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.

How can you make the best insurance decisions for your business? Obviously, you don’t want to overpay for unnecessary co...
06/03/2026

How can you make the best insurance decisions for your business? Obviously, you don’t want to overpay for unnecessary coverage. But you also don’t want to skimp where risk is high. Start by reviewing common policies.

Is your business paying for insurance coverage you don’t need — or missing protection where risk may be significant? You may have many options to choose from, depending on your organization’s opera…

Keeping your withholding aligned with your expected tax liability can help you enjoy better cash flow during the year an...
05/29/2026

Keeping your withholding aligned with your expected tax liability can help you enjoy better cash flow during the year and avoid unwelcome surprises at filing time. Learn how to fine-tune it.

Many taxpayers discover at filing time that their tax payments during the year didn’t align with their actual liability — either too much or too little was withheld from their paychecks. Keeping wi…

Does your business own commercial real property? A closer look at your building costs could change how quickly you can d...
05/27/2026

Does your business own commercial real property? A closer look at your building costs could change how quickly you can deduct those expenses. A cost segregation study can uncover tax savings hidden in plain sight.

Does your business own commercial real property? A closer look at your building costs could change how quickly you can deduct those expenses. Business buildings generally have a 39-year depreciatio…

Strategic alliances aren’t just about expanding market reach, achieving operational synergies or improving profitability...
05/22/2026

Strategic alliances aren’t just about expanding market reach, achieving operational synergies or improving profitability. They can also help your business “audition” for a future merger. Here’s how.

Joint ventures and other strategic alliances can help your business expand its market reach, achieve operational synergies and improve profitability. A well-structured arrangement may also give you…

Rebalancing your investment portfolio periodically is necessary to maintain your desired asset allocation, which can hel...
05/20/2026

Rebalancing your investment portfolio periodically is necessary to maintain your desired asset allocation, which can help manage risk and achieve your goals. Here are some tips for tax-smart rebalancing.

Large stock market gains in recent years, coupled with volatility in 2026, may have left you with a portfolio that’s out of balance with your desired asset allocation. If you haven’t rebalanced rec…

SEP and SIMPLE IRAs are particularly suited to small businesses with tight budgets. Read on to learn about the benefits ...
05/20/2026

SEP and SIMPLE IRAs are particularly suited to small businesses with tight budgets. Read on to learn about the benefits and potential disadvantages of these cost-effective employee retirement savings options.

Some small business owners assume that offering their employees a retirement plan is cost prohibitive. But two plans are particularly suited to employers with fewer than 100 workers: SEP and SIMPLE…

C corporation shareholders usually owe tax on gains from selling stock. But with qualified small business (QSB) stock, o...
05/18/2026

C corporation shareholders usually owe tax on gains from selling stock. But with qualified small business (QSB) stock, owners hold the key to a potential gain exclusion. Is this strategy right for your business?

C corporation shareholders usually owe tax on gains from selling stock. But qualified small business (QSB) stock sales may qualify for a special gain exclusion. To be eligible for this break, certa…

05/15/2026

Securing ownership of your business’s IP is critical. Without the right legal agreements in place, employees or contractors could claim rights to these important value drivers. https://wp.me/p77IVw-32l

To minimize potential interest and penalties and maximize tax-saving opportunities, look beyond April 15 to the tax-rela...
05/13/2026

To minimize potential interest and penalties and maximize tax-saving opportunities, look beyond April 15 to the tax-related deadlines you may face for the rest of 2026.

Here are a few key tax-related deadlines for individuals for the rest of 2026. JUNE 15: Pay the second installment of 2026 estimated taxes, if applicable. SEPT. 15: Pay the third installment of 202…

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is con...
05/11/2026

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is considered passive under the IRS’s passive activity loss rules.

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is considered passive according to the IRS’s passive activity loss rules. Under the…

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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