COVID-19 Relief: What You Should Do Next

We understand you have been impacted by the novel Coronavirus (COVID-19) and we are here to help. Information is changing daily and clear guidance won’t be available until late April or possibly later this summer, nevertheless, the time to act is NOW. Economic Impact Payment (stimulus checks) Eligibility: AGI $75,000 Individuals/$150,000 Married Couples with phaseouts […]

Special Edition: Update Regarding COVID-19

To Our Existing and Prospective Clients: The safety and well-being of our valued clients and employees is always our top priority. We understand that the rapidly evolving situation with the coronavirus (COVID-19) is causing uncertainty in our community. Senter, CPA is closely monitoring reports from the Center for Disease Control (CDC), World Health Organization (WHO), […]

Tax Credits: Take Them All

With tax season in full swing you are probably starting to work on your personal return or getting ready to discuss your personal return with your CPA. One thing to keep in mind this year are tax credits; they’re real, they are valuable and you should take all you are entitled to. Tax credits are […]

Tax Season

2020 Tax Season: It Begins Today

Tax season officially starts today with the Internal Revenue Service (IRS) now accepting e-files for 2019 tax returns. Let the countdown begin: Days Remaining Common Documents Needed (please note this is not an exhaustive list and depends on each individuals situation): Income documents W-2(s), 1099(s), K-1(s) etc. Investment income and gain or loss detail Business […]

New Year

2019 Our Year in Review

What a Year it’s Been! 2019 has been an incredible year for the entire Senter crew; it’s been nothing short of amazing to grow so much as a firm and family. We’ve had an overwhelming response of encouragement and support from both new and existing clients who have helped us flourish as a firm. It’s […]

Tax Help

IRS Penalties: Abatement & Resolution

Have you ever paid an IRS penalty or feel like you’ve accumulated too many penalty notices from the IRS? If so, it’s possible we can help alleviate the pain. Let’s review a couple of ways to reduce, remove or abate some of those penalties. There are many forms of penalties, such as failure-to-file (FTF), failure-to-pay […]

FBAR

Foreign Bank and Financial Accounts: Understanding the FBAR

Did you know that a taxpayer must report certain foreign financial accounts, such as bank accounts, brokerage accounts and mutual funds each year, as part of the Bank Secrecy Act? By filing a Report of Foreign Bank and Financial Accounts, otherwise known as FBAR (on FinCEN Form 114), to the IRS, you are ensuring that […]

Tax Scams: Be Careful, They Exist

As year-end approaches, we want to remind our friends and clients of potential tax scams that exist. Cyber criminals use these scams to obtain names, social security numbers, addresses and other personally identifiable information to file bogus tax returns or defraud you into sending them cash directly. Below is a list of the most common […]

Income Tax Planning

Ask a CPA: FREE Individual Tax Planning Course

Ever wondered if you could reduce your tax liability or pay less tax on your income? Come join us for a FREE Q&A course related to individual income tax planning. It’s an opportunity to get your questions answered or hear ideas and questions from others that may help you with tax planning. DETAILS Time & […]

Clarkston Rotary Wine Tasting

Clarkston Rotary Annual Beer, Wine, Spirits and Food Tasting: 2019

Place: Bordine’s of Clarkston – 8600 Dixie Hwy, Village of Clarkston, MI 48348 Date: October 24, 2019Time: 6:30 – 8:30 pm Come enjoy wines from around the world, Michigan beer, select spirits and food from the following great area restaurants: Via Bologna MacPhee’s Restaurant Neiman’s Family Market Pita Way Kruse’s Deer Lake Inn Hamlin Pub […]