LLP_News_Alert_NEW_BRANDING

 
This_Just_In

Events Calendar 

 

3/19 Annual D.M.G.C. Poker Tourney   

 

3/28 March Madness 

Special Announcements 

 

Recruiting Update

Cost Segregation 

 

Who can wait 39 years to recover the costs you just spent on the building you just purchased? Cost segregation is a proven way to reduce cost recovery time and increase cash flow.  

 

Contact your UHY professional today.

Quick Links
Archive

Missed an issue? New subscriber? Visit our  

news archive

 
NLOS_NEW_BRANDING
Join Our Mailing List
Top_Main_Article

Energy Credits Reinstated for 2012 and Extended to 2013 

 

Tax credits for various energy improvements to existing homes as well as new homes that were previously allowed for purchases through December 31, 2011 have been retroactively extended. The credits were unavailable for purchases after December 31, 2011 until the 2012 Taxpayer Relief Act was passed in early 2013. The act extends the credits to property purchased after December 31, 2011 and before January 1, 2014. Common credits that can be taken in 2012 or 2013 are as follows:

 

1. Non-business Energy Property Credit. Taxpayers can claim a credit up to 10% of the cost of a) qualified energy efficiency improvements, and b) residential energy property expenditures. The credit has a lifetime limit of $500 ($200 for windows and skylights) through 2013.

 

2. Qualified Alternative Fuel Vehicle Refueling Property Credit. For property used in a trade or business, a taxpayer can claim up to a 30% of the cost of installing qualified alternative vehicle fueling property. The credit is limited to $30,000 per year per location. For property used at the individual's principal residence, the credit cannot exceed $1,000.

 

3. New Energy Efficient Home Credit. New homes that are either acquired or constructed by an eligible contractor and acquired by a taxpayer before January 1, 2014 can qualify for a credit of $2,000 or $1,000 for each new home if energy efficient standards are met.

Taxpayers should make sure that any improvements made meet energy efficient specifications, which should be available from the manufacturers.

 

For more information 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 www.uhy-us.com.

 

Back to top 

Events CalendarEvents 

 

3/19 Sixth Annual D.M.G.C. Texas Hold Em' Tournament

 

Tuesday, March 19, 2013

Registration at 6:00 PM. Game starts promptly at 7:00 PM.

 

Star Lanes at Emagine Royal Oak

200 North Main Street

Royal Oak, MI  48067

 

$100 buy-in and $50 re-buy. VIP prizes for finalists. Chips have no cash value. Must be 18 to play and 21 to consume alcohol.

Proceeds this year benefit Michigan Lupus Foundation.

Email Lisa Radtke to save your spot at lisa@milupus.org or register online with credit card at milupus.org. Cash, check and credit card contributions accepted at door.

Sponsorship opportunities available. Contact Lisa for details.

 

Michigan Lupus Foundation in cooperation with the D.M.G.C., the McCarty family and UHY Cares hope to see you there!

 

3/28 March Madness Networking EventMarch

 

Thursday, March 28, 2013

5:30-8:30PM

 

Star Lanes at Emagine Royal Oak

200 North Main Street

Royal Oak, MI  48067

 

Come watch the 2013 NCAA Regionals, broadcasted on one of Star Lanes 34 televisions! Championship games of the night will be featured on three 25' movie-grade screens at the end of the lanes, six large flat screens above the ball returns and about twenty five televisions in the Sports Bar. Not a diehard basketball fan? Join us anyways! We will have a spread of fabulous food, an open bar stocked with all of your favorite wine, beer and spirits, four reserved bowling lanes and good company to keep you entertained and engaged.

 

Space is limited. Please bring change for metered parking. Valet is also available. To register click here.

 

Special AnnouncementsAnnouncements  

 

Experienced Recruiting Update

 

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)

HR Generalist (2-4 years of HR Generalist experience)

Website Content Coordinator (Bachelor's degree in Marketing, Business, Management Information Systems, or Computer Science)

 

Farmington Hills

Tax Manager


Back to top 

Published by UHY LLP News.   

Copyright � 2013 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.