Jenkins, Magnus, Volk, Carroll, P.C.

Certified Public Accountants

 

42714 Woodward Avenue  Bloomfield Hills, MI 48304

 

Phone: 248-858-2400

Fax:     248-858-7301 

 

Website: www.JMVCcpa.com

August 2022

Consider State Taxes Before You Move

Relocating to a different state means state tax changes. Simply because a state has low (or no) income tax doesn’t necessarily mean it’s a low tax state. A state needs funds to survive and while they may not charge income tax, there are other ways to collect taxes.

Read more

How To Change A Business Name

Has your business outgrown its name? Or perhaps you've purchased a company and want to rebrand its product line. Fortunately, changing your company's name is straightforward.

Read more

Interest Rates and Bonds

A fundamental principle of bond investing is that market interest rates and bond prices generally move in opposite directions. When interest rates rise, the cost of bonds typically decreases and the bond's yield (how much you'll earn) usually increases. This is true for government and corporate bonds.

Read more

Are You Saving Enough For Retirement?

Here are the average retirement account balances by ages, according to a Survey of Consumer Finances.*

Read more

August 2022 Q and A

Let's talk about changing the fiscal year-end for your company.

Read more

August 2022 Client Profile

Jaime is starting school to become an electrician. He has some savings, but he’s worried about how he’ll pay for tuition without taking out loans.

Read more

Higher Education Costs

Check out the average in-state costs for higher education.

Read more

Retirement Plan Audits

If your company’s retirement plan has 100 or more eligible participants at the beginning of the plan year, you’ll generally need to have it audited by a qualified independent accountant each year.

Read more

The QBI Deduction and Real Estate Investments

The qualified business income (QBI) deduction was born from the Tax Cuts and Jobs Act of 2017 and offers tax savings to qualified businesses. Keep reading to learn how this deduction applies to real estate investments.

Read more

CONTACT US

Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.

The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.