The IRS has released the 2019-2020 special per diem rates. Taxpayers use the per diem rates to substantiate certain business expenses incurred while traveling away from home for the period October 1, ...
For 2020, the Social Security wage cap will be $137,700, and social security and Supplemental Security Income (SSI) benefits will increase by 1.6 percent. These changes reflect cost-of-living adjustme...
The IRS has changed how it handles passport certifications for people with significant tax debt. Following a review of relevant considerations regarding passport certification procedures, the IRS has ...
The IRS identified drought-stricken areas where tax relief is available to taxpayers that sold or exchanged livestock because of drought. The relief extends the deadlines for taxpayers to replace the ...
The IRS has announced a new payment option to the private debt collection program. Taxpayers can now choose a pre-authorized direct debit option to make one payment or a series of payments toward thei...
The IRS has announced that it will not acquiesce to the holding of the Tax Court in GreenTeam Materials Recovery Facility PN, 113 TCM 1540, Dec. 60,945(M) that the transfer of a noncapital asset is tr...
The Michigan House of Representatives has passed legislation that would extend sales and use tax collection obligations to marketplace facilitators.Marketplace FacilitatorsThe legislation would requir...
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.