The current tax landscape offers a unique opportunity to transfer wealth across generations with optimal tax efficiency. However, the beneficial provisions of the Tax Cuts and Jobs Act (TCJA) will sunset at the end of 2025, which may significantly impact estate planning strategies. With this in mind, high-net-worth families and individuals should consider the available strategies to mitigate future tax liabilities and preserve wealth for future generations.

For business owners with significant holdings, estate tax liabilities can pose unexpected and considerable challenges, potentially disrupting both the payment of estate taxes and the ongoing operations of the business. Developing a tax-efficient business succession plan is crucial to preserving wealth while ensuring the smooth transfer of business ownership.

The term “due diligence” is one that’s tossed around in a number of business sectors, and can even be heard in everyday, casual conversations. When making a big decision, one might ask: “Have you done your due diligence?” In the simplest of definitions, it’s the careful assessment of the pros and cons of a transaction.

When people think of accountants and finance professionals, they often conjure up images of serious, number-crunching individuals buried in stacks of paperwork, devoid of any fun or excitement. However, at EHTC, we believe in shattering these stereotypes and fostering a vibrant culture that challenges these misconceptions head-on.

West Michigan-based accounting, tax, and business advisory firm, EHTC, welcomes their new Transaction Advisory Services (TAS) Partner, Ryan McCaslin. McCaslin will be leading their TAS group focused on buy-and-sell side financial due diligence and consulting services.

As Seen In Forbes, Fortune, & Entrepreneur | Outstanding Business Leaders: Grand Rapids

West Michigan CPA and advisory firm EHTC prioritizes the people behind the numbers.

West Michigan-based accounting, tax, and business advisory firm, EHTC, announces the relocation of its company headquarters. After eight years at their 2301 East Paris Avenue SE location, EHTC will break ground Summer 2023 on a new, larger building in Ada, Michigan.

At EHTC, we provide more than accounting and tax support for our individual and business clients; we are a full-service CPA firm with a robust, knowledgeable Advisory Services team that has special expertise in valuation and business transactions.

As we approach the summer months, now is the perfect time to evaluate your company with a mid-year review. Mid-year reviews are meant to propel a company forward by pinpointing strengths, weaknesses, financial goals, help refocus employees, and get honest with where your company is at versus where you want it to go.