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Judge Rules on Michigan Income Tax Cut

CPA Practice

via TNS) A temporary cut to Michigan’s income tax will not be made permanent under a judge’s ruling this week. Michigan Court of Claims Judge Elizabeth Gleicher ruled Thursday, Dec. Dale Zorn, R-Onsted, the National Federation of Independent Businesses, Associated Builders and Contractors of Michigan and a group of residents.

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UHY Branches Out in Michigan Via Merger

CPA Practice

The deal, which went into effect on June 12, gives UHY an additional 40 team members and two Michigan offices—one in Cadillac and the other in Traverse City. With this combination, UHY is proud to have nine total offices in the state of Michigan,” Tom Callan, Great Lakes regional managing partner for UHY, said in a press release.

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Michigan Expects $9B Budget Surplus, May Cut Income Taxes

CPA Practice

State treasury officials estimate Michigan government will see a $9.2 The projections, which include forecasting from the Senate and House fiscal agencies and Department of Treasury, estimate Michigan will bring in $32.4 Michigan’s fiscal year runs from Oct. By Alyssa Burr, mlive.com (via TNS). decline from revenue in 2021-22.

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Wipfli Merges In Michigan CPA Firm Clayton & McKervey

CPA Practice

As part of the deal, Wipfli will now have an office located in Michigan. “Clayton & McKervey was sought after by numerous suiters but selected Wipfli for the culture connections and strategic fit with middle-market and high-net-worth clients,” added Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination.

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Michigan storm victims get tax relief

Accounting Today

The IRS is pushing back filing and payment deadlines for those impacted in the Great Lake State.

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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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Doeren Mayhew Acquires Small CPA Practice in Michigan

CPA Practice

This transaction supports our ongoing expansion efforts to better serve the Michigan market,” said Chad Anschuetz, managing shareholder and chairman of Troy, MI-based Doeren Mayhew, in a statement. million during its most recent fiscal year, has eight offices in four states: Florida, Michigan, North Carolina, and Texas.