Category Archives: Michigan Taxes

The Home Office Deduction Explained

Posted on August 9, 2012 by William A Olson, CPA

If you use part of your home for business, you may be able to deduct expenses for the business use of your home. These expenses may include mortgage interest, insurance, utilities, repairs, and depreciation. The home office deduction is available … Continue reading →

Posted in 1040 Personal Income Taxes, IRS, Michigan Taxes, Small Business | Comments Off

What Some Investors Are Doing to Anticipate a Tax Increase

Posted on August 7, 2012 by William A Olson, CPA

What Some Investors Are Doing to Anticipate a Tax Increase

Posted in 1040 Personal Income Taxes, IRS, Michigan Taxes | Comments Off

A little bit of tax relief for Michigan Taxpayers… maybe

Posted on May 31, 2012 by William A Olson, CPA

Excerpted from the article. For the full article, click here. Under the new House Republican plan first detailed last week, the personal income tax rate would decrease from the current 4.35 percent to 4.25 percent, effective Oct. 1. That is three months … Continue reading →

Posted in 1040 Personal Income Taxes, Michigan Taxes | Comments Off

2011 Tax Planning

Posted on August 10, 2011 by William A Olson, CPA

We are quickly approaching September 15th, 2011 which is the due date for the third estimated tax payment. If you are currently making estimated payments or have significant changes in your income, it may be necessary to evaluate whether what … Continue reading →