The Internal Revenue Service (IRS) recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased considerably over 2022 amounts. As you implement 2022 year-end t...

The profitability of your company can be evaluated in several ways, but most investors start with calculating Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA). The investment banking team at Doeren Mayhew Capital Advisors s...

The Internal Revenue Service (IRS) recently announced that the amount individuals can contribute to their 401(k) plans in 2023 is $22,500, up from $20,500 in 2022. Doeren Mayhew’s individual tax advisors highlight the changes for 2023 so you can be...

If your company comes up over budget year after year, you may want to consider cost-control management. This is a formalized, systematic review of operations and resources with the stated goal of reducing or at least controlling costs at every level....

Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Be sure to contact y...

Your organization’s leadership team no doubt contains a wealth of experience, knowledge and bright ideas. But it might not have all the answers — and, more important, you and your fellow leaders could be unaware of one or more growing problems. T...

When you filed your federal tax return this year, were you surprised to find you owed money? You might want to change your withholding so that this doesn’t happen again next year. You may even want to adjust your withholding if you got a big refund...

On Aug. 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (IRA) into law. The IRA includes significant provisions related to climate change, health care, and, of course, taxes. The IRA also addresses the federal budget deficit. Acc...