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 […]

Tax Attic September 12, 2013

As far as weekends go, I believe the Labor Day Holiday Weekend might just be my favorite. I know it more or less signals the end of summer, but the weather is usually still quite pleasant. The last few years, Deb and I have spent Labor Day at the Muskegon State Park. Before that, we […]

Tax Attic August 29, 2013

There seems to be no question that the Affordable Care Act (ACA) or Obamacare is going to take effect. It is not going to be repealed and it is not going to be defunded either. I could be wrong but I believe Congress is slightly too dysfunctional to make any major moves let alone repealing […]