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Biden Administration’s FY 2023 Budget Plan Calls for Corporate, High Net Worth Individual Tax Hikes

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The Biden administration’s fiscal year 2023 budget blueprint, released on March 28, consists of a mix of familiar proposals and brand-new initiatives that reflect the President’s policy objectives. The proposals […]

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Congress Eyes Further Retirement Savings Enhancements

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In 2019, the bipartisan Setting Every Community Up for Retirement Enhancement Act (SECURE Act) — the first significant legislation related to retirement savings since 2006 — became law. Now Congress […]

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Round Up-March 2022

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THE GOVERNOR’S VETO PEN IS GETTING A WORKOUT, BUT IS GAS TAX RELIEF STILL ALIVE? – MI CHAMBER Late last week, Governor Whitmer vetoed a measure that would have provided […]

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Are You Ready for the 2021 Gift Tax Return Deadline?

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If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2021 gift tax return. And in […]

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There Still May be Time to Cut Your Tax Bill with an IRA

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If you’re getting ready to file your 2021 tax return, and your tax bill is more than you’d like, there might still be a way to lower it. If you’re […]

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