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Elkton
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Elkton
Showing 1 to 2 of 2 CPAs in Elkton, Michigan
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Mandie M. Krohn
Certified Public Accountant
Verified Licensed
Location Elkton, Michigan 48731
Mandie M. Krohn is a certified public accountant (CPA) practicing in Elkton, Michigan. With over 15 years of experience in accounting, Krohn provides a range of financial services to family-owned enterprises and individuals. Her expertise includes basic accounting services, small business accounting, and financial planning, as well as sales tax compliance and payroll processing and compliance. Krohn's experience working with diverse clients has equipped her with a deep understanding of the unique financial needs of family-owned businesses, allowing her to offer tailored solutions and expert guidance.
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Brian V. Hazard
Certified Public Accountant
Verified Licensed
Location Elkton, Michigan 48731
Brian V. Hazard, a certified public accountant, has over 15 years of experience providing accounting services to individuals and families in Elkton, Michigan. His areas of specialization include basic accounting services, individual tax services, and tax compliance, helping his clients navigate complex issues and ensure regulatory adherence. Mr. Hazard offers expertise in payroll processing and compliance, as well as sales tax compliance, supporting the financial management needs of family-owned enterprises.

Michigan's evolving CPA market serves a state transitioning from traditional manufacturing to diversified technology and services economy. The Michigan Board of Accountancy requires 150 semester hours for licensure. CPAs must complete 80 hours of continuing professional education every two years, including 2 hours of ethics and minimum technical requirements.

Key Tax Considerations: Michigan has a flat 4.25% individual income tax and a 6% corporate income tax. CPAs commonly handle state income tax compliance, sales and use tax, personal property tax (recently reformed but still complex), and Michigan Business Tax successor provisions. The automotive industry creates specialized needs for supplier contracts, warranty reserves, and cost accounting. Cross-border issues with Ohio and Indiana are common for businesses and residents.

Industry Specializations: Automotive manufacturing and supply chain, technology and software (especially in Ann Arbor and Grand Rapids), healthcare systems, agriculture, tourism and hospitality, logistics, and emerging industries like electric vehicles and battery technology are key practice areas. CPAs often specialize in automotive cost accounting, manufacturing footprint optimization, or serving the growing tech startup community.

For CPA Professionals: The Michigan Association of CPAs serves practitioners statewide. Detroit metro offers the largest market with automotive focus, while Ann Arbor emphasizes technology and university-related services, and Grand Rapids provides regional headquarters opportunities. The state faces population challenges but offers affordable cost of living and growing opportunities in emerging industries. Economic transformation creates needs for restructuring advisory and helping traditional businesses adapt to changing markets.