Corporate Income Tax Attorney Serving Michigan
Resolving legal challenges involving the complexities of corporate income tax can be difficult for any business operating in Detroit. Thankfully, with the guidance of an experienced and dedicated tax attorney, you can defend your company against any tax problems you may have.
At Demetrius J. Karos, Ltd., we are adept at assisting businesses with their corporate income tax needs across Michigan. Our experienced attorney, based in New Buffalo, is dedicated to providing personalized service and ensuring that each client receives the attention and expertise they deserve.
Delinquent Michigan Business Income Taxes
When a business falls behind on its income taxes, it can face significant penalties and interest charges. These delinquent taxes can threaten a company’s financial stability and reputation. Our tax law firm is committed to helping Detroit businesses address these challenges promptly and effectively. Our history as a CPA and former IRS employee, paired with more than 20 years of experience in tax law, allows us to develop personalized strategies to guide you through your delinquent tax issues.
The Difference Between A Business Income Tax And A Corporate Income Tax
Understanding the distinction between business income tax and corporate income tax is crucial for compliance and financial planning. Both of these taxes are related to the income a business earns, but corporate income tax specifically targets corporations. Alternatively, business income tax can apply to various entities, including partnerships and sole proprietorships. Since January 1, 2017, Michigan has been collecting income tax from corporations, partnerships, trusts and estates, increasing the importance of staying informed about these taxes.
Defend Your Business With Experienced Guidance
Working with a knowledgeable tax attorney ensures that your business complies with Michigan’s tax laws, avoiding potential pitfalls and penalties. Instead of taking chances with the IRS and jeopardizing your company, let us help your business, no matter where you are in Michigan.
Our team is ready to help you navigate the intricacies of corporate income tax and secure your business’s financial future. Call us at 800-465-6208 or email us here to schedule your initial consultation today.