Tax

Image of business people networking and eating at company picnic

Picnicking For The Fourth Of July?

Posted July 3, 2018

If you plan on throwing a company picnic this summer, you may end up enjoying a tax break along the way. … Read More

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Consider Creating An Accountable Plan

Posted June 27, 2018

Now that itemized deductions have been suspended through 2025, employees can no longer deduct unreimbursed business expenses. Fortunately, you can … Read More

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New Tax Credit For Small Business Owners

Posted June 6, 2018

Starting in 2018, employers can take advantage of a new credit for paid family and medical leave created by the … Read More

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IRS Increases 2018 Family HSA Limits

Posted May 9, 2018

The IRS has reinstated the $6,900 health savings account (HSA) contribution limit for family coverage through a high-deductible health plan … Read More

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Will I Pay More In State Taxes Because Of The New Federal Tax Law?

Posted April 25, 2018

Question: Will I pay more taxes to the State of Michigan because of the new federal tax legislation? Answer: … Read More

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Do You Need An Employer Identification Number?

Posted April 18, 2018

An Employer Identification Number (EIN) is used to identify a business entity. It's also referred to as a Federal Tax … Read More

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Should You Incorporate Your Business?

Posted April 11, 2018

If you're a business owner, one of the first questions to ask yourself is whether you should incorporate. The biggest … Read More

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Can’t Meet The Filing Deadline? You Have Options.

Posted April 4, 2018

If you haven't filed your 2018 federal income tax return and don't think you'll make the Monday, April 15, 2019 … Read More

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How State Of Michigan Defines Tangible Personal Property vs. Real Property

Posted March 28, 2018

The State of Michigan issued a revenue administrative bulletin in 2016 that aims to clarify the nature of property for … Read More

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How To Effectively Review Your Financial Situation

Posted March 21, 2018

Now is the perfect time to review your financial affairs. You've gathered all the information needed to prepare your tax … Read More