Revocable Living Trusts
Living trusts remain a popular and affordable estate planning vehicle. A revocable (or living) trust is a trust that is funded with part or all of the property of the creator (grantor) of the trust. By serving as trustee, the grantor retains control of the property and also has the right to revoke the trust [...]
Maximizing Business Transportation Expense Deductions
The costs of commuting from a personal residence to places of business or employment generally are nondeductible personal expenditures. The deduction for commuting costs is disallowed regardless of the distance involved. However, taxpayers whose residences qualify as their principal place of business can deduct transportation expenses incurred in going between their residence and other work [...]
Health Savings Accounts (HSAs) were created as a tax-favored framework to provide health care benefits. HSAs are targeted mainly at the self-employed, small business owners, and employees of small to medium-sized companies who do not have access to health insurance. The tax benefits of HSAs are quite favorable and substantial. Eligible individuals can make tax [...]
Certified Public Accountants in Mount Clemens, Michigan
Carabell, Leslie and Company, P.C. is a public accounting firm founded in 1959. From our office located in Southeastern Michigan, we provide accounting, consulting and tax services to hundreds of business enterprises and individuals.
Our firm is committed to service, offering a full range of innovative financial expertise. We strive to offer our services with a personal, in depth understanding of each of our client's specific needs and objectives.
Our firm provides a wide array of income and business tax services to individuals and businesses, including limited liability companies, partnerships, trusts, estates, corporations, and individuals. We also prepare franchise, property, sales, estate, fiduciary and gift tax returns for our clients. Because of our close working relationship with our clients and advisory teams, we are able to help shape the policies that minimize impact and maximize high dollar retention.
We establish a close working relationship with our clients to ensure that a problem is seen through to its resolution. Through identification and analysis of management needs, we strive to increase the clients management effectiveness and profitability.