Events Calendar 

5/20 Spy the Lie: Detecting Deception

6/22 Dan McCarty Golf Classic

7/27 Cruisin' For Charity Car Show

Special Announcements 

Recruiting Update 

Costing   

Tired of wondering if a particular part of a service line is making money or not? Creating a part profitability or service line costing analysis takes the guess work out of the equation. 

Contact your UHY professional today.

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news archive. 

Eligibility of HVAC Units as Qualifying Leasehold Improvement Property   

The IRS has concluded that heating, ventilation, and air-conditioning (HVAC) units installed on the roof of a building or on a concrete slab adjacent to a building are ineligible to be treated as qualified leasehold improvement property (QLIP). QLIP is any improvement to an interior portion of a building which is nonresidential real property if:

1. The improvement is made under or pursuant to a lease by the lessee of that portion of the building;
2. That portion of the building is to be occupied exclusively by the lessee of the building;
3. The improvement is placed in service more than three years after the date the building was placed in service.

Even if the three requirements above are met, HVAC units located on the exterior of the building do not meet the location requirement of QLIP.

The effect of this ineligibility to be treated as QLIP is to write-off the HVAC units over 39 years using the straight-line method of depreciation. Whereas, QLIP is written-off over 15 years and is eligible for bonus depreciation.

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.

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Events Calendar 

5/20 Spy the Lie: An evening with Phil Houston, co-author of New York Times bestselling book by former CIA officers that teaches how to detect deception

Phil Houston is a nationally recognized authority on deception detection, critical interviewing, and elicitation. His 25-year career with the Central Intelligence Agency was highlighted by his service as a senior member of the Office of Security and a polygraph expert. Phil introduced his unique methodology for detection of deception to the corporate world with the co-founding of Business Intelligence Advisors, where he served as Executive Vice President and worked with the company's largest clients in the U.S. and abroad.

Hosted and sponsored by UHY LLP and ACG Detroit. Registration and refreshments start at 5:30PM. Program at 6. Reception at 7. Pre-registration is required. Cocktail afterglow with hors d'oeuvres provided. Space is limited. Multiple registrations welcome. Contact Sharon Kimble at acgdetroit@comcast.net or 887 894 2754 to register.

UHY LLP Training Facility

27725 Stansbury Blvd., Suite 100

Farmington Hills, MI  48334

Save the date! More UHY events are just around the corner...

6/22 Eighteenth Annual Dan McCarty Golf Classic (D.M.G.C.)

7/27 Seventh Annual Cruisin' For Charity Car Show

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Special Announcements  

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)

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

Farmington Hills

Tax Manager