October 9, 2011

Tax Relief Act of 2010

After much dissention and debate, Congress finally agreed to approve a temporary Bush Tax cut extension (through 2012 unless otherwise stated) for ‘everyone’ and extend unemployment […]
October 9, 2011

Repeal of the 2010 1099 Reporting Requirements

The long-awaited repeal of the expanded 1099 requirements was signed by President Obama on April 14, 2011! In 2010, Congress passed the Patient Protection & Affordable […]
October 2, 2011

UIA Tax Credit

Michigan Employers May Realize a UIA Tax Credit The State of Michigan Unemployment Insurance Agency (UIA-formerly MESC) will issue a state tax credit to employers who […]
October 1, 2011

City of Grand Rapids Income Tax Increase

By a 204-vote margin, on May 4, 2010, the City of Grand Rapids voters approved a 15.4% income tax increase. The Grand Rapids income tax will […]
October 1, 2011

NOTICE CONCERNING FEDERALLY DISREGARDED ENTITIES AND THE MICHIGAN BUSINESS TAX

According to the Michigan Treasury notice dated November 29, 2010, the department concluded that disregarded entities fit within the statutory definition of a “person” (MCL 208.1117). […]
July 19, 2011

Decrease in Federal Unemployment Tax???

Employers may have noticed that the instructions in your Employers Tax Guide (Publication 15) for computing FUTA tax reflect a .2% decrease after June 30, 2011. […]
July 6, 2011

Free App to Track Business Expenses

Expensify is a free app foryour iPhone/iPad, Android,WebOS, and BlackBerry device that allows you to track your business expenses while traveling. You can log your mileage,file expense […]
October 10, 2010

New Tanning Excise Tax

10% Tax on Tanning Effective July 1st As of July 1, 2010 customers will be paying more for tanning services. As part of the health care […]
October 7, 2010

Changes to FSA/HSA

Prepare for 2011 – Changes in qualifying expenses for your FSA / HSA The Affordable Care Act, signed into law in March 2010, created a new […]