News & Insights
Michigan’s R&D Tax Credit: What Your Business Needs to Know
January 22nd, 2025
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By Matt Latham |
Business Tax Services |
Tax |
Tax Credits
On January 13, 2025, Governor Gretchen Whitmer signed HB 5100 and 5101 into law, ushering in a transformative opportunity for Michigan businesses. These bipartisan bills introduce a new Research and […]
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Qualified Charitable Distributions & Charitable Gift Annuities: Tax-Efficient Ways to Give
December 20th, 2024
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By Steven Guipe |
Business Tax Services |
Estate Planning |
Financial & Retirement Planning |
High Net Worth |
Succession Planning |
Tax |
Tax Credits |
Wealth Management
Giving to organizations and charities that are impactful in your community or around the globe is a cornerstone of leadership and success. Not only are you supporting impactful work, but […]
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IRS Ramps Up Compliance Enforcement Against Certain Businesses
July 22nd, 2024
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Business Tax Services |
Tax |
Tax Credits
The Inflation Reduction Act provided the IRS with billions of dollars of additional funding to reduce the so-called “tax gap” between what taxpayers owe and what they actually pay. The […]
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Better Tax Break When Applying the Research Credit Against Payroll Taxes
March 6th, 2024
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Tax |
Tax Credits
The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to certain eligible small businesses. Claiming the credit […]
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Update on IRS Efforts to Combat Questionable Employee Retention Tax Credit Claims
February 9th, 2024
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Business Tax Services |
Tax |
Tax Credits
The Employee Retention Tax Credit (ERTC) was introduced back when COVID-19 temporarily closed many businesses. The credit provided cash that helped enable struggling businesses to retain employees. Even though the […]