Special Announcements 

 

Recruiting Update

Employee Benefit Plans

 

Audits of employee benefit plans become costly if not managed properly.  That's why it's imperative to have specialized team focused solely on ERISA compliance audits prepared to offer insight, quality controls, up-to-date compliance research and stability of your audit.

 

Contact your UHY professional today.

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Inflation Adjustments for Certain Thresholds in 2013top

 

With the recent passing of the American Taxpayer Relief Act of 2012 not only was the estate and gift tax and alternative minimum tax (AMT) permanently extended, but they will also be indexed to keep up with inflation. This eliminates the need to pass a short term "patch" each year.

 

Below is a breakdown on how the thresholds will look after being adjusted for 2013:

 

Alternative Minimum Tax (AMT)

 

2012

Married Filing jointly $78,750

Single Taxpayers $50,600

Married filing separately $39,375

 

2013

Married Filing jointly $80,800

Single Taxpayers $51,900

Married filing separately $40,400

 

Lifetime Estate and Gift Limitations

 

2012

$5,120,000

 

2013

$5,250,000

 

For more information or if you have questions please contact your professional at UHY LLP in Farmington Hills 248 355 1040 or Sterling Heights 586 254 1040, or visit us on the Web at uhy-us.com.
 

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Special Announcements 

 

Experienced Recruiting Updaterec

 

UHY Michigan is actively looking for experienced candidates to fill key positions in our local offices. Please review the openings below and if you know someone who may be interested in any of these roles please reach out to Rina (Madias) Henning, Recruiting Manager, via email rhenning@uhy-us.com or phone 248 204 9331.

 

Sterling Heights

Tax Managers

Audit Seniors (2-5 years experience)

CSA (Full Charge bookkeeper with 1040 experience)

M&A Associate (2-5 years experience)

 

Farmington Hills

IT Audit and Compliance Senior (5+ years Audit and IT controls combined)

Tax Manager

 

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Published by UHY LLP News.   

Copyright � 2011 UHY LLP. All rights reserved.

 

Our firm provides the information in this newsletter as tax information and general business or economic information or analysis for educational purposes, and none of the information contained herein is intended to serve as a solicitation of any service or product. This information does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisors. Before making any decision or taking any action, you should consult a professional advisor who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.   

UHY Advisors, Inc. provides tax and business consulting services through wholly owned subsidiary entities that operate under the name of "UHY Advisors."  UHY Advisors, Inc. and its subsidiary entities are not licensed CPA firms.  UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc. and its subsidiary entities. UHY Advisors, Inc. and UHY LLP are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. "UHY" is the brand name for the UHY international network. Any services described herein are provided by UHY Advisors and/or UHY LLP (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.