News & Insights

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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The IRS Again Eases Schedules K-2 and K-3 Filing Requirements for 2021

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The IRS has announced additional relief for pass-through entities required to file two new tax forms — Schedules K-2 and K-3 — for the 2021 tax year. Certain domestic partnerships […]

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Michigan Flow-Through Entity Tax Webinar

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Could Your Business Benefit from Michigan’s New Tax Law? At the end of 2021, the state of Michigan passed a new amendment to the Income Tax Act, allowing a flow-through […]

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New Michigan Tax Act May Help Deduct State and Local Taxes

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On December 20, Governor Whitmer signed into law PA 135 of 2021, which amends the Income Tax Act to create a flow-through entity tax in Michigan. This allows certain pass-through […]

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2021 Year-End Tax Planning Guides

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As we begin to prepare for year-end, we recognize that 2021 was another one for the record books. A continued global pandemic, large-scale federal legislation inclusive of stimulus checks, infrastructure […]

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