Polk & Associates

Polk & Associates We provide industry specific accounting, audit, tax and consulting services of the highest quality and professional standards.

We strive to exceed our client’s expectations by staying abreast of the latest advances in industry, tax, legislation and tech Our Mission

It is the goal of Polk and Associates to provide industry specific accounting, audit, tax and consulting services of the highest quality and professional standards. We strive to exceed our client’s expectations by staying abreast of the latest advances in indu

stry, tax, legislation and technology to assist our clients in achieving success. Through diversified services, knowledge and experience we will provide growth opportunities for all employees so that they can excel and meet both their personal and professional goals. Who We Are

Large enough to serve a diverse clientele, yet small enough to maintain a hands-on approach, we are committed to maintaining the highest accounting and ethical standards with continuous education, extensive research resources, and excellent quality control. Polk and Associates is a member of the Michigan Association of Certified Public Accountants (MACPA), and the American Institute of Certified Public Accountants (AICPA). The firm participates in the AICPA Peer Review Program, and has always received the highest level of award for its audit practice and quality control. What We Do

Your team will focus on your long-term financial success, prepare and present relevant, understandable financial information and help you make informed business decisions with measurable results. Everyone at Polk works to uphold our vision to provide exceptional audit, tax, and consulting services that assist our clients in achieving their goals and ambitions. Our Vision

Serve and enrich our employees and clients by conducting business with honesty, integrity, respect and delivering on our commitments.

07/14/2026

A job loss can create tax consequences that aren’t always obvious. Reviewing your options before making decisions about severance, health coverage and retirement accounts may help you avoid unnecessary taxes and penalties. https://wp.me/p77IVw-344

07/09/2026

Leadership transitions are inevitable, but disruption doesn’t have to be. By bolstering your business’s “bench strength,” you can support succession planning objectives and promote greater stability. https://wp.me/p77IVw-341

Selling your home this summer? The sale could be tax-free, or it could create a sizable tax liability. Or it might resul...
07/07/2026

Selling your home this summer? The sale could be tax-free, or it could create a sizable tax liability. Or it might result in a tax bill between those extremes. Learn more.

Rising home values are leaving some homeowners with large gains when they sell. But that doesn’t necessarily mean a large tax bill. If you sell your principal residence and meet certain requirement…

The line between a hobby and a business isn’t always obvious — but it can have a major impact on your taxes. Learn what ...
07/02/2026

The line between a hobby and a business isn’t always obvious — but it can have a major impact on your taxes. Learn what the IRS looks for and how to strengthen your position as a for-profit business.

Do you operate a side gig in addition to your regular job? The way the IRS classifies that activity can have a significant impact on your taxes. If the IRS treats the activity as a hobby, you’re re…

You may not realize your bookkeeping has fallen behind until you need to file a tax return or complete a loan applicatio...
06/30/2026

You may not realize your bookkeeping has fallen behind until you need to file a tax return or complete a loan application. Learn how to spot warning signs, organize your books and access timely, reliable data.

Has your business’s bookkeeping fallen behind? Getting back on track is often easier than you think. With a disciplined approach and the right support, you can regain control. Start by organizing k…

Self-employed individuals often miss legitimate tax savings. Don’t let this happen to you. Learn the basics of claiming ...
06/24/2026

Self-employed individuals often miss legitimate tax savings. Don’t let this happen to you. Learn the basics of claiming business expense deductions, including those for your home office, meals, vehicle and more.

Self-employed individuals often miss legitimate tax savings because they fail to keep adequate records or misunderstand the rules. Don’t let this happen to you. Follow this golden rule: Business ex…

A new savings opportunity could help parents, grandparents, and employers build long-term wealth for children—with a pot...
06/22/2026

A new savings opportunity could help parents, grandparents, and employers build long-term wealth for children—with a potential $1,000 head start from the federal government. Do you qualify?

What is a Trump Account (IRC §530A) and Who Can Benefit? A new savings opportunity could help parents, grandparents, and employers build long-term wealth for children—with a potential $1,000 head s…

If your employees don’t use their paid time off (PTO) benefits, you may have a problem. Summer is a good time to revisit...
06/22/2026

If your employees don’t use their paid time off (PTO) benefits, you may have a problem. Summer is a good time to revisit your policies and address the hidden risks of unused PTO.

Summer often means vacation time. But if your employees don’t take accrued paid time off (PTO), it can be a problem. Depending on your policies and state laws, workers may lose unused PTO hours at …

06/19/2026

Not all intangible assets are created equal in the eyes of the IRS. Learn the federal income tax treatment for capital vs. noncapital self-created intangibles — and why the distinction matters to small business owners. https://wp.me/p77IVw-33o

Tax scams continue to evolve. Here are some common ones to watch for and how to avoid becoming a victim.
06/17/2026

Tax scams continue to evolve. Here are some common ones to watch for and how to avoid becoming a victim.

Scammers continue to target taxpayers through email, text messages, phone calls and regular mail. They often try to create urgency or fear to trick victims into sharing sensitive information or sen…

Address

30600 Telegraph Road
Bingham Farms, MI
48025

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

(248) 642-5700

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