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Prescott
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Prescott
Showing 1 to 2 of 2 CPAs in Prescott, Michigan
JL
Jason L. Liddell
Certified Public Accountant
Verified Licensed
Location Prescott, Michigan 48756
Jason L. Liddell is a certified public accountant based in Prescott, Michigan, with over 20 years of experience in accounting and tax services. He specializes in providing basic accounting services, as well as individual and business tax services, including tax preparation and planning for individuals and families, as well as various business structures such as S-Corps, partnerships, and LLCs. In addition to his tax services, Jason offers IRS representation and payroll processing and compliance services to small businesses in the region. With a strong background in accounting and tax law, Jason Liddell is well-equipped to handle a wide range of client needs and provide expert guidance and support.
K
Kelly Schagel
Certified Public Accountant
Verified Licensed
Location Prescott, Michigan 48756
Kelly Schagel is a certified public accountant serving clients in Prescott, Michigan. With over 15 years of experience in the field, she provides expert guidance on various business structures, including S-Corps, partnerships, and LLCs, as well as individual and family tax planning. Her services encompass basic accounting services, financial planning, and tax compliance, helping clients navigate complex tax laws and regulations. Additionally, she specializes in retirement account tax reporting and IRS representation, ensuring her clients' financial security and peace of mind.

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.