Highlights of Key Tax Implications of the Healthcare Reform Legislation
To our clients and friends, By now you have probably heard the healthcare reform bill (Patient Protection and Affordable Care Act) was recently signed into law by President Obama on March 23rd, while the amendment to the bill (Health Care and Education Affordability Reconciliation Act of 2010) is expected to be signed in the coming…
March 2010 Client Bulletin
The IRS has announced optional standard milage rates for tax deductions in 2010. The rates are 50 cents per mile for business driving, 16.5 cents per mile for medical or moving, and 14 cents per mile for charitable volunteer work.
Local Accountants Receive Promotions
Lewis & Knopf CPAs, P.C. recently announced the promotions of Joel Gibbons and Akshay Kapoor, CPA. Gibbons, formerly a junior accountant, joined Lewis & Knopf in 2007. In his role as senior accountant, he specializes in audit services for auto dealerships and school districts. In addition, Gibbons offers tax preparation services to construction and manufacturing…
Lewis & Knopf CPAs, P.C. Announces New Managing Principal
The local certified public accounting firm of Lewis & Knopf CPAs, P.C. is pleased to announce Anita Abrol, CPA has been named Managing Principal effective January 1, 2010. “Over the years, Anita has demonstrated the leadership, motivation, people skills and financial expertise necessary to be a strong firm leader,” says Thomas Shade, CPA, former Managing…
February 2010 Client Bulletin
A tax credit offered to home buyers was extended and expanded in The Worker, Homeownership, and Business Assistance Act of 2009 (WHBA Act), so more buyers may be able to use it to cut their tax bill. If you act soon, you can use this credit to retroactively trim the tax you owe on…
End of the Year Tax Planning Letter
Individual incomes taxes, whether paid through employer withholding or quarterly estimates, are probably one of your largest annual expenditures. So, just as you would shop around for the best price for food, clothing or merchandise, you want to consider opportunities to reduce or defer your annual tax obligation. The following tax letter is intended to…
Local CPA Receives his Masters of Science in Taxation
Lewis & Knopf CPAs, P.C. is pleased to announce that Akshay Kapoor, CPA, recently received his Master of Science in taxation (MST) from Walsh College. “Akshay has stepped up as a leader since joining our firm,” said Thomas Shade, CPA, Managing Principal of Lewis & Knopf. “The knowledge he has acquired from Walsh College will…
Local Professional Obtains CPA License
Chad Peters, a senior staff accountant at Lewis & Knopf CPAs, P.C., recently obtained his Michigan license as a Certified Public Accountant (CPA). “Chad continues to focus on his professional growth and development. He is always learning and seeking ways to more fully serve his clients,” said Thomas Shade, Managing Principal of Lewis & Knopf….