Tax-exempt organizations, other than charities exempt under Code Sec. 501(c)(3), will soon be able to stop reporting the names and addresses of contributors on Schedule B when filing their inform...
Taxpayers will be able to file federal income taxes starting next filing season on a new postcard-sized Form 1040. The IRS officially released the draft 2018 Form 1040 on June 29.Draft Form 1040The ne...
The IRS has proposed amendments to the tax preparer due diligence regulations to reflect a recent law change. The Tax Cuts and Jobs Act ( P.L. 115-97) expanded the scope of the due diligence pena...
The Treasury Department and the IRS plan to issue regulations clarifying that certain estate and nongrantor trust expenses remain deductible and are not subject to the miscellaneous itemized deduction...
The IRS has urged certain veterans who received disability severance payments after January 17, 1991, and included that payment as income that they should file Form 1040X, Amended U.S. Individual Inco...
The IRS, along with Security Summit partners, offered important tips dubbed "Security Six"protections to help tax professionals protect their computers and email as well as safeguard sensitive ta...
Two finance companies were entitled to Michigan sales tax refunds for debts associated with vehicles that were repossessed. However, they failed to support certain other claims for refunds pursuant to...
Schlaupitz & Madhavan, P.C. was founded in 2003 to bring the combined services of local public accounting, higher level business planning and financial advisory services to owners of privately held businesses, boards of non-profit organizations, and individuals who need a higher level of assistance to manage their business and financial interests.
We work with privately held businesses and non-profit organizations from start-up and early growth through mature phases including succession planning. We also provide assistance to financially distressed businesses. Our traditional services include independent audit, review and compilation reports, strategic business planning, tax preparation and planning, and accounting support services including payroll. We offer valuable analyses, counsel and other services in order to:
• Clarify business and personal goals
• Prepare business plans, financial models, and tax strategies that address those goals
• Install appropriate accounting methods and sharp financial management practices
• Evaluate business results, identify opportunities and solve problems
• Fulfill interim management needs of CEO, CFO or Controller
Schlaupitz & Madhavan brings to your business a complementary team of specialists in accounting and tax along with highly educated professionals with extensive experience in industry. Our team has the technical experience you need and the practical real work experience to help you achieve your goals! Our area of expertise includes:
- Real Estate
- Medical Practices & Practitioners
- Legal Practices
- Service Industries
- Estates and Trusts
- Nonprofit Organizations
We view every client relationship like a partnership, and truly believe that our success is a result of your success. We are committed to providing close, personal attention to our clients.
We have conveniently located offices in Troy, MI and Ann Arbor, MI to serve your needs.