IRS Addresses Common Tax Refund Myths The IRS has addressed various myths regarding tax refunds, and reminded taxpayers that there is no secret way to find out when a refund will be issued. The IRS also commented on processing delays for ...
Treasury, SBA Announce Release of PPP Loan Data Treasury and the Small Business Administration (SBA) announced on July 6 the public release of data regarding specific loans issued under the Paycheck Protection Program (PPP)."The PPP is providing mu...
CARES Act Waives RMDs for IRAs and Retirement Plans The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) ( P.L. 116-136) waives required minimum distributions (RMDs) during 2020 for IRAs and retirement plans, including beneficiaries ...
IRS Postpones Deadline for CHNA Requirements The IRS has further postponed, until December 31, 2020, the deadline for performing any community health needs assessment (CHNA) requirements due to be completed on or after April 1, 2020, and before ...
More Retail Partners Accepting Cash Federal Tax Payments The IRS announced that additional retail partners are accepting cash payments for federal taxes. This option may be used by individuals and business taxpayers. The IRS’s continuing partnership w...
GAO: Tax Compliance Challenges Confront Platform Workers According to a report released by the Government Accountability Office (GAO), various tax compliance challenges confront "platform workers" who often lack access to information about their e...
NTA Releases 2021 Objectives Report National Taxpayer Advocate (NTA) Erin M. Collins released an objectives report to Congress on June 29. The report identifies taxpayer challenges arising from the COVID-19 pandemic, the Coron...
MI - Rules on marijuana licenses authorized For sales tax and marijuana excise tax purposes, the Marijuana Regulatory Agency has issued rules for marijuana licensees under the Medical marihuana facilities licensing act and the Michigan regulati...
Providing tax and accounting services for individuals, fiduciaries, and closely-held companies.
Located in Ann Arbor, MichiganOffice Phone (734) 994-7500.----------------------------------------------------------------As you may suspect, we are aware that our country is in the middle of a serious health related emergency. Pursuant to Governor Whitmer's Executive Order, we are closing our office until at least April 13th. You may continue to contact us using the contact information on our website. Please do not leave voicemails at our main office contact number, as this will not be reviewed.*******************************************On March 20th, the Secretary of Treasury announced that the deadline for filing 2019 federal income tax returns, as well as the deadline for paying federal taxes due April 15th, has been extended until July 15th. The reaction of state income tax departments to the emergency has varied widely from state to state.
