Tweet Home Safe and Sound Sometimes it seems like things simply refuse to come together. Murphy’s Law comes to mind. You know the one: Anything that can go wrong will go wrong. Travel to Baltimore for a visit with my amazing 90+ year-old Mom, and my luggage goes somewhere else, arriving a day-and-a-half later. Take [...]
Tweet The Independent Accountants Association of Michigan has forwarded a letter to Michigan Lieutenant Governor Brian Calley outlining 9 suggested changes to the recently-released Michigan corporate Income Tax Proposal circulating amongst various business groups. IAAM supports the proposed business tax replacement based on its potential to create a more equitable business tax structure that will [...]
Tweet Blown Away at Breakfast! “Meet Me at Mimi’s” During a recent trip out east to visit my mother, the “hungries” hit when Ron and I were driving to Baltimore to pick up our flight back to Michigan. We decided to stop for breakfast. We pulled off of I95 in Frederick, Maryland, and there was [...]
Tweet At TechTown, we hold creativity as one of our core values. Our staff and entrepreneurs are encouraged to embrace and design creative solutions to the great challenge of rebuilding Detroit’s entrepreneurial culture. It’s our view that entrepreneurs and creatives are the perfect front-line partners to reposition Detroit, which is why we’re proud to take [...]
Tweet DETROIT — The U.S. Small Business Administration’s Michigan District Office is seeking small business owners for its third round of the Emerging 200 Initiative. Last year, 11 Detroit-based small businesses successfully completed this in-depth training program for senior executives. SBA partners with several Detroit organizations to deliver this program. “Along with our partners, we’re [...]
Company Vehicles Placed in Service in 2011
Tweet For companies providing vehicles to their employees (be they the owner or employees) there are limitations on depreciation that can be taken on an owned vehicle and there is an amount of income to be added back to the lessee for providing that vehicle to their owner or employee. Revenue Procedure 2011-21 provides the [...]
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Tweet We’ve narrowed down to six the similarities between the doggie world and the accounting world, gleaned from observing our clients and our canine staff. Here’s the sixth, and final, tongue-in-cheek similarity: Every accountant reacts favorably to a treat. Smiles of customers who owe less money to the government because of a well-laid plan are [...]
Tweet We’ve narrowed down to six the similarities between the doggie world and the accounting world, gleaned from observing our clients and our canine staff. Here’s the fifth tongue-in-cheek similarity: A good accountant speaks on command. Not just speaks on command, but prepares herself to speak to your particular concerns. Do you need an evaluation [...]
Tweet The Internal Revenue has announced that funds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007. In order to collect the money, a return for 2007 must be filed with the IRS no later than Monday, April 18, 2011. [...]
Tweet We’ve narrowed down to six the similarities between the doggie world and the accounting world, gleaned from observing our clients and our canine staff. Here’s the fourth tongue-in-cheek similarity: A caring accountant will walk by her client’s side. However, if that walk we’re talking about is into an audit at the Internal Revenue Service, [...]