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August 2016 Archives

Don't forget to pay taxes on gambling winnings

Countless bars and civic groups in towns across Michigan (like local chapters of the American Legion and the Veterans of Foreign Wars, to name a few) offer weekly or monthly bingo games throughout the year. Many charitable organizations and churches also offer prize raffles, drawings and other contests as a way to raise funds.

Could your company be impacted by IRS inversion rule changes?

A lawsuit was recently filed by the U.S. Chamber of Commerce (joined by a Texas corporate advocacy and lobbying group, the Texas Association of Business) against an entity it accuses of usurping the rights of domestic businesses and restricting their right to make legitimate business decisions that could cut down on tax liability. This entity isn't, as some might assume, a foreign power or monopoly that could impact the rights of American corporations.

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Brighton, MI 48116

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