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Round Up-March 2022

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THE GOVERNOR’S VETO PEN IS GETTING A WORKOUT, BUT IS GAS TAX RELIEF STILL ALIVE? – MI CHAMBER Late last week, Governor Whitmer vetoed a measure that would have provided […]

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Are You Ready for the 2021 Gift Tax Return Deadline?

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If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2021 gift tax return. And in […]

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There Still May be Time to Cut Your Tax Bill with an IRA

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If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it. If you’re […]

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The IRS Again Eases Schedules K-2 and K-3 Filing Requirements for 2021

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The IRS has announced additional relief for pass-through entities required to file two new tax forms — Schedules K-2 and K-3 — for the 2021 tax year. Certain domestic partnerships […]

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Establish a Tax-favored Retirement Plan

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If your business doesn’t already have a retirement plan, now might be a good time to take the plunge. Current retirement plan rules allow for significant tax-deductible contributions. For example, […]

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