STILL NOT SURE?

Frequently Asked Questions

Find quick answers to common questions about taxes, payroll, bookkeeping, and business formation. At Dynamite Tax & Financial Service, we make finances simple and stress-free.

What services does Dynamite Tax & Financial Service in Southfield, MI provide?

We specialize in individual tax preparation, business tax preparation, bookkeeping, payroll services, tax planning, and business formation. Our goal is to help individual and business owners stay compliant, maximize refunds, and reduce tax liability.

Do I need to schedule a tax appointment or can I walk in?

We recommend scheduling an appointment to ensure personalized service. However, our Southfield office does accept walk-ins during regular tax season hours. Virtual appointments are also available for clients across Michigan and nationwide.

What documents should I bring for tax preparation in Michigan?

Bring a valid photo ID, Social Security card (or ITIN), last year’s tax return, W-2s, 1099s, income records, receipts for deductions, and business records (if applicable). This ensures your return is accurate and complete. We also send a checklist before your appointment for your convenience.

When is the deadline to file taxes in Michigan?

The federal tax deadline is usually April 15. Filing early helps avoid delays, secure faster refunds, and resolve any issues with the IRS. Dynamite Tax & Financial Service also assists with tax extensions if needed.

Can you help if I owe back taxes to the IRS?

Yes. We help individuals and businesses in Southfield and beyond with back taxes, tax debt relief, IRS letters, and payment plan negotiations. Our IRS representation ensures you don’t face tax problems alone.

Do you offer virtual tax preparation services?

Yes, we provide secure virtual tax filing services for individuals and businesses. Clients can upload their documents online, and we’ll prepare and e-file taxes without the need to visit our Southfield office.

Can you help me start a business in Michigan?

Absolutely. We guide entrepreneurs through LLC formation, corporation setup, EIN registration, operating agreements, and tax registrations. Our business startup services ensure you’re compliant from day one.

Do you provide bookkeeping and payroll services near Southfield, MI?

Yes, we offer reliable bookkeeping, payroll processing, and financial reporting for small businesses in Southfield and throughout Michigan. Our services save you time and help you focus on growth.

How do you help with business compliance?

We help keep your business compliant with state and federal tax laws, annual filings, payroll tax requirements, and financial reporting. Our goal is to prevent costly penalties and keep your business running smoothly.

How much does tax preparation cost in Michigan?

Our tax preparation fees vary based on complexity (individual, small business, or corporate returns). We provide upfront pricing with no hidden fees so you know exactly what to expect.

Do you offer payment plans for tax and accounting services?

Yes, we offer flexible payment options to make our services affordable for individuals and small business owners.

Where is Dynamite Tax & Financial Service located?

Our office is conveniently located at 21751 W Eleven Mile Road, STE 115, Southfield, MI 48076, near major highways for easy access.

What areas do you serve?

We proudly serve Southfield, Detroit, Royal Oak, Farmington Hills, Troy, Novi, and surrounding Michigan communities, plus nationwide clients through our secure virtual tax services.

What are your office hours?

We’re open Monday–Friday, 9:00 AM – 5:00 PM. During tax season, we offer extended hours and Saturday appointments by request.

there’s more to offer

Money & Business Matters

Smart Tax Moves. Strategic Finance. Real Results.

Avoid Bookkeeping Mistakes | Michigan Accountant & Tax Preparer

Avoid These Common Bookkeeping Mistakes Michigan Businesses Make (They Cost Big in Clean-Up Fees)

September 24, 20252 min read

Bookkeeping may not be the most exciting part of running a business, but here’s the reality: ignoring it—or getting it wrong—can cost small businesses in Michigan much more than just time.

At Dynamite Tax & Financial Service, our team of expert Michigan Accountants and Michigan Tax Preparers has seen small bookkeeping mistakes snowball into expensive clean-up jobs that business owners never expected. The good news? With proper systems in place—and the right local financial partner—these problems are completely avoidable.

The Most Costly Bookkeeping Mistakes Small Businesses Face

Here are common mistakes that Michigan small business owners make—and why they lead to high clean-up fees:

  • Mixing personal and business expenses – Makes it harder to know your true financial position.

  • Forgetting to reconcile bank accounts – Errors and missing transactions can go unnoticed.

  • Losing receipts or not tracking expenses – Leads to missed tax deductions.

  • Ignoring overdue invoices – Hurts cash flow and makes collections difficult.

  • Misclassifying income or expenses – Distorts your profit and loss statements.

  • Skipping regular financial reviews – Leaves you blind to how your business is really performing.

Individually, these mistakes may seem minor. But together? They create a financial mess that’s both time-consuming and expensive to fix. Clean-ups often require going through months of receipts, re-entering transactions, and correcting financial reports—driving up costs in bookkeeping and accounting fees.

The Ripple Effect of Inaccurate Books

Poor bookkeeping doesn’t just cost money in clean-up—it also puts your entire business at risk:

  • Loan & Grant Delays – Lenders and investors want accurate records. Bad books slow down approvals.

  • Tax Season Stress – Missing information or inaccurate records can lead to penalties.

  • Poor Decision-Making – When your numbers are wrong, every financial decision is based on shaky ground.

For Michigan entrepreneurs, this can mean missed growth opportunities and extra financial stress.

Why Work with a Michigan Accountant & Tax Preparer

You don’t have to do bookkeeping alone. Partnering with a local expert ensures your numbers are accurate, tax-ready, and reliable.

At Dynamite Tax & Financial Service, we provide:

  • Professional Michigan Accountant services for small business owners

  • Accurate Michigan Tax Preparer support to maximize deductions and stay compliant

  • Strategic Michigan CFO Services to help you grow with confidence

Get Ahead Before the Busy Season

Timing matters. Bookkeeping professionals are in high demand during the holidays and tax season, making it harder to get help when you need it most. Starting your clean-up now ensures you’re ready with accurate numbers and no last-minute surprises.

Let us handle the numbers so you can focus on running your business. Schedule a consultation with Dynamite Tax & Financial Service today and keep your books clean, accurate, and stress-free.

Michigan AccountantMichigan Tax PreparerMichigan CFO ServicesBookkeeping mistakesSmall business bookkeeping MichiganMichigan bookkeeping clean-up servicesSmall Business BookkeepingBookkeeping Mistakes to AvoidTax Preparation MichiganMichigan Bookkeeping ServicesBusiness Finance Tips
Back to Blog

Copyright 2025. Dynamite Tax & Financial Service. All Rights Reserved.