Welcome to Seber Tans, PLC
Choosing the right accounting firm is one of the most important business decisions you will make. Any firm can add up the numbers and tell you where you’ve been, but Seber Tans will help you focus on where you want to go. In Southwest Michigan, the firm that unites professional expertise with creativity and vision is Seber Tans. With a team of experienced professionals on our staff, we can provide the capabilities of a large national organization, plus the personal attention of an independent firm. Clients choose us because we offer much more than off-the-shelf solutions. We will listen, ask questions, and learn all we can about your current situation. From that input, we’ll find creative solutions to help you focus on your opportunities rather than your obstacles. Join us and see why our clients trust us for their accounting, tax, and business advising needs.
Teachers and others can deduct eligible educator expenses this year — and more next year and beyond
Teachers commonly buy school supplies for their classrooms. In many cases, they don’t receive reimbursement. Fortunately, they may be able to deduct some of these expenses on their tax returns. And, beginning next year, eligible educators will have an additional deduction opportunity under the One Big Beautiful Bill Act (OBBBA). For 2025, up to $300 of qualified expenses paid during the year that weren’t reimbursed can be deducted without having to itemize deductions. The OBBBA creates a new miscellaneous itemized deduction for eligible educator expenses incurred after Dec. 31, 2025. Contact us to learn about the eligibility requirements and discuss other tax-saving strategies. ... See MoreSee Less
Investing in qualified small business stock now offers expanded tax benefits
The preferential tax treatment of qualified small business (QSB) stock is getting even better under the One Big Beautiful Bill Act (OBBBA). Generally, taxpayers selling QSB stock can exclude 100% of the gain if they’ve held the stock for more than five years. The OBBBA provides a 75% exclusion for QSB stock held for four years and a 50% exclusion for QSB stock held for three years. These exclusions go into effect for QSB stock acquired after July 4, 2025. The OBBBA also increases the asset ceiling for QSBs from $50 million to $75 million (adjusted for inflation after 2026) for stock issued after July 4, 2025. Additional requirements apply. Contact us to learn more. ... See MoreSee Less
Divorcing as a business owner? Don’t let taxes derail your settlement
For business owners getting a divorce, the process can be complex. Your business ownership interest is often one of your largest personal assets, and in many cases, part or all of it will be considered marital property. Spouses can generally divide most assets, including business interests, between them without any federal income or gift tax implications. If an asset falls under the tax-free transfer rule, the spouse who receives it takes over its existing tax basis and holding period. A critical step in a divorce is determining a business’s value, and potential tax liabilities are considered during the valuation process. Contact us. We can help plan for the best post-divorce tax outcome. ... See MoreSee Less