Understanding Estimated Tax Payments
Understanding Estimated Tax Payments: Who's Liable, When to Pay, and When to Consult a Tax Professional Estimated tax payments are an essential part of the tax system for individuals and businesses in the United States. They help ensure that taxpayers meet...
Starting a Business? Here’s What You Need to Know Before Engaging a CPA
Are you considering taking the entrepreneurial plunge and starting your own business? Congratulations on taking this exciting step towards realizing your dreams! As you embark on this journey, it’s essential to establish a solid foundation, and that begins with...
September 15th is Coming Quick!
If you filed for an extension of time to file for an S corporation or partnership tax return, the extended deadline is fast approaching. If your records are tax-ready, a return can be filed electronically at any time before the deadline to avoid a last-minute rush to...
Sales Tax Exemptions for Cultivators of Marijuana
With the issuance of Revenue Administrative Bulletin (RAB) 2020-17 (replacing RAB 2019-17), the Michigan Department of Treasury confirmed that state-licensed marijuana businesses may avail themselves of several sales use and tax exemptions that are generally available...
Medical Marihuana Licenses for Fiscal Year 2023
On Monday, the Michigan Cannabis Regulatory Agency released an advisory bulletin announcing licensing fees for Fiscal Year 2023. This has resulted in a significant reduction to the regulatory assessments beginning on October 1, 2022 and running through September 30,...
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