Forbes.com Article From Stephen J. Dunn
Click here to access a new article from our Tax Attorney Stephen Dunn. The article discusses IRS Audits.
Forbes.com Article From Stephen J. Dunn Read MoreTax Law
Auditory Response
The risk of an IRS audit is increasing, particularly for small to medium-sized businesses. To a large extent this is driven by an administration that has so leveraged this country …
Auditory Response Read MoreHealth Care Timeline & Its Affect on the Tax Code
I recently read an interesting article “Health Care Reform Reshapes Tax Code” by Alistair M. Nevius, J.D. in the April edition of the Journal of Accountancy. This article provides a …
Health Care Timeline & Its Affect on the Tax Code Read MoreMichigan Supreme Court Allows Detroit Public Schools to Keep Funds Collected through Unauthorized Tax Levy
The Michigan Supreme Court’s March 30, 2010 ruling in favor of the Detroit Public Schools (DPS) allows DPS to keep millions of dollars that DPS collected improperly, by continuing to …
Michigan Supreme Court Allows Detroit Public Schools to Keep Funds Collected through Unauthorized Tax Levy Read More2009 Federal Tax Benefit for Qualifying Contributions for Haitian Earthquake Relief
The Internal Revenue Service is making a one-time, extraordinary allowance to taxpayers who make qualifying contributions for Haitian earthquake relief.[1] Individual taxpayers who itemize their deductions for 2009 may deduct …
2009 Federal Tax Benefit for Qualifying Contributions for Haitian Earthquake Relief Read MoreKeeping Property Tax Values Capped Upon the Death of a Joint Tenant
Under Michigan law, a property’s taxable value is capped and may not increase by more than the rate of inflation until ownership of the property is transferred. However, there are …
Keeping Property Tax Values Capped Upon the Death of a Joint Tenant Read MoreNew Energy Credits Available on your 2009 Michigan Tax Return
There are two new energy credits available to eligible taxpayers on their 2009, 2010 & 2011 Michigan tax returns. I am frankly shocked that these two credits where maintained during …
New Energy Credits Available on your 2009 Michigan Tax Return Read MoreWhen is a License Fee Really an Illegal Tax?
Faced with tighter budgets, Michigan cities and townships are looking for additional ways to raise revenue. Due to the Headlee Amendment, property tax increases are severely restricted. However, a municipality …
When is a License Fee Really an Illegal Tax? Read More2010 IRS Mileage Reimbursement Rate
Each December, the IRS sets the mileage reimbursement rate for the following year. If businesses choose to reimburse their employees for work-related driving, this is the rate at which such …
2010 IRS Mileage Reimbursement Rate Read MoreBusiness Purchasers: Beware of Seller’s Michigan Unemployment Tax Experience Account
If you are purchasing a Michigan business, then you need to be aware of Section 22 of the Michigan Employment Securing Act. If you are not aware of how Section …
Business Purchasers: Beware of Seller’s Michigan Unemployment Tax Experience Account Read More