Changes to the deductibility of research and development expenses may significantly impact companies’ tax liabilities for tax year 2022. We break down what is changing, who it applies to, and next steps if you think you may be affected. Click the image to download the PDF for more details!
Click the image above for a downloadable PDF.
During 2020 and 2021, there were several favorable benefits available to taxpayers that are now no longer applicable in 2022. As such, the changes to these tax rules may impact your overall tax liability and refund this year. Click on the image below for a table that summarizes these changes in 2022 in comparison to prior years, and details what the anticipated impact may be to you.
Click the image above to download the PDF.
Click the image below to download and read our breakdown of the Inflation Reduction Act. The included table is a helpful resource. As always, reach out to your CPA or tax professional with any questions!
Click here to download
Check out the article below written by our own Rolly Reed on Qualified Charitable Contributions from IRAs!
A vulnerability scan is a tool that will assess all devices on the network for known weaknesses. Once a scan is performed, the findings can be used as a road map to patch weaknesses and make the network more secure. A study performed last year by SecurityMetrics found that it took an average of 166 days from the time an organization was vulnerable for an attacker to compromise the system. Once the system was compromised, attackers had access to sensitive data for an average of 127 days. These compromises can lead to financial and reputational loss, which are often difficult to recover from. Many compromises could have been prevented if they were identified and remediated. Vulnerability scans are the first line of defense for identifying potential problems.
Contact us today to learn how we can help!
H&S Computer Consulting
711 W Main St, Fremont, MI 49412
616.735.3040
Next up in our Life Transitions Virtual Seminar Series is ‘Navigating Elder Care’
This seminar will focus on helping families find assisted living, independent living, memory care, and in-home help. We’ve brought in local experts, CarePatrol. The Care Transition Managers at CarePatrol will review the care and violation histories of the communities they work with, and accompany families on tours of the communities they refer them to. They assist clients through what can be a difficult and overwhelming transition in their lives and the lives of their loved ones.
Join us to learn about this valuable information. It’s never too early to consider the options available!
Presented by: Marta Andrews, Care Transition Manager and
Sandi Wake, CPRS, CSA, Care Transition Manager of CarePatrol West Michigan
When: Wednesday, June 1st at 4pm EST
This seminar is virtual, a link to join will be provided.
Invite a friend or family member to learn about this important topic from an industry professional. This virtual seminar is free. There is no cost or obligation to attend.
Please RSVP to Sydney Bollaert by Tuesday, May 31st
Email: sydneyb@hscompanies.com or call 616-456-6550 x1917
Our next series of seminars will focus on life transitions. Sign up for our next seminar covering the topic of Medicare!
Managing Medicare in Retirement:
If you are between the ages of 58 and 65, now is a great time to start learning about the rules and deadlines related to Medicare supplements. Join us for a virtual seminar where you’ll learn the options for transitioning to Medicare. Get your questions answered and learn from industry experts.
Hosted by: HS&C Wealth Management, A private wealth advisory practice of Ameriprise Financial
Presented by: Allie Amine, Medicare Specialist, Giardini Medicare
When: Wednesday, May 11th at 4pm EST. This seminar is virtual, a link to join will be provided.
Invite a friend or family member to learn about this important topic from an industry professional. This virtual seminar is free. There is no cost or obligation to attend.
Please RSVP to Sydney Bollaert by Monday, May 9th. Email: Sydneyb@hscompanies.com or call 616-456-6550 x1917
We will be hosting a series of educational, virtual events throughout 2022 and would love for you to join us. Check out our next one below:
Securing Your Retirement – Transforming Social Security into A Winning Retirement Strategy
Wednesday, April 20th at 4:00pm
With advances in medicine and heathier lifestyles longevity has increased, but not many people take that into consideration when taking their Social Security benefits. During this presentation we will discuss the fundamental rules of Social Security, including considerations for:
Presented by Kevin J. Kelly, Market Leader with BlackRock
Please RSVP by contacting Sydney Bollaert at least one week prior to the seminar you’d like to attend to reserve your spot and receive your access credentials. She can be reached by email at sydneyb@hscompanies.com or by calling 616-456-6550 x1917.
We welcome your friends & family members who may also benefit from this information.
Did you collect jobless benefits in 2021? Then you’re going to need to sit back and wait to file your federal income tax return until you make sure you have all the right numbers in hand.
Michigan residents now are looking at an extra long delay in receiving key tax paperwork from the state Unemployment Insurance Agency.
The state UIA said Monday that 1099-G forms now will be sent toward the end of February — instead of the typical Jan. 31 deadline.
Click the image below for a PDF of instructions on how to upload your tax documents to us!
