Edwards, Ellis & Associates

Integrity + Accuracy

YOUR SUCCESS IS
OUR BUSINESS

Certified Public Accountants Since 1972,

Edwards, Ellis & Associates, P.C.’s mission is to be your most trusted business advisor and to create value through the accounting, tax, and professional consulting services we provide. We are here to provide insightful advice to empower you to make informed financial decisions.

What To Know About the Plug-In Electric Drive Vehicle Credit 

In August, the IRS posted new guidance for current and future owners of electric vehicles, outlining the tax benefits available. If you are interested in claiming the tax credit available under section 30D (EV credit) for purchasing a new electric vehicle after Aug. 16, 2022 (which is the date that the Inflation Reduction Act of 2022 was …

Annual Tax Adjustments for 2023

The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes. Standard deduction The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, which is up $1,800 …

401(k) and IRA Limits Rise for 2023

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in …

What To Expect From Your 401(k) Audit

What To Expect From Your 401(k) Audit If you offer a 401(k) plan to your employees, the first thing you must figure out is whether it needs an independent audit. If you have 100 or more eligible employees at the start of the plan year, you need an audit. The essential word is “eligible.” So …

IRS Makes Rare Midyear Mileage Rate Adjustment 

The IRS has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final half of 2022, the standard mileage rate for business travel …

What To Know About the Plug-In Electric Drive Vehicle Credit 

In August, the IRS posted new guidance for current and future owners of electric vehicles, outlining the tax benefits available. If you are interested in claiming the tax credit available under section 30D (EV credit) for purchasing a new electric vehicle after Aug. 16, 2022 (which is the date that the Inflation Reduction Act of 2022 was …

Annual Tax Adjustments for 2023

The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes. Standard deduction The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, which is up $1,800 …

401(k) and IRA Limits Rise for 2023

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in …

What To Expect From Your 401(k) Audit

What To Expect From Your 401(k) Audit If you offer a 401(k) plan to your employees, the first thing you must figure out is whether it needs an independent audit. If you have 100 or more eligible employees at the start of the plan year, you need an audit. The essential word is “eligible.” So …

IRS Makes Rare Midyear Mileage Rate Adjustment 

The IRS has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final half of 2022, the standard mileage rate for business travel …

What To Know About the Plug-In Electric Drive Vehicle Credit 

In August, the IRS posted new guidance for current and future owners of electric vehicles, outlining the tax benefits available. If you are interested in claiming the tax credit available under section 30D (EV credit) for purchasing a new electric vehicle after Aug. 16, 2022 (which is the date that the Inflation Reduction Act of 2022 was …

Annual Tax Adjustments for 2023

The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes. Standard deduction The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, which is up $1,800 …

401(k) and IRA Limits Rise for 2023

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in …

What To Expect From Your 401(k) Audit

What To Expect From Your 401(k) Audit If you offer a 401(k) plan to your employees, the first thing you must figure out is whether it needs an independent audit. If you have 100 or more eligible employees at the start of the plan year, you need an audit. The essential word is “eligible.” So …

IRS Makes Rare Midyear Mileage Rate Adjustment 

The IRS has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final half of 2022, the standard mileage rate for business travel …

What To Know About the Plug-In Electric Drive Vehicle Credit 

In August, the IRS posted new guidance for current and future owners of electric vehicles, outlining the tax benefits available. If you are interested in claiming the tax credit available under section 30D (EV credit) for purchasing a new electric vehicle after Aug. 16, 2022 (which is the date that the Inflation Reduction Act of 2022 was …

Annual Tax Adjustments for 2023

The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes. Standard deduction The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, which is up $1,800 …

401(k) and IRA Limits Rise for 2023

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in …

What To Expect From Your 401(k) Audit

What To Expect From Your 401(k) Audit If you offer a 401(k) plan to your employees, the first thing you must figure out is whether it needs an independent audit. If you have 100 or more eligible employees at the start of the plan year, you need an audit. The essential word is “eligible.” So …

IRS Makes Rare Midyear Mileage Rate Adjustment 

The IRS has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final half of 2022, the standard mileage rate for business travel …

What To Know About the Plug-In Electric Drive Vehicle Credit 

In August, the IRS posted new guidance for current and future owners of electric vehicles, outlining the tax benefits available. If you are interested in claiming the tax credit available under section 30D (EV credit) for purchasing a new electric vehicle after Aug. 16, 2022 (which is the date that the Inflation Reduction Act of 2022 was …

Annual Tax Adjustments for 2023

The Internal Revenue Service has released the tax year 2023 annual inflation adjustments for dozens of tax provisions, including the tax rate schedules and other tax changes. Here are some of the key changes. Standard deduction The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, which is up $1,800 …

401(k) and IRA Limits Rise for 2023

The IRS has announced that the amount individuals can contribute to their 401(k) plans in 2023 has increased to $22,500, up from $20,500 for 2022. This also applies to 403(b), most 457 plans, and the federal government’s Thrift Savings Plan. Also increasing is the catch-up contribution limit for employees aged 50 and over who participate in …

What To Expect From Your 401(k) Audit

What To Expect From Your 401(k) Audit If you offer a 401(k) plan to your employees, the first thing you must figure out is whether it needs an independent audit. If you have 100 or more eligible employees at the start of the plan year, you need an audit. The essential word is “eligible.” So …

IRS Makes Rare Midyear Mileage Rate Adjustment 

The IRS has announced an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final half of 2022, the standard mileage rate for business travel …

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our cpa tax expertise

Edwards, Ellis and Associates, PC, is a leading Certified Public Accountant (CPA) firm with offices in Ann Arbor, MI and Troy, MI.

CPA Income Tax Services

Wealth Management from a recognized Certified Public Accountant firm.

CPA Business Tax Services

  • Full-service Certified Public Accountant tax services: partnership, corporate, individual, etc.
  • Accounting preparation and bookkeeping
  • Financial statement preparation
  • Budgets and financial projections
finance service from a recognized Certified Public Accountant firm.

Tax Cuts & Jobs Act of 2017

The Tax Cuts & Jobs Act of 2017 was a major piece of legislation that included:
  • Massive individual tax changes
  • Massive corporate tax changes
  • Major pass-through income tax changes
  • Major estate and gift tax changes

professional solutions

Wealth Management

Our affiliated firm, Pinnacle Investment Advisors, LLC, is a Registered Investment Advisor in the state of Michigan which specializes in active wealth management.  Our investment philosophy is based on in-depth market analysis looking at the overall climate of the market.

Privately-owned Company Audits

While privately-owned companies don’t face the same level of regulatory scrutiny as public companies, there are many inherent benefits to independent assurance that financial statements fairly represent financial performance.

QuickBooks™ Consultants

Edwards, Ellis & Associates, P.C. provides the in-depth knowledge QuickBooks™ consulting services for your organization. With our expert knowledge of the QuickBooks software, we can help your entity increase productivity and generate more comprehensive income and expenditure.