H&S 2020 Tax Newsletter

We hope that you enjoyed the holidays and that 2020 is off to a great start! For us, the new year brings a new tax season and a new tax newsletter. Our annual tax newsletter is full of tax law changes and we hope you find it helpful. Please feel free to contact your H&S […]
How the Tax Cuts and Jobs Act Will Affect Small Business Owners

MiBiz explains how small businesses may benefit from Pass-Through Deduction, Flat C Corp Tax Rate, Bonus Depreciation, and Accrual or Cash Accounting. The article even features our very own Sally Steffes, CPA! Click the link below to read more! Small Business Owners See Benefits From Pass-Through Deduction, Flat Tax Rate
Times Indicator – Effective Use of Your Retirement Plan or IRA

You’ve worked long and hard for years, saving diligently through your employer-sponsored retirement savings plan. Now, with retirement on the horizon, it’s time to begin thinking about how to tap your plan assets for income. First, evaluate your needs. Estimate your non-negotiable basic needs for things like housing, food and medical care. This is how […]
H&S 2019 Tax Newsletter

We hope that you enjoyed the holidays and that 2019 is off to a great start! For us, the new year brings a new tax season and a new tax newsletter. Our annual tax newsletter is full of many new tax law changes, and we hope you find it helpful. Please feel free to contact […]
Trump Tax Cut Clean Up Signed With $4,900 Personal Exemption

Did you know? Michigan is the first state to enact a law designed to prevent a potential surprise state tax increase of as much as $1.5 billion from President Donald Trump’s tax reform plan. Gov. Rick Snyder signed this legislation, flanked by both legislative leaders and Lt. Gov. Brian Calley on Wednesday. Click here to […]
Tax Extenders Passed!
In case you missed it, the tax extenders included in the budget deal passed on February 8th. Of course, please feel free to reach out to your H&S tax professional with questions about these provisions. Click the image below to download a summary of tax provisions extended as part of the budget deal signed 2/9/18!
H&S 2018 Tax Newsletter

Well folks it’s here, another new year! Happy 2018! We hope you enjoyed the holidays, and were able to spend time with family and friends. Our annual tax newsletter is full of many new tax law changes, and we hope you find it helpful. There are sure to be questions, so please feel free to […]
2017 Tax Reform! Last-minute year-end moves…

Check out this letter for last-minute year-end moves you can make, in light of the Tax Cuts and Jobs Act.
IRS phone scammers caught!

IRS scams have been a big problem over the past few years, and it doesn’t seem to be slowing down. Luckily, this group of phone scammers were caught! Just remember that the IRS will never call you and ask you to wire money. They will never email you telling you what you owe. And they […]