News & Insights

Many Business Tax Limits Have Increased in 2025

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A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but with inflation cooling, the increases aren’t as great as they […]

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New Changes by the IRS to Look Out for in the 2025 Filing Season

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By Caroline Huffman  The filing season starts January 27, 2025, and a few changes were made just in time for the start of this new season.   The IRS expects more […]

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Michigan’s R&D Tax Credit: What Your Business Needs to Know

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On January 13, 2025, Governor Gretchen Whitmer signed HB 5100 and 5101 into law, ushering in a transformative opportunity for Michigan businesses. These bipartisan bills introduce a new Research and […]

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Navigating the Stock Market Ahead of the 2025 Presidential Inauguration: Insights from a Certified Financial Planner

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As the 2025 U.S. presidential inauguration approaches, the political landscape is in a bit of flux. Investors are keenly watching to understand how this transition might impact the stock market […]

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How Section 1231 Gains and Losses Affect Business Asset Sales

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When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs the treatment of gains and […]

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