Clayton & McKervey Identifies and Explains Key Components of President Trump’s Tax Proposal

Posted by Clayton & McKervey on April 27, 2017

Clayton & McKervey

The CPAs and tax advisors at Clayton & McKervey, an international certified public accounting and business advisory firm located in metro Detroit, see major changes ahead for businesses and individuals should President Trump’s proposed tax overhaul become law. The largest and most immediate perceived impact on businesses would be the drop in the highest marginal corporate tax rate from 35 % to 15%, while the top marginal tax rate for individuals is proposed at 35%, down from the current 39.6%. “For individual business owners, the tax drops could be a significant windfall,” Margaret Amsden, CPA, a shareholder in the tax …

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Reimbursable Expenses

Posted by Clayton & McKervey on March 2, 2017

Having clear expectations and processes around expense reports is important to streamline workflow while maintaining clear employee expectations. This QuickBooks article highlights tips on …


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