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 will taxes affect your merger or acquisition?
Whether you’re selling your business or acquiring another company, the tax consequences can have a major impact on the transaction’s success or failure. So if you’re thinking about a merger or acquisition, you need to consider the potential tax impact. For tax purposes, a transaction can basically be structured as either an asset sale or a stock sale. For tax and nontax reasons, sellers typically prefer stock sales while buyers usually prefer to purchase assets. We can assess the potential tax consequences before you start negotiating a merger or acquisition to help avoid unwelcome tax surprises after a deal is signed. Contact us to get started. ... See MoreSee Less
New itemized deduction limitation will affect high-income individuals next year
Beginning in 2026, taxpayers in the top (37%) federal income tax bracket will see their itemized deductions reduced. Generally, their tax benefit from the deductions will be as if they were in the 35% bracket. If you’re at risk of being subject to the new limitation, you can take steps in 2025 to help mitigate the negative impact. For example, make large charitable contributions this year instead of next. If you aren’t already maxing out your state and local tax (SALT) deduction, you might be able to pay state and local property tax bills in 2025 instead of 2026. We can help you look at your tax picture for this year and next to determine what strategies will be most beneficial overall. ... See MoreSee Less
New deduction for QPP can save significant taxes for manufacturers and similar businesses
New for 2025, 100% first-year depreciation is available for nonresidential real estate classified as qualified production property (QPP). QPP generally means factory buildings. Normally, nonresidential buildings must be depreciated over 39 years. QPP 100% first-year depreciation is available for property whose construction begins after Jan. 19, 2025, and before 2029. The property generally must be placed in service in the U.S. or a possession before 2031. Also, the original use of the property generally must commence with the taxpayer. Additional rules and limits, as well as some exceptions, apply. IRS guidance is expected. Contact us with questions and to learn about the latest developments. ... See MoreSee Less