Ideas & Insight

Meals and entertainment- have you been wondering what the new regulations are for deducting them from your business taxes?

Read this article about Michigan’s Minimum Wage Updates that we found super helpful written by Erica Jelik.

Introduction Starting February 21, 2025, Michigan will implement the Earned Sick Time Act (ESTA), a significant update to the state’s labor laws. This new legislation mandates that all employers provide paid sick leave to their employees, marking a substantial shift in worker rights and benefits. Key Provisions of the Earned Sick Time Act The ESTA […]

Introduction In a significant legal development, the U.S. District Court for the Eastern District of Texas has struck down the U.S. Department of Labor’s (DOL) new exempt salary thresholds rule. This rule aimed to increase the salary thresholds for exemption from overtime pay under the Fair Labor Standards Act (FLSA). This decision has far-reaching implications […]

This may be the last year to get tax breaks for energy saving purchases. Read the blog to find out more

Do you need to know how self-employment tax works? Here is a quick refresher for you.

Do you have employer issued nonqualified stock options? If so read on to find out the tax issues you may face with them.

In 2025 the amount that you and your employees can save for retirement is going up slightly. Read on to find out more.

A guide to business travel deductions. What qualifies as a business tax deduction and how to maintain the documentation to receive the tax credit.

We are happy to release our 2024-2025 Tax Planning Guide. This guide includes information and guidance for both businesses and individuals. If you have questions or if you would like additional information, please contact us.