Straley Lamp & Kraenzlein P.C. is a full-service Public Accounting firm serving clients throughout Michigan. Our focus is on our clients. We are committed to providing our clients with professional, personalized services and guidance for a wide range of financial and business needs. We create a working environment that makes complex financial matters into seamless solutions.
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Straley Lamp & Kraenzlein P.C. provides a wide range of services to individuals and businesses in a variety of industries.
At Straley Lamp & Kraenzlein P.C., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At Straley Lamp & Kraenzlein P.C., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
At Straley Lamp & Kraenzlein P.C., we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
At Straley Lamp & Kraenzlein P.C., we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
About Our Firm
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Originally founded in 1930, Straley Lamp & Kraenzlein has been providing quality, professional, and personalized service for over 80 years.
Today, Straley Lamp & Kraenzlein is a versatile accounting and consulting firm that employs a professional staff of over 20, including eleven Certified Public Accountants.
We offer a broad range of services for the public and private economic sectors.
Due to the size of our firm and our diversity of services, we are able to provide quality, professional, and personalized service to each of our clients.
Today, Straley Lamp & Kraenzlein is a versatile accounting and consulting firm that employs a professional staff of over 20, including eleven Certified Public Accountants.
We offer a broad range of services for the public and private economic sectors.
Due to the size of our firm and our diversity of services, we are able to provide quality, professional, and personalized service to each of our clients.
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But what should be done with those documents after your check or refund request is in the mail?
Federal law requires you to maintain copies of your tax returns and supporting documents for three years.
This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of time.
However, if the IRS believes you have significantly underreported your income (by 25 percent or more), it may go back six years in an audit.
If there is any indication of fraud, or you do not file a return, no period of limitation exists.
Federal law requires you to maintain copies of your tax returns and supporting documents for three years.
This is called the "three-year law" and leads many people to believe they're safe provided they retain their documents for this period of time.
However, if the IRS believes you have significantly underreported your income (by 25 percent or more), it may go back six years in an audit.
If there is any indication of fraud, or you do not file a return, no period of limitation exists.
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