2023 Tax Planning

2023 Tax Planning

With the end of 2023 in sight. Now, is perfect time to assess your tax situation for the coming years tax return. While we don’t know how 2023 will end for all of our clients, we can take a closer look at the expected outcome and get a better idea on any potential...
Missed the Tax Deadline?

Missed the Tax Deadline?

If you missed the tax deadline, these tips can help you get back on track. The tax filing deadline has come and gone. If you didn’t file a tax return or an extension, but should have, you need to take action now. Below are some tips to help you: There is no...
Schedule C Deductions for Businesses

Schedule C Deductions for Businesses

With the year coming to a close, now is a great time to start gathering and calculating your business expenses. If you started a new business or if you just need a refresher on what you can deduct as a business expense, we are here to assist. For the most part, you...
Schedule C Deductions

Schedule C Deductions

The year is coming to a close, so what a better time than now to start gathering and calculating your business expenses. If you started a new business or if you just need a refresher on what you can deduct as a business expense we are here to help. For the most part...
529 College Savings

529 College Savings

529 plans can be a great tool to use when saving for college expenses! Starting in 2024, there is a new aspect to these plans. You will now be able to rollover a 529 into a Roth IRA owned by the beneficiary of the 529. This is a great feature for those that might have...
Michigan Individual Income Tax Updates

Michigan Individual Income Tax Updates

Michigan Individual Income Tax Update As tax laws and regulations are constantly changing, we try our best to keep you abreast of those changes. Here we wanted to update you on a few changes from the Michigan Department of Treasury. State Income Tax Reduction for 2023...