CPA Troy, MI
Productive Month Passing Domestic Manufacturing and Prescription Drug Allowances, Climate and Gun Violence Mitigation, and Veteran Burn Pit Healthcare Legislation
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Should I Upgrade Your Homeowners Insurance?
🖨 Print⏱ 4 min readIn our current economy, or anytime actually, it can’t hurt to have a side hustle to bring in extra cash. Some of these options can be quite lucrative, but like everything, it takes a little work to create a steady income stream. However, with a little […]
🖨 Print⏱ 4 min readCost accounting is a type of accounting that analyzes a business’ complete production costs by looking at both variable and fixed costs. This includes the concepts of marginal costing, lean accounting, standard costing and activity-based costing. It’s used by a business’ management to evaluate fixed and […]
🖨 Print⏱ 3 min readOne highlight of the recently passed Inflation Reduction Act of 2022 (IRA; HR 5376) includes modifications to what is more commonly referred to as EV credits. Specifically, Section 30D of the Act is where the most important modifications are, and where the present tax credit for […]
🖨 Print⏱ 3 min readAccording to JP Morgan Chase & Co., there are some sobering statistics for businesses’ cash flow challenges. Understanding how cash flow is measured and analyzed is an important step for businesses to monitor and adjust their operations plan to increase the chances of becoming and staying […]
🖨 Print⏱ 3 min readThe US tax system is progressive, meaning that the more you earn the more you pay. For the years 2020-2022 there are seven different brackets for each year. Which bracket you are in depends on your taxable income; however, your bracket does not equal your tax […]