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.
Before claiming a charitable deduction for 2025, make sure you can substantiate it
If you itemize deductions on your 2025 individual income tax return, you potentially can deduct your 2025 donations to qualified charities. If you made a donation of $250 or more, you must substantiate it with a “contemporaneous written acknowledgment” from the charity. “Contemporaneous” means you receive it by the date you file your return (or the due date, including extensions, if earlier). If you haven’t yet received an acknowledgement for a 2025 gift (or filed your 2025 return), request it from the charity now. Additional substantiation rules apply to certain types of donations, such as noncash contributions. Contact us for help determining what you can deduct on your 2025 tax return. ... See MoreSee Less
Increase your current business deductions under tangible property safe harbors
Did your business make repairs to tangible property, such as buildings, equipment or vehicles, in 2025? Such costs may be fully deductible on your 2025 income tax return, if they weren’t actually for “improvements” that must be depreciated over a period of years. Some IRS safe harbors can help: 1) the routine maintenance safe harbor, 2) the de minimis safe harbor, or 3) the small business safe harbor. However, improvements might also be eligible to be deducted immediately in certain circumstances. Contact us to discuss what you can deduct on your 2025 return and to start planning for tax-efficient repairs, maintenance and improvements in 2026. ... See MoreSee Less
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