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michigan tax blog

Tax Shifting Ideas to Reduce Your Bill to Uncle Sam

Because our tax system is progressive, the next dollar you earn could be taxed at a much higher rate. By shifting taxable income levels from one year to the next, you could potentially pay a lower tax amount in both. Here are six great ideas, detailed on our latest “Tax Tip of the Week”!

5 Big Tax Mistakes

Every year thousands of taxpayers go through a gotcha with the IRS thanks to large, unexpected tax bills. Here are five common causes of tax surprises, ranging from lost refunds to retirement plan mistakes, all on our latest “Tax Tip of the Week”!

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Deducting Summer Activity Expenses

The Child and Dependent Care Credit can be used to offset summer time care expenses for your qualifying dependents. These expenses don’t just include sending your kids to daycare while you work. Here is what you need to know.

Debt Reduction May Be Your Best Investment

Investors are increasingly worried about the ups and downs of the stock market. If you’re worried about your investments and want to reduce your debts, you’re in luck. Debt reduction gives you a guaranteed rate of return!