June 2011 Client Bulletin
The June 2011 Client Bulletin is now available. Please click on the link below to view the full issue. This month's issue contains the following articles: Choosing the Right 401(k) Avoid Higher Medicare Premiums Small Businesses Fight Soaring Health Care Costs Tax Calendar For more information about these topics, please contact our professionals at 810-238-4617.
Michigan Tax Amnesty Program Begins May 15th
At Lewis & Knopf, CPAs, P.C., it is our priority to make sure you stay informed and "ahead of the game." We take a sincere interest in your financial well-being and are here to help you with any issues that may arise. With this in mind, due to the lack of amnesty programs throughout the…
IRS Opens Second Voluntary Disclosure Initiative
Time is of the essence in today's volatile financial environment, and you deserve to be informed first on important tax and accounting updates. At Lewis& Knopf, CPAs, P.C., our advisors understand your needs and are mindful of the issues you face. With this in mind, we wanted to make you aware of an important announcement alert…
May 2011 Client Bulletin
The May 2011 Issue of the Client Bulletin is now available. Please check out the publication for timely financial information that could affect you. The publication includes the following articles: With Savings Bonds, Prepaying Tax May Be a Good Tactic Use Appreciated Assets for Charitable Donations Going for the Gold Tax Calendar For more information…
April 2011 Client Bulletin
Below is a link to download the April issue of Client Bulletin. This month's issue contains the following articles: State Taxes Can Crimp Your Cash Flow Plan Now for Expanded 1099 Reporting Deduct, Don't Depreciate Be Sure About Beneficiaries Tax Calendar For more information about these topics, please contact our professionals at 810-238-4617.
Timely Information About Estate Tax Planning
How the new portable estate tax exclusion affects planning for married couples Effective for estates of decedents dying after 2010 and before 2013, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (2010 Tax Relief Act) allows a deceased spouse's unused exemption to be shifted to the surviving spouse. This Practice Alert…
Timely Information About Cost Segregation
Careful allocation between 1245 and 1250 property can boost first-year depreciation write-offs Businesses interested in maximizing their first-year write-offs have a powerful incentive to place new assets in service this year. Under Code Sec. 168(k), they can write off 100% of the cost of qualifying assets in the placed-in-service year. Most building costs are long-lived…
March 2011 Client Bulletin
The March 2011 Client Bulletin is now available. Please click on the link below to view the full issue. This month's issue contains the following articles. Income Tax Rates Hold Steady Easing the Burden of Estate Tax Tax Calendar For more information about these topics, please contact our professionals at 810-238-4617.