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

01

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.

02

S-Corp Strategy

Reasonable salary + distribution split that cuts self-employment tax by $8K-$20K+ per year for $80K+ Michigan business owners.

03

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.

04

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.

05

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

Educational content only. Not financial, legal, or tax advice. All services are provided by licensed professionals. Coverage decisions depend on individual circumstances.

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