Incredibly interesting video and topic. As/if unconventional currencies become more popular, we wonder what the IRS will think.
Mt. Pleasant (989) 772-1209 | Midland (989) 631-9500
Archive for February, 2011
28
Feb23
FebAre you contemplating doing taxes for your small busines? If so, you may want to hire a Tax Professional to help you optimize your return and as importantly save yourself a lot of time.
The Wallstreet Journal recently reported on the benefits of hiring a tax professional.
A few key points listed include:
- Business Tax returns are complex. They include a vast number of rules and options that frequently change.
- There are a number of deduction options that entrepreneurs may not realize, especially if running a business out of their own home, such as a $10,000 deduction for start up expenses when filing the businesses first tax return.
- Conversely, not every resource purchased to get a business up and running qualifies as a business expense.
To read the complete article click here:
If you are in a similar situation, please contact us to see how we may be able to save you money and time.
11
FebYou may have received a letter recently from the Michigan Department of Treasury concerning recent changes made to unclaimed property laws in the State of Michigan.
Many businesses have been hit with State of Michigan use tax audits in recent years. The unclaimed
property changes appear to be the State’s latest attempt in looking for new revenue.
Robert F. Murray & Company is here to assist you in understanding and complying with these laws. We published a letter to help you understand the law, the changes and what actions you must take. You can find the letter in pdf format here.
Please contact us should you need assistance.
Do you have rights to any unclaimed property in Michigan? The Michigan Department of Treasury provides an online Search Service.
