Achieving Results, Exceeding Expectations

Hard at Work this Week: Tax Professionals and Tax Scam Artists

Today begins the final week of last minute tax preparation prior to next Monday’s filing date of April 18, 2016. This busiest of tax seasons is also the time when the bad guys, tax scam… Read More >

Tax Deduction Checklist

It’s tax preparation time in America.  Are you taking advantage of certain deductions and credits that may allow you to decrease your tax bill?  Here’s a few: Child and Dependent Care Credit: If you (and… Read More >

Michigan Cloud Tax Evaporates Somewhat, Refunds Could Follow

The Michigan Department of Treasury is now required to change  its tune with regard to remote access to software, commonly known as “cloud access” or “cloud software” In the recently adjudicated case Auto-Owners Ins. Co…. Read More >

Things Change and Things Stay the Same….Taxes in 2016:

While we don’t know the full impact of every last word of the Congressional budget, we have already been informed of several aspects of tax law that will change in 2016 and many things that… Read More >

IRS Scores a Win with Form 1023-EZ

Last summer, the Internal Revenue Service rolled out a new form, called 1023-EZ. Form 1023-EZ is a simplified, electronic application for non-profit tax exemption from federal income tax. The form was designed to be used… Read More >

EBITDA: I Can’t Even Say It, Let Alone Understand It

EBITDA is a six letter acronym, bandied about during contemplation and negotiation of purchases and mergers. EBITDA stands for Earnings Before Interest, Taxes, Depreciation, Amortization. EBITDA is often the gold standard by which interested parties… Read More >

November Tax To-Do List

November may seem like an unlikely time to think about your taxes, but it is actually a great time for a “check up” with your tax professionals, including tax attorneys and accountants for three good… Read More >

US Treasury Announces Delay in Key FATCA Component

In 2010, Congress passed the Foreign Account Tax Compliance Act (FATCA), but it did not become effective until July of 2014. Now, a key component of FATCA is being delayed, according to the U.S. Treasury… Read More >

Changes in Tax & Estate Law as a result of the Supreme Court Marriage Equality Decision

Following the US Supreme Court ruling in Obergefell v. Hodges, Same Sex Married Couples have new options and pitfalls when it relates to taxes and estate planning. Tax Filing Status: Any couple who has been married… Read More >

IRS Commissioner Talks About Ramifications of IRS Staff Reductions

Just a week prior to April 15th, also known as “Tax Day”, John A. Koskinen, the Commissioner of the Internal Revenue Service spoke at the gathering of the Urban-Brookings Tax Policy Center in Washington, D.C…. Read More >