Traverse City is a city in the U.S. state of Michigan. It is the county seat of Grand Traverse County, although a small portion extends into Leelanau County. It is the largest city in the 21-county Northern Michigan region. The population was 14,532 at the 2000 census. In 2008, the Traverse City micropolitan area was estimated to have a population of 142,316. Despite its modest population, Traverse City functions as the major commercial nexus for a seven-county area totaling over 2,700 square miles (7,000 km) and, along with cross-peninsula counterpart Alpena, is one of Northern Lower Michigan's two anchor cities. Traverse City is the "Cherry Capital of the World," holding an annual week-long Cherry Festival the first full week in July to celebrate. Besides cherries, the surrounding Tuscany-like countryside produces grapes, and is one of the centers of wine production in the Midwest. Tourism, both summer and winter, is another key industry. Freshwater beaches, a mild summer climate, upscale golf resorts, vineyards, a nearby National Lakeshore, prodigious snowfall, nearby ski resorts and thousands of square miles of surrounding forests make Traverse City (based on AAA's 2005 TripTik requests) the second most popular tourist destination in the state behind Mackinaw City. In addition, the historic downtown area of Traverse City is the home of many shops, restaurants, and offices. Traverse City is a home rule charter city under the Home Rule Cities Act, incorporated on May 18, 1895. The city is governed by six commissioners and a mayor, elected at-large. Together they comprise a seven-member legislative body. An appointed city manager serves as chief executive for city operations.

What is tax law?

Tax law is the codified system of laws that describes taxes on economic transactions. Tax attorneys advise and represent individuals and businesses on all types of tax issues -- including income tax, payroll tax, property tax, and estate and gift taxes. Tax attorneys ensure that their clients are in compliance with federal and state laws and regulations, and represent taxpayers in enforcement proceedings initiated by the Internal Revenue Service (IRS) and/or state taxation agencies.

Answers to tax law issues in Michigan

In the administration of any estate of a person who has passed away, there may be significant tax consequences. An...

At the federal level, the primary tax is the income tax. Most know this form of taxation by the completion of the...

The IRS can seize just about anything you own-including your home and pension plans. There is a list of items exempt...

The federal government imposes estate taxes only if your property is worth more than a certain amount at your death...

Most types of businesses-sole proprietorships, partnerships, corporations that have qualified for subchapter S...

Non-profits will want to apply for and obtain federal and state nonprofit tax exemptions. Many groups don't want to...

The Tax Relief and Health Care Act of 2006 made significant changes to the Informants Reward Program under the False...