2011 Coming to a Close

As we wrap up 2011 it is time to start organizing for tax filings. Contact our office right away if you are considering any last minute purchases or sales to get information on the possible tax benefits or costs associated with the timing. It is always heart breaking to learn of a transaction that was conducted after the fact when we could have made minor suggestions to save hundreds or thousands of dollars!

 

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For all of the UM Alumni out there, just had to share the info on the Sugar Bowl.

Click the image below to visit the Alumni site to “read all about it!”

UM Football Sugar Bowl

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Dave Ramsey on Reaching Goals

December 6, 2011

Proud to be a Dave Ramsey endorsed Ann Arbor CPA. When looking for a recommended accountant in Michigan it makes sense to consider a Dave Ramsey endorsed CPA who focuses on your long term and short term goals with accurate, honest advice. We liked this article in Dave’s recent newsletter, you can read it hear [...]

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UM beats Ohio State!

December 3, 2011

Go Blue! The win was needed and they delivered. Great job! Here is an article from Michigan Radio with all of the details. UM vs OSU game not the best, but one of the most important By John U. Bacon U of M quarterback Denard Robinson and other teammates celebrate their win over Ohio State [...]

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Home Sale Gains Exempt?

November 17, 2011

Profits on a home sale? Even in these difficult times for the real estate market, occasionally I have clients with real gains on their sale. It is important to take into consideration the tax ramifications of the transaction and plan accordingly. The IRS has released some new rules as relates to home sales. An excerpt [...]

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UM Football wins!

October 31, 2011

This is only taxing to Spartans! UM beat Purdue in the big house last Saturday. While the Spartans lost to Nebraska. This all adds up to an important game against Iowa next Saturday. A convincing, dominant 36-14 rout of Purdue on a picture-perfect Saturday afternoon at Michigan Stadium. And while the Wolverines were turning up [...]

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Have you overpaid the IRS?

October 24, 2011
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IRS Changes Tax Rules on Cell Phone Use

September 27, 2011

Rule change benefits employee, not employer IR-2011-93, Sept. 14, 2011 WASHINGTON — The Internal Revenue Service today issued guidance designed to clarify the tax treatment of employer-provided cell phones. The guidance relates to a provision in the Small Business Jobs Act of 2010, enacted last fall, that removed cell phones from the definition of listed [...]

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Managing taxes to build wealth.

September 13, 2011

    Donald Strom, CPA is an endorsed Tax Services Professional by Dave Ramsey.  

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