Work to start on Energy Farm this year

TRAVERSE CITY - Plans are progressing for the Energy Farm at the Historic Barns Park planned for the southern end of Grand Traverse Commons, thanks in part of a $22,000 donation from Cherryland Electric Cooperative."It's a great community project," said Tony Anderson, Cherryland's general manager....

Tax Considerations for the Self Employed

Many taxpayers in northern Michigan are self-employed. Whether you own your own business, are an independent contractor or just periodically provide freelance services in addition to another job, you must pay self employment or "SE" tax to the federal government in addition to any other...

Guilty Pleasures: The Luxury of a Performance Shower

Commercial interior designers for major hotel chains around the world have seduced the buying public for years by offering the finest in 21st century-style luxury bathrooms. Among other things, these soothing sanctuaries feature showers that not only nourish and clean our skin, but also boast...

What to do if you receive a letter from a taxing authority

Because tax returns are randomly reviewed, you might receive a notice by mail this year from a taxing authority about your return. If you do, know that many different items can trigger these inquiries. Here are some survival tips:- Don't assume they are correct; they...

Traverse Area Association of Realtors announces award recipients, new board

TRAVERSE CITY - Members of the Traverse Area Association of Realtors (TAAR) recently honored the 2011 Outstanding Realtors. The awards dinner held at Boone's Long Lake Inn also recognized the installation of 2012 officers and directors. 2011 AWARD RECIPIENTS:Good Neighbor Award Christine Stalsonburg...

Is your portfolio ready for higher taxes and inflation?

The days of robbing Peter to pay Paul have come home to roost. For the first time in our history, the U.S. credit rating was downgraded last summer. Today our debt stands at over $15 trillion. Add the pressure of huge, underfunded programs like Medicare...

Can I Deduct That? Answers to your pressing tax questions

Tax time for individuals brings up questions about what can and can't be deducted. Here are general answers to some common and not-so-common questions about deductions for individuals. Remember, everybody's situation is different, so consult with your tax advisor regarding any deduction.I lost money in...

Special Considerations for Second/Vacation Homes

How do you insure a vacation home?You'll want to insure your vacation home against damage and loss. Your homeowners policy will provide liability coverage for you at your vacation home. However, most homeowners insurance policies provide only limited coverage for personal property at an additional...