by admin | Mar 30, 2020 | Blog
Governor Whitmer has signed the executive order to extend the 2019 tax filing/payment deadline to July 15; this is now the same as the federal filing deadline. She also extended the due date of city filings by three months. The CARES Act was signed by President Trump...
by admin | Dec 17, 2015 | Blog
The premium tax credit is a refundable credit that helps low-income individuals & families afford health insurance purchased through the marketplace. You must meet the following criteria to be eligible: Your household income must be at least 100, but not more...
by admin | Nov 11, 2015 | Blog
So you’ve finally decided to take that big leap of faith and start your own business…congratulations! Now you have to figure out what all needs to be done to get your business up and running from a tax and accounting standpoint. First, you have to decide how your...
by admin | Nov 3, 2015 | Blog
Home Office Deduction – Simplified Method Starting in 2013, it’s much easier to take the home office deduction on your sole proprietor business. Small business owners no longer have to deal with figuring out how much they paid for all of those utilities throughout...
by admin | Oct 28, 2015 | Blog
Leave your payroll filings to a professional Payroll can be very complex for the business owner who is struggling to do everything in and for their business. This is one area of your business that is definitely worth outsourcing. Selby Tax & Accounting PC offers...
by admin | Oct 27, 2015 | Blog
Filing taxes late Here are some pointers if you file and/or pay your taxes late: A failure to file penalty is generally more than a failure to pay penalty, so even if you can’t pay your taxes in full, you should still file on time and pay as much as you can. The...