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.
Are you missing a valuable tax deduction for Medicare premiums?
If you’re 65 or older and enrolled in basic Medicare, you may need to pay additional premiums to obtain the level of coverage you desire. These premiums can be significant, particularly for married couples where both spouses are paying them. The good news? You might be eligible for a tax break on those premiums. However, claiming medical expenses on your tax return can be challenging. For the 2025 tax year, medical expenses are deductible only if you itemize — and only the portion that exceeds 7.5% of your adjusted gross income qualifies. We can help you assess whether it’s more beneficial to take the standard deduction or to itemize and include medical expenses on your return. ... See MoreSee Less
The One, Big, Beautiful Bill could change the deductibility of R&E expenses
he treatment of research and experimental (R&E) expenses is a high-stakes topic for businesses, especially small to midsize companies focused on innovation. Currently, R&E expenses must be capitalized and amortized over five years for domestic activities and 15 years for foreign activities. The One, Big, Beautiful Bill, which is now being considered by the Senate, would restore the immediate deductibility of R&E expenses. Specifically, it would allow taxpayers to immediately deduct domestic R&E expenses paid or incurred in tax years beginning after Dec. 31, 2024, and before Jan. 1, 2030. Contact us if you have questions about how these potential changes could affect your business. ... See MoreSee Less
Tax breaks in 2025 and how The One, Big, Beautiful Bill could change them
The U.S. House of Representatives passed The One, Big, Beautiful Bill in May, introducing possible significant changes to individual tax provisions. It’s now being considered by the Senate, which may make a number of changes. What’s in the bill? If enacted, there would be increases in the standard deduction and the Child Tax Credit. The state and local tax deduction cap would increase from $10,000 to $40,000 for those earning less than $500,000. The proposed law would also exempt tip income and overtime pay from federal income tax. But it would generally eliminate tax credits for new and used electric vehicles purchased after Dec. 31, 2025. Contact us with any questions about your situation. ... See MoreSee Less