Author Archives: Administrator
A Sharp, Pointy Pencil
Back to the Basics… PLUS. As a CPA, my business rests on the tip of a sharp, pointy pencil. Despite a plethora of tech-tools, there is something about picking up a pencil that connects my brain to a spreadsheet, and … Continue reading
What Gets Governor Snyder Excited?
QUOTE OF THE DAY “I’m a CPA. For me to get excited about a budget is easy.” – Gov. Rick SNYDER as he began his Fiscal Year (FY) 2013 budget presentation before a joint session of the House and Senate appropriations … Continue reading
SUPERBOWL Monday: It’s Halftime in Michigan!
As Clint Eastwood said in his now-famous “It’s Halftime in America” commercial: “All that matters now is what’s ahead. How do we come from behind? How do we come together? And how do we win?… It’s Halftime, America. And our … Continue reading
Better Than the Beach…
The MACPA is going… tropical? JOIN ME at the Winter CPE Mega Conference for Industry on February 16, and I will help you get a head start on tax planning under the new Corporate Income Tax rules. My “CIT – … Continue reading
Confused? MI Business Tax Will Do That To You…
While Lansing decides exactly what the new MI Business Tax Law means, I can offer you a quick overview of its current interpretation. The MI Business Tax Notice created considerable confusion among tax practitioners when it was announced in November, … Continue reading
Michigan Business Tax Small Business Alternate Credit
Small Business Credit calculation and disqualifiers – This is a complex calculation as explained with references by Ed Kisscorni. Continue reading
Michigan Business Tax Unitary Questionaire
Attached is the State of Michigan’s Unitary Business Tax Questionnaire. It already assumes the entities meet the ‘Control’ test. MBT Unitary Questionnaire
MACPA Practitioner Conference in Soaring Eagle
At Soaring Eagle Casino speaking yesterday and today on the Michigan Business Tax. Yesterday was a general round table to discuss what issues practitioners are having and today we are talking about the effects of the MBT on large and … Continue reading
California LLC Fee Notices
California –Corporate Income Tax: LLCs Being Assessed Certification Penalty The California Franchise Tax Board has issued a public service bulletin announcing that beginning June 23, 2010, the state began issuing notices assessing a certification penalty of $250 for failure to … Continue reading
MBT – Small Business Credit
Do taxpayers really understand how to calculate and qualify for the Small Business Credit? It is more and more confusing each time we look at it closely. The forms do not match the law. The law says to calculate the … Continue reading
