News & Insights
News
Insights
Recent Posts
- Consider an Installment Sale to Optimize Taxes When Selling Your Business
- 5 Year-End Tax Planning Strategies for Businesses
- 5 Tax-Smart Ways to Take Cash Out of Your C Corporation
- New Law Extends Tax Relief for Disaster-Related Personal Casualty Losses and More
- When One Revenue Source Carries Too Much of the Mission
- Trump Accounts Are Here: What Families and Employers Should Know
- Watch Out for the Growing Reach of the Additional 3.8% Tax on Investment Income
- How to Avoid and Correct Common Payroll Tax Mistakes
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Inside Your Audit: Reviewing Expectations on What Local Governments Should be Asking Their Auditor
Audits are one of the most valuable tools available to local governments. At their core, the purpose of an audit is for the independent auditor to express an opinion on…
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The Audit Findings That Never Seem to Go Away – And How Municipalities Can Fix Them
Audits are designed to improve accountability, strengthen internal controls, and reduce risk. Yet year after year, many municipalities continue to receive the same findings during financial statement audits. But why…
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Knowing What’s Coming: Why Every Local Government Needs a Capital Improvement Plan
A Capital Improvement Plan (CIP) is one of the most critical strategic tools available to local government. Whether for a city, village, township, or county, the CIP answers the fundamental…
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Three Key Considerations for Effective Grant Management in Local Governments
Grants are a critical funding source for local governments, supporting everything from infrastructure improvements to public safety initiatives and community development. However, securing grant funding is only the first step. …
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Where a Management Letter Ends and a Process Review Begins
Municipalities face increasing public scrutiny, tighter budgets, and complex compliance requirements. Financial statement audits are required for municipalities in Michigan and provide essential oversight – but they’re designed to say what happened, not why…