
The firm is currently licensed in the States of Michigan and Florida
and is a member of the Michigan Association of Certified Public Accountants and the America Institute of Certified Public Accountants. The firm completed an in house peer review in September of 2003 and received an unqualified opinion.
The firm uses the Practitioners Publishing Company Practice Aids as a basis for all checklists and work programs. Specifically, this engagement would use the automated software edition (Guideware) designed for Audits of Governmental Units.
ESTATE TAXES
Many estates still have to file with IRS for 2010, even with no estate tax. Those with noncash assets exceeding $1.3 million must file Form 8939.
SECA TAXES
In September 2010, Congress passed a law to let self-employeds deduct their health premiums when they figure their SECA tax.
BUSINESS TAX
Individuals planning to buy stock in a small firm should act by December 31, 2010. Gain on a future sale will escape tax. [more...]