On March 11, 2021, The American Rescue Plan Act included a provision to exclude $10,200 of unemployment compensation from taxable income if the taxpayer’s modified AGI was $150,000 or less. On April 1st, the State of Michigan notified taxpayers that they would...
To Our Valued Clients & Friends Tax time is always a crazy and fun time, and this particular tax season was accompanied by some additional opportunities, challenges and uncertainties. This was not only the case for the taxpayer, but also for their CPA’s and...
Are you a self-employed individual and a Schedule C filer? Have you received your PPP funds yet? If you have not received your PPP funds, or if you need to increase your original amount, then listen up! The Paychex Protection Program (PPP) is now allowing those who...
Are you a Farmer or a Rancher? Have you received your PPP funds yet? If you haven’t, then listen up! The Paychex Protection Program (PPP) allows Farmers & Ranchers to obtain Paycheck Protection funds using their 2019 or 2020 Gross Receipts, not net income....
Are you wondering how you can get your tax returns done properly and efficiently, while paying as little as possible, AND doing your part to reduce the spread of COVID-19? Whether you are used to curbside service and contactless shopping and delivery, or if...
