2010 Hiring Incentive to Restore Employment (“HIRE”) Act — Tax Breaks for Employers The recently enacted Hiring Incentive to Restore Employment Act (“HIRE”) created two new tax benefits to encourage employers to hire and retain new...
Small Nonprofit Organizations May Lose Their Tax Exempt Status A recent New York Times article has brought back into the spot light a 2006 federal law that could force as many as 400,000 charitable organizations, civic organizations, business leagues, and social clubs...
Purchasing Michigan Real Estate – An Investment Opportunity Michigan’s unprecedented drop in real estate values, especially in southeastern Michigan, has been a blow to many but has created opportunities for others. Southeastern Michigan is now perceived...
Appealing Michigan Property Tax Assessments in 2010 The ongoing decline in property values in Detroit and surrounding southeast Michigan communities has further-expanded the substantial discrepancies between taxable values and market values for real estate. Assessors...
Charitable Deduction for Contribution’s to Haiti Earthquake Victims On January 22, President Obama signed into law “A Bill to Accelerate the Income Tax Benefits for Charitable Cash Contributions for the Relief of Victims of the Earthquake in Haiti.”...
