023 401k IRA Limits

023 401k IRA Limits

A lot of changes have been made to retirement plans in 2022 and 2023. Specifically, changes in rules and regulations have been made in the contribution limits to IRA and 401k. With these new revisions, it’s more important than ever for business owners to be educated...
Michigan Flow-Through Entity Tax + More

Michigan Flow-Through Entity Tax + More

In 2021 Michigan enacted a tax known as a Flow-Through Entity tax (FTE), which is retroactive to tax years beginning on and after January 1, 2021. The continued levy of the tax is contingent upon the existence of the federal state and local tax (SALT) deduction...