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Legal News

Legal News

Charitable Giving: Important Year-End Considerations

The changes in the 2018 Tax Act to itemized deductions and the standard deduction will have a dramatic impact on whether or not people will itemize their deductions and will have a dramatic impact on those who make substantial annual charitable gifts.   Change in Standard Deduction The...

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Tax Law and Charitable Giving

In an article published by Crain's Detroit Business on May 21, 2018, attorney Dennis Mitzel along with co-author Rita Tinetti discuss the potential effects of recent tax law changes on charitable giving.  Although the ultimate effects are currently unknown, Dennis and Rita believe the new...

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Creator attribution: Nick Youngson - http://nyphotographic.com/

New Federal Law May Require Amending LLC Operating Agreements

The Bipartisan Budget Act of 2015  was signed by the President Obama on November 2, 2015 which changes the law involving partnership audits conducted by the IRS for tax years beginning after Dec. 31, 2017.  This will affect those limited liability companies that are taxed as...

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