Polk & Associates

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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 industry, 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.

Did you receive a restricted stock award in 2026? Or did your restricted stock shares vest? Or perhaps you sold vested s...
10/16/2026

Did you receive a restricted stock award in 2026? Or did your restricted stock shares vest? Or perhaps you sold vested shares? A ?yes? answer to any of the questions requires careful tax planning, probably sooner rather than later.

If restricted stock is part of your compensation, considering the potential tax consequences well before Dec. 31 is a good idea. You may have decisions to make if: 1) you’ve recently received an aw…

Dividends aren?t the only way to take cash out of your C corporation. Here are some more tax-efficient alternatives to t...
10/14/2026

Dividends aren?t the only way to take cash out of your C corporation. Here are some more tax-efficient alternatives to think about before year end.

Paying dividends isn’t the only way to take cash out of your C corporation. Corporate distributions are generally taxable to you to the extent of your company’s “earnings and profits,” and your com…

Acquisitions involve significant financial risk ? including the possibility that customers won?t embrace your business. ...
10/12/2026

Acquisitions involve significant financial risk ? including the possibility that customers won?t embrace your business. To protect the value of your M&A transaction, take steps to retain these critical stakeholders.

When a business is acquired, its customers don’t always transfer their loyalty to the buyer. Among other things, customers may worry about future pricing, quality and service. So if your business i…

Small business owners may be unsure about the proper tax classification of equipment repairs, facility renovations and r...
10/09/2026

Small business owners may be unsure about the proper tax classification of equipment repairs, facility renovations and replacements of worn building components. As you plan for the end of the 2026 tax year, it?s important to review the rules.

As you review your business’s 2026 expenditures, pay close attention to work performed on buildings and equipment. You can generally deduct ordinary repairs and maintenance expenses, but you must c…

Working remotely may have unexpected state tax consequences if you aren?t careful.
10/07/2026

Working remotely may have unexpected state tax consequences if you aren?t careful.

If you work remotely and split your time between two states during the year, it can create state tax issues. A state with an income tax generally can tax all income of its residents and income earn…

Product-level analysis can support your business?s pricing, purchasing, marketing and inventory decisions. We discuss us...
10/05/2026

Product-level analysis can support your business?s pricing, purchasing, marketing and inventory decisions. We discuss using data to determine which products are profitable ? and which aren?t.

Robust sales don’t always translate into strong profits. A popular product could produce disappointing returns when you account for discounts, shipping, returns and support costs. At the same time,…

Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out...
10/02/2026

Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out the potential tax consequences of decisions you make about your involvement in rental activities, improvements to the property, and the timing and structure of a sale.

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over time. Income and losses from investment …

Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out...
10/02/2026

Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out the potential tax consequences of decisions you make.

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over time. Income and losses from investment …

We had a great time at our final career fair for 2026 at Oakland University...and what a way to end this season!  Thank ...
10/01/2026

We had a great time at our final career fair for 2026 at Oakland University...and what a way to end this season! Thank you to everyone who stopped by!

The tax rules for several fringe benefits have recently changed. See what?s new for 2026 and what to consider as you fin...
09/30/2026

The tax rules for several fringe benefits have recently changed. See what?s new for 2026 and what to consider as you fine-tune your benefits package for 2027.

To attract and retain skilled workers, your small business needs to offer more than competitive pay. Your benefits package matters, too. Tax-free fringe benefits may be especially valuable to emplo…

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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