Business Tax · Michigan
Business Tax Strategy for Michigan Owners
If you're a profitable Michigan business owner using a basic LLC or sole prop, you're likely overpaying tax by $15,000-$50,000+ per year. Not because your CPA is bad — because most CPAs prepare returns, not strategy. Ten Point Financial Group works alongside Michigan CPAs to design entity structures, retirement plans, and deduction strategies BEFORE the year ends, not after.
$15K-$50K+
Typical annual savings
$60K-$300K
Annual retirement plan shelter
With your CPA
Not against — coordinated
Why Michigan
Michigan has tens of thousands of self-employed professionals, business owners, real estate investors, and small medical practices paying full self-employment tax on every dollar of profit. They're using basic SEP IRAs when Cash Balance plans could shelter 5x more. They're not using Augusta Rule, accountable plans, cost segregation, or family employment. Most of these strategies are written into the tax code — not loopholes. Most CPAs don't bring them up because they're not paid to design the year, only to file it.
How we help
Entity Selection Review
Sole prop vs LLC vs S-Corp vs C-Corp. The right choice depends on your profit level, state, retirement goals, and exit plans. We model the savings.
S-Corp Strategy
Reasonable salary + distribution split that cuts self-employment tax by $8K-$20K+ per year for $80K+ Michigan business owners.
Solo 401(k) / Cash Balance Plans
Shelter $60K-$300K+ per year tax-deferred. For high-income Michigan owners 45+ looking to catch up retirement savings fast.
Augusta Rule + Family Employment
Rent your home to your business 14 days/year tax-free. Pay your kids for real work up to the standard deduction.
Michigan Real Estate Tax Strategies
Cost segregation, 1031 exchanges, short-term rental loopholes — for Michigan business owners with rental property or planning to buy.
Frequently asked questions
I have a Michigan CPA. Why would I need a tax strategist?+
Your CPA prepares the return. A tax strategist designs the year. Two different roles. We coordinate with your existing CPA — most clients keep their CPA and add us for proactive planning.
What income threshold makes this matter?+
S-Corp election typically pays for itself at $80K+ profit. Cash Balance plans usually fit owners with $250K+ in consistent profit. Most strategies have a threshold; below that, the complexity isn't worth it.
Are these strategies aggressive?+
No. Every strategy we recommend is written into the IRS code — incentives Congress built into the system. Compliance and documentation are what matters. We make sure you have both.
Do you handle the tax filing?+
No — that stays with your CPA. We design the strategy; your CPA executes the filing. The separation works in your favor (two sets of eyes, clearer accountability).
Learn more
Free Michigan tax strategy review
Bring last year's return. We'll spend 30 minutes auditing for missed deductions, entity issues, and retirement plan opportunities.
Educational content only. Not financial, legal, or tax advice. All services are provided by licensed professionals. Coverage decisions depend on individual circumstances.