A recent Opinion released by Phillip D. Roos, the Director of the Michigan Department of Environment, Great Lakes, and Energy (EGLE), decided a key issue in the ongoing legal battle regarding the Concentrated Animal Feeding...more
A recent Tax Court decision (Strieby v. Commissioner, T.C. Memo 2025-28) highlights a risk for investors claiming energy tax credits through partnerships. In Strieby, the taxpayer argued that energy credits were not subject...more
This past July, the One Big Beautiful Bill Act (the “Act”) was enacted, completely altering the landscape of tax and estate planning for business owners. One of the most significant changes? A permanent increase to the...more
With the passage of the One Big Beautiful Bill (OBBB), below is a summary of notable changes to the tax code for businesses, as well as an outline of notable changes for individuals....more
In early June, the Supreme Court issued an opinion that clarifies how company-owned life insurance impacts the value of the company for estate tax purposes. As a business owner, you may need to re-evaluate the use of those...more