News & Resources

2019 Q3 tax calendar

Key deadlines for businesses and other employers.

March 8, 2019

Stop the proposed Small Business Tax

Governor Whitmer’s proposed Small Business Tax represents a return to Michigan’s troubled past.

March 1, 2019

Several ways to defer the tax on gains

When a sale of a business or investment property results in a gain, the seller is typically taxed on that gain during the year of the sale, even when the gain was generated over many …

February 20, 2019

Making smart mergers and acquisitions under today’s tax law

Many businesses will pay less federal income taxes in 2018 and beyond, thanks to the Tax Cuts and Jobs Act (TCJA). And some will spend their tax savings on merging with or acquiring another business.

January 22, 2019

Is there still time to pay 2018 bonuses and deduct them on your 2018 return?

There aren’t too many things businesses can do after a year ends to reduce tax liability for that year. However, you might be able to pay employee bonuses for 2018 in 2019 and still deduct …

December 20, 2018

Timely year-end tax actions

The alteration in the standard deduction and how taxpayers have been accustomed to using it may be the single most important factor for tax planning into 2019.

December 13, 2018

Important changes for 2019 payroll

Prepare now for the following payroll changes that will take effect on January 1, 2019, and also consider some actions to take before year-end.

November 26, 2018

2018 year-end tax planning checklist

Yeo & Yeo's Year-end Tax Planning Checklist provides action items that may help you save tax dollars if you act before year-end.

October 25, 2018

Keeping up with the complex credit landscape can be difficult for organizations with limited resources. The Tax Cuts and Jobs Act (TCJA) adds another level of complexity to tax planning. In this article, we have …

April 20, 2018

IRS encourages ‘paycheck checkup’ for taxpayers to check their withholding

Taxpayers who have questions about the Tax Cuts and Jobs Act have several resources that will help answer questions.

April 14, 2018

Deduction for employee meals under the tax plan

The Tax Cuts and Jobs Act of 2017 is changing a lot about the way we do business.

March 26, 2018

Everyone’s an owner

Some experts are predicting that the recent tax legislation will create a ton of new business creation and activity—just not the kind that lawmakers originally intended.

March 16, 2018

Professional service firm tax reduction opportunity

In a recent verdict (Honigman Miller Schwartz and Cohn LLP v. City of Detroit), the Michigan Court of Appeals held that services rendered by an attorney should be considered as where the client receives the …

March 2, 2018

IRS releases new withholding calculator and Form W-4

In light of the new tax law, the IRS released an updated withholding calculator and Form W-4.

January 24, 2018

To convert or not to convert to a C corporation: A complex question

The Tax Cuts and Jobs Act (Act) implements many changes to the Internal Revenue Code, potentially impacting a large number of entities and individuals.

January 18, 2018

Will pass-through entities still be popular under the Tax Cuts and Jobs Act (TCJA)?

The tax rules for pass-through entities, including S corporations, limited liability companies (LLCs), partnerships and sole proprietorships, have generally become more beneficial — but also more confusing under the new law.

January 10, 2018

Tax Act makes changes to employer-provided transportation benefits

Under the recently passed Tax Cuts and Jobs Act of 2017, employer-provided transportation benefits are somewhat pared back beginning in 2018.

December 27, 2017

Tax Cuts & Jobs Act

In a significant victory for the White House and Congressional Republicans, the Tax Cuts and Jobs Act has passed in both houses and been signed by President Trump.