News & Insights
Low Income Housing Tax Credits & Pitfalls of Income Averaging
June 17th, 2021
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By Keith Pfeifle |
Tax Credits
The Consolidated Appropriations Act of 2018 created a new minimum set aside election for new Low Income Housing Tax Credit (LIHTC) projects. Income averaging is one of the set-aside elections […]
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Work Opportunity Tax Credit Extended Through 2025
March 5th, 2021
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Business Tax Services |
Tax |
Tax Credits
Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals from one or more targeted groups. Employers can qualify for […]
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Utilizing Employee Retention Credits for a Strong 2021
February 26th, 2021
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By Clayton Stiffler |
Business Tax Services |
COVID-19 Relief Services |
Tax |
Tax Credits
The construction industry experienced varying degrees of impact from the COVID-19 pandemic, with many jobs forced to either fully or partially shut down during Michigan’s shelter-in-place orders last spring. Companies […]
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Research and Development Tax Credits
July 17th, 2020
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Business Tax Services |
Tax |
Tax Credits
In order to reward and drive innovation, the federal government offers an incentive through the Research and Development Tax Credit (R&D). Many companies are either unaware of this credit or […]