A new year means new tax figures for individuals
December 30, 2025 | Paula Kennedy, EA
2026 brings new tax figures for individuals. Read this blog to find out how you may be affected.
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Renting to a relative? Watch out for tax traps
January 7, 2023 | Megan Kosciolek, EA, MST
If you own a home and rent it to a relative, you may be surprised to find out there could be tax consequences. Quick rundown of the rules Renting out a home or apartment that you own may result in a tax loss for you, even if the rental income is more than your operating […]
Save for retirement by getting the most out of your 401(k) plan
December 28, 2022 | Paula Kennedy, EA
Tips on how to get the most out of your 401(K) Plan
What Business Owners Need to Know: Guaranteed Payments and the QBI Deduction
December 22, 2022 | Megan Kosciolek, EA, MST
Business owners quick guide to Guaranteed Payments and QBI Deductions.
2023 Q1 tax calendar: Key deadlines for businesses and other employers
December 22, 2022 | Ryan Burke, CPA, MSF
Read to learn all about key deadlines for 2023 Q
Selling stock by year-end? Watch out for the wash sale rule
December 19, 2022 | Paula Kennedy, EA
Don’t sell your stock shares at a loss until you read about the wash sale rule.
Federal Student Loan Forgiveness 101
December 16, 2022 | Ryan Burke, CPA, MSF
Everything You Wanted to Know about Federal Student Loan Forgiveness but Were Afraid to Ask.
Do you qualify for the QBI deduction? And can you do anything by year-end to help qualify?
December 15, 2022 | Megan Kosciolek, EA, MST
Read to learn if your business qualifies for a QBI deduction.
Minimum Wage in Michigan Increases on January 1, 2023
December 13, 2022 | Kaitria LaFleure
Starting to take effect on January 1, 2023 the minimum wage in Michigan: Will increase from $9.87 to the new rate of $10.10. This is a $0.23 increase from the current rate. The 85% rate for minors aged 16 and 17 will increase from $8.39 to $8.59 per hour. This is a $0.20 increase from […]
Choosing a business entity? Here are the pros and cons of a C corporation
December 10, 2022 | Ryan Burke, CPA, MSF
Summary of the advantages and disadvantages of starting a C-Corporation.
Strategies for investors to cut taxes as year-end approaches
December 7, 2022 | Brian Hare, CPA, CGMA
Tax-harvesting. When is the right time to use this strategy?