News & Insights

Businesses With Employees Who Receive Tips May Be Eligible for a Tax Credit

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If you’re an employer with a business where tipping is customary for providing food and beverages, you may qualify for a federal tax credit involving the Social Security and Medicare […]

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Are You Eligible for a Medical Expense Tax Deduction?

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You may pay out a bundle in out-of-pocket medical costs each year. But can you deduct them on your tax return? It’s possible but not easy. Medical expenses can be […]

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New Michigan Tax Act May Help Deduct State and Local Taxes

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On December 20, Governor Whitmer signed into law PA 135 of 2021, which amends the Income Tax Act to create a flow-through entity tax in Michigan. This allows certain pass-through […]

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Michigan Personal Property Tax Legislation Updates

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There is certain to be a flurry of activity in the Michigan state legislature over the next few weeks, as deadlines approach for bills to be signed into law before […]

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2021 Year-End Tax Planning Guides

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As we begin to prepare for year-end, we recognize that 2021 was another one for the record books. A continued global pandemic, large-scale federal legislation inclusive of stimulus checks, infrastructure […]

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