News & Insights

Three Tax Credit Opportunities for Manufacturers Under the Inflation Reduction Act

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In 2022, Congress passed the Inflation Reduction Act (IRA), a broad piece of legislation featuring provisions to advance clean energy production and domestic manufacturing capacity. Changes to tax credits and […]

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Does Your Municipality Need Bank Reconciliations? Ensure Your Records Match the Bank’s.

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A bank reconciliation is a process that compares the records of a local government’s bank account with the local government’s financial records.   When a local government makes a deposit […]

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What’s in the Fiscal Responsibility Act?

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President Biden has signed into law the new debt ceiling agreement that he reached with U.S. House of Representatives Speaker Kevin McCarthy (R-CA). The Fiscal Responsibility Act (FRA) suspends — […]

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Avoid Succession Drama With a Buy-Sell Agreement

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Recently, the critically acclaimed television show “Succession” aired its final episode. If the series accomplished anything, it was depicting the chaos and uncertainty that can take place if a long-time […]

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Michigan Sales and Use Tax Changes

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On April 26, 2023, Governor Whitmer signed Public Acts 20 and 21 of 2023 which alters the way businesses charge sales and use tax. Beginning on April 26, 2023, most […]

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