Tax time may be over, but before you store your return in the attic, take a moment to review it. According to the Michigan Association of CPAs, you’ll find that…
Day: December 18, 2013
Record Retention Guide
Clients are always calling our office asking how long we recommend they keep their financial records. Keeping good personal and business records is helpful for many reasons besides just taxes,…
Identity Theft & Fraudulent Tax Returns
This past tax season we received many phone calls from clients complaining or concerned about the long length of time it took for them to receive their refunds. The delays…
Common Itemized Deductions
A standard deduction is a fixed amount of tax deductions from income that a taxpayer may choose to make without having to itemize them. (Standard Amounts = Single $5,700; Married…
5 Financial Tips for Single People
Almost half of all adult Americans—or nearly 100 million people—either have never been married or are divorced or widowed. Many of these people incorrectly decide that financial planning is something…