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MARCH MADNESS BRACKETS-AVOID A TECHNICAL FOUL FROM THE IRS 

 

As we are less than an hour away from tip off of what is sure to be another hectic March Madness tournament, millions of people across the country are penciling in their final picks for one of the biggest events in college sports. Before you collect your winnings there are some tax rules you need to keep in mind. Click here to read an article from Accounting Today and see tips from the Illinois CPA Society.

  

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SPECIAL ANNOUNCEMENTS

UHY CARES RAISES OVER $27,000 IN POKER NIGHT DONATIONS
Employees, their friends and associates of UHY LLP, certified public accountants, in conjunction with UHY Cares, the firm's independent 501c(3) organization, celebrated their ninth annual Texas Hold 'Em tournament on February 23. The charity poker event was held at Emagine Royal Oak and was packed with players, sponsors and donors who together helped bring in over $27,000 in donations to be distributed to several local charities and individuals in need. Photos are posted on UHY Cares Facebook page.

Thanks to everyone who made an appearance and a special shout out to our sponsors: Belmont Equipment and Technologies, Cambridge Consulting Group, Joe Wicker, College Park Industries, Edgar Atrip, Gina Deakins, Human Capital Staffing LLC, Larry McCarty, Level One Bank, Oakland Insurance, Alan Rudziewicz, Strobl & Sharp P.C., Telemus Capital Partners, Test Products Inc., Dan Kropchak, The Sales Matrix and VMC Technologies Inc.

Sa2FOLLOW UHY CARES ON SOCIAL MEDIA
Keep up with us on Facebook, Twitter and LinkedIn to see what our team is up to, and hear about our latest charitable giving initiatives, contests, photos, fundraising opportunities and more!

Facebook: UHY Cares
Linkedin: UHY Cares
Twitter: @UHYCares

UHY LLP operates its charitable giving activities through UHY Cares, an independent nonprofit 501c3 organization. Cares, which was incorporated in 2008, was an idea inspired by employees and is volunteer based. Through UHY Cares, employees are able to give back to the community, including helping individuals going through personal emergencies or hardships. Cares has provided assistance to hundreds of charities and families and continues to grow this list every year.

Sa3UHY ADVISORS APPOINTS FIVE NEW MANAGING DIRECTORS, TWO FROM MICHIGAN PRACTICE
UHY Advisors announces the appointment of five new managing directors: Brad Baer, Harold Mohn, Robert Scope, Mehmet Sengulen and Aaron Witalec. Scope and Witalec are both from the Michigan practice. Click here to view full press release.

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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.