit at the state level. The 2013-15 state
Federalizing Net Operating Loss Rules
The 2013-15 state budget adopts federal rules for net operating losses for individual income tax. Beginning in 2014, net operating losses can be carried forward