IRS Taxes on Early Retirement Distribution

For years you contributed money to a 401K or IRA. Your employer may have matched your contributions. You now have a good chunk of money saved up in your retirement. Then something happens in your life and you need money. One thought is to withdraw money out of your retirement. But, there are tax consequences. What to do?

Continue reading…


Volunteering in Detroit, Michigan

This was a fun experience for us.  A new program called Life Remodel selects a Detroit, Michigan neighborhood to dramatically overhaul.  The kick off to get students at Cody High School involved in their own community was on May 7, 2014.

Continue reading…


Amending your Prepared IRS Tax Return

You filed your taxes on time and it was a huge relief. Getting your taxes prepared every year is burdensome. Then you stumble upon some additional tax information. The nervous twitch you feel inside about taxes comes back. We recommend amending your IRS tax return.

Continue reading…


Health Care IRS Tax Penalty

You do not like the new Affordable Health Care for America Act, AKA Obamacare. A decision was made not to purchase health insurance. You rather pay the tax penalty to the IRS. We will review how to calculate the tax penalty for not purchasing health insurance.

Continue reading…


What will the IRS do when you owe back taxes?

You’re expecting a large tax bill.  You are afraid of the big bad IRS.  The IRS will take your car in the middle of the night.  The IRS will possess your home and leave you with no place to live.  The IRS will wipe out your bank account and garnish your wages.  The IRS will make it impossible for you to earn a living.  How does the IRS expect you to pay the taxes owed if you can’t earn a living?

Continue reading…


Lansing Front Page Article

Thanks to tax season, articles written by firm president, A.J. Gross, are published on the front page of the Lansing New Citizens Press.  Check out the bottom left hand corner!

Continue reading…