MI NATP HOME

The National Association of Tax Professionals (NATP), founded in 1979, is a nonprofit professional association dedicated to excellence in taxation. NATP was formed to serve professionals who work in all areas of tax practice. Members include individual practitioners, enrolled agents, accountants, CPAs, attorneys, and financial planners.

The Michigan Chapter, founded in 1989 extends these goals with a focus on issues specific to the practitioner operating in the State of Michigan.

Membership in the Michigan Chapter is automatically included in your National membership for members located in Michigan. Currently our chapter membership numbers over 800.

NEWS:
(for items previously listed here, see our "other news" page)

IRS offers new way to check "economic recovery payments"
call 866-234-2942. Data needed is: SSN, DoB, ZipCode
an online version is promised

GRAND RAPIDS provides guidance on ROTH IRA conversions
and considerations based on Form 1099-R distribution codes
(NOTE: various City tax ordinances are very similar but not always identical)

IRS Issues Q&A on preparer regulation: click here

Updates and questions from January "Last Chance" seminar are on the class downloads page.

NEW from MI Treasury:

Although the IRS will begin accepting business e-file returns on January 7, Michigan will not begin retrieving and accepting MBT e-file returns until January 25, 2010, and therefore, will begin issuing acknowledgments for MBT e-file returns on January 26, 2010.
Read the SUMMARY of the 12/3/09 ITAG Meeting
MICHIGAN QUALIFYING CHARITABLE DEDUCTION

To the extent included in AGI, a distribution from a pension or retirement plan that is contributed to a qualifying charitable organization is a miscellaneous subtraction on Line 20 MI-1040 Schedule 1.

To qualify, you must make the payment to the charity within 60 days of receiving the distribution – AND- reduce the amount of the contribution by any pension subtraction taken and two times the total amount of credits claimed for a public contribution credit, homeless shelter/food bank credit and the community foundation credit.

For more information see MCL – Section 206.30(1)(z).

view recent MI Treasury announcements...