We always like to say “Don’t be charitable ONLY for the tax deduction.” However, we also know there is an incentive to do so, especially when receiving a tax deduction. That doesn’t mean we don’t want you to maximize your tax benefit; we...
As tax and accounting professionals in the financial industry, we here at Senter CPA recieve lots of questions during our client consultations and reviews. Providing thoughtful advice taylored specifically to our client is our expertise. We take much pride in...
Tax planning is the process of managing your financial plan with the goal of reducing your tax liability and safeguarding assets at the federal and state level. Most tax planning involves deductions, credits and current vs. future tax rates. When tax planning, you...
The reason I chose to become an accountant in Clarkson, Michigan was due to my family, which consists of my beautiful wife, Cassie, and our three children, Ben (12), Waylon (4) and Charlotte (2); you can imagine how much they all mean to me. As many of you already...
Collaboration with your accountant or other industry professional may seem like a daunting task. The COVID-19 pandemic changed most traditional practices of getting your taxes prepared, reconciling your balance sheet or preparing financial statements. Assembling a...