Police are asking the public for help finding a man who robbed a bank Friday morning. It happened at the Independent Bank at 1245 East Grand River in Williamston just before 10:30 a.m. Meridian Townshipget more >>
Bank robbed in Williamston on Friday morningget more >>
Police in Eaton County are looking for three people who they say broke into a home, tied up the owner, and stole several items from the house. It happened around 2 a.m. on Friday along the 1400 blockget more >>
Michigan State Police and the Department of Corrections are investigating after an employee was beaten up at a Jackson prison. It happened at the G. Robert Cotton Correctional Facility on Wednesday night. Aget more >>
The Eaton County Sheriff's Department had its hands full with meth labs last night. Deputies went to two busts - one in Charlotte and the other in Windsor Township. There was a third bust, in which copsget more >>
Michigan's local governments would have the option to put cameras at intersections to spot drivers running red lights under proposed legislation in the state House. A measure recently introduced by Republicanget more >>
Police believe two sisters are the brains behind a home invasion in Holt earlier this month. Police say two Lansing men broke into a home in the 1800 block of Schoolcraft, tied-up the homeowner, and stoleget more >>
Both face numerous charges for home invasionget more >>
Hazardous material was found in a home on Lansing's south side after a police raid late Wednesday night. There were 180 Pounds of hazardous waste found inside the home on Valencia Street, along withget more >>
There were 180 Pounds of hazardous waste found inside the home on Valencia Street, along with 25 prior One Pot Meth, and 62 gas generators.get more >>
Two suspects are in custody after Eaton County Sheriff's Officials responded to a home with possible methamphetamine activity. According to officials they located components used in the manufacturingget more >>
Officials located components used in making meth, numerous one pot meth labs, potted marijuana plants, and a loaded hand gun.get more >>
Officials got the call just before 7 P.M. Tuesday night to the Mason State Bank on Cedar Street in Mason, where they say a bank robbery took place. It was reported that the male suspect came in justget more >>
A male suspect came into a bank in Mason just before closing with a handgun and demanded money from an employee.get more >>
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SOURCE Minnesota Society of Certified Public Accountants
MINNEAPOLIS, Feb. 28, 2013 /PRNewswire-USNewswire/ -- The Minnesota Society of Certified Public Accountants (MNCPA) recently surveyed its CPA members about the most creative tax deductions proposed by their clients. Responses included everything from swimming pools and manicures to poodles and non-existent children.
"Creativity is rewarded in many parts of society, but not by the IRS," said MNCPA Chair Barbara Steinhauser. "And many of the creative deductions our members identified in the survey would've resulted in intervention by the IRS had a CPA not interceded and encouraged the tax filers to remove them from their tax returns."
With changing tax laws on both a state and national level, taxes have grown more complex, underscoring the value of CPAs to their clients.
"Claiming an error on your tax calculations because tax preparation software said it was 'okay' is not an acceptable defense with the IRS," Steinhauser added. "CPAs are professionals who understand and monitor changing tax laws and serve as valuable counselors to their clients."
Here is the MNCPA list of strange-and unacceptable-deductions for 2012:
Ab-solutely not: A ballerina was surprised to discover that she couldn't deduct the cost of a tummy tuck.
A new wrinkle: One woman's attempt to deduct BOTOX® expenses as an "image enhancement" expense? Not a smooth move.
Filing expenses: Sing us a song, you're the piano man. Just don't try to claim your manicures as a business expense, as one piano player proposed.
Beware of the very small dog: A farmer who tried to claim food and veterinary expenses for his toy poodle as a farm-building "guard dog" was barking up the wrong tree.
Ch-ch-changes: Men may be from Mars and women from Venus, but medical expenses related to a sex-change operation are not deductible on any planet, which was news to one filer.
Not a deduction? Bingo!: One woman took a chance on deducting gambling losses as a charity donation. Mark that down as another gambling loss.
Off the deep end: Many reasons for deducting the cost of a swimming pool were offered-including as a medical expense-but they didn't float.
Children need to be seen: While children/dependents are considered an acceptable deduction, one filer failed to realize that he needed to actually have children/dependents in order to claim them.
Not a bright move: Try to deduct tanning-bed expenses, as one filer did, and you'll get burned every time.
No sweat: One woman hoped to shed some pounds and add a deduction by writing off the cost of "Zumba" exercise classes. One out of two isn't bad.
Questions about what you can and can't deduct on your taxes? Contact a CPA. Don't have one? Visit www.mncpa.org/referral, or call 800.331.4288.
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