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.
How the new Trump Accounts for children will work
A new tax-advantaged way to help children build savings for the future was created by the One Big Beautiful Bill Act: Trump Accounts (TAs). One way to set up a TA is to file Form 4547, “Trump Account Election(s),” with your 2025 income tax return. Under a pilot program, the federal government will fund a TA with $1,000 of free money for U.S. citizen children born in 2025 through 2028. But older children also are eligible for TAs, just not for the free money. After July 3, 2026, you can make nondeductible annual TA contributions up to $5,000 (adjusted for inflation after 2027) until the year your child turns 18, when the TA will turn into a traditional IRA. Contact us to learn more. ... See MoreSee Less
There’s still time to set up a SEP and reduce your 2025 taxes
If you own a business or are self-employed and haven’t set up a tax-advantaged retirement plan, it’s not too late to establish one and contribute for 2025. You can set up a Simplified Employee Pension (SEP) and make 2025 contributions as late as the due date (including extensions) of your business’s income tax return, either March 16, 2026 (Sept. 15 if extended) or April 15, 2026 (Oct. 15 if extended), depending on entity type. SEPs are easy to set up, and contribution limits are generous, potentially providing a large deduction. If you have employees, you’ll generally have to include them and make contributions to SEP-IRAs on their behalf, which are also deductible. Contact us to learn more. ... See MoreSee Less
Tax filing FAQs for individuals
The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the agency began accepting and processing 2024 tax year returns last year, despite IRS staffing having been significantly reduced since then. The filing deadline is April 15, but filing earlier can be beneficial. If you’re getting a refund, you’ll likely receive it sooner. Filing early can also potentially protect you from tax identity theft, where a thief uses your personal information to file a fraudulent return and claim a bogus refund. Contact us to answer your tax filing questions or to discuss getting started on your 2025 return. ... See MoreSee Less