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Growing pains at the highest-growth firms

Accounting Today

And I think weve done a really great job of that." ( Watch: "Cretes unique model and vision" ) The reality is reflected in the numbers, according to Chad Anschuetz, CEO of Troy, Michigan-based Top 100 Firm Doeren Mayhew. "I I heard an amazing stat the other day. By Michael Cohn July 25 Like what you see?

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On the move: RRBB adds partner

Accounting Today

.; and Ashley Vukovits, managing director, LiftBridge CXO; and public members: Terry Bush, director, Kruggel Lawton CPAs; Darren Henry, director, Business Opportunity Program, Purdue University; and Mandy Parris, executive director, JPMorgan Chase Bank. MICHIGAN Laura LaPeer was appointed chief financial officer at UHY, Farmington Hills.

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Legalization and Taxation of Cannabis

TaxConnex

And Colorado raked in $362 million in marijuana taxes in 2020, a 30% jump from 2019. Other states doing well with tax on marijuana include Oregon, Nevada, Massachusetts, Illinois, and Michigan. California: For adult use retail sales there is a statewide 15% excise tax as well as a statewide sales tax rate of 7.25%.

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Michigan Gets IRS Tax Extension to June 17 Due to Storms

CPA Practice

Due to severe storms in August 2023, individuals and business taxpayers in some Michigan counties have until June 17, 2024, to file various federal individual and business tax returns and make tax payments, the the Internal Revenue Service has announced. 24, 2023, through June 17, 2024 (postponement period).

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State CPA Society News & Updates – June 2023

CPA Practice

Best Business Tax Update 2023 , which takes place December 15 from 8:00 AM – 3:45 PM. Michigan Institute of CPAs Welcomes New Board Members The Michigan Institute of CPAs (MICPA ) recently welcomed three new board members. Fees are $310 for ISCPA members and $410 for non-members. Those interested can register here.

CPA
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Areas in the U.S. Where Inflation is Causing Property Taxes to Increase the Most

CPA Practice

where inflation is causing property tax rates to increase to the maximum amount allowed by law. Higher property taxes in Michigan Michigan homeowners are facing the highest property tax increase in 28 years, at 5%. The inflation rate in 2022 could have caused tax rates to jump by nearly 8% in 2023.

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Is Tax Relief on the Horizon for Marijuana Businesses?

CPA Practice

They’re bucking the federal laws and decoupling from federal tax code Section 280E, meaning that legal marijuana firms located in these states can deduct expenses for state tax purposes, even if they can’t do so on their federal income tax returns. Look for more states to follow suit. _