THE TAX ATTIC

This past November, I was re-elected for a second four-year term to the Rockford City Council. Due to the fact that I had been the Mayor Pro-tem for the previous two years, at the next City Council meeting, I became a member of a rather small group of Rockford residents. In a unanimous vote, the […]

The Tax Attic

So far, the tax season is getting off to a great start. The Internal Revenue Service is reporting that they have processed more than 14 million tax returns already this year. Since the filing season did not start until January 20, that is a large number. As far as Action Tax Service goes, we have […]

THE TAX ATTIC

On August 5, 2014, we had a state-wide vote that approved a change to the Personal Property Tax system. The changes were massive and affected every business that owned any equipment that was physically located in the state of Michigan. Historically, Michigan had taxed the equipment owned by businesses at basically the same rates that […]

The Tax Attic

Deb & I went to “American Sniper” last weekend. What a great movie. The story of Chris Kyle, credited with over 160 enemy kills, was well-done by Producer Clint Eastwood and actor Bradley Cooper. Navy Seal Kyle possibly had another 95 but that additional number was not verified. Of course, the movie had a very […]

Tax Attic September 19, 2013

October 1, 2013 is a big day in the world of Obamacare. It appears that by October 1, anyone who works for an employer with revenue of more than $500,000 and has at least one employee should receive a letter from that employer titled “Notice to Employees of Health Insurance Marketplace Coverage Options”. The employee […]