Welcome to our new website! We’re excited to announce our new website. A bit about us, we are an accounting firm in Detroit with a focus on full-cycle accounting services for businesses and personal tax services. Our experienced accounting firm provides an excellent customer experience, and we’re committed to helping our clients grow and succeed. […]
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Why do I need bookkeeping services? You may be wondering why you need bookkeeping services. Can they really help with day-to-day accounting and year-end tax preparation services? A bookkeeper is an important member of your team who records and tracks your financial transactions. Bookkeepers are also found helpful when filing tax returns as they are
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What are business deductions? Small business tax planning also include the business deductions and write-offs that reduce taxable income. When it comes to taxes, business owners have a lot of leeway to deduct certain expenses. Deductions include meals, travel, car use, insurance, home office expenses, and more. In other words, if you can trace the
Understand the tax implications of starting a business: To start a business in Detroit in 2023, you’ll need to create a personal account on Michigan Treasury Online and register for business taxes. You can find more information about business taxes here. It’s important to understand that taxes have a negative impact on business start-ups. A
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Understanding the legality of payroll in Detroit: When ready to hire employees, your first step to manage payroll should be establishing a payroll structure. This will ensure that you’re legally compliant and pay your employees the right wages and overtime. In Michigan, you’ll need to file documents with the government agencies responsible for payroll tax
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