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Blog Schultz Tax and Accounting Blog


The 2013 individual income tax rates for married taxpayers are as follows: 10% on taxable income from $0 to $17,850, plus 15% on taxable income over $17,850 to $72,500, plus 25% on taxable income over $72,500 to $146,400, plus 28% on taxable income over $146,400…

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      Condominium owners often wonder about their Association’s requirements when it comes to financial reporting.  While the Michigan Condo Act is vague when addressing this issue, the conservative approach suggests that the Association have their financial statements audited or reviewed annually by a…

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In tax years beginning after 2012, certain unearned income for married individuals whose Modified Adjusted Gross income is in excess of $250,000 will be subject to a 3.8% surcharge on that type of income. The surcharge is only applied to the unearned income that is…

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  Schultz & Associates, CPA, PLC is proud to have been established in Plymouth, Michigan ten years ago in 2003. Since our inception we have focused on personal service at the highest professional level. Follow Us

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