Federal

Federal ​Tax

Federal

State Tax

Federal

Individual Returns

Federal

Small Business Returns

Federal

Tax Planning

ABOUT US

Who We Are

Earl D. McMahan founded our predecessor firm, E & M Income Tax in 1984. The business expanded through growth and acquisition, added investment management services and became the Center for Financial Management in 2000. In 2016 we made the strategic decision to transition back to our core business of tax preparation and planning and CFM Tax Solutions was born!


Our founder, Earl McMahan has earned the designations of Certified Financial Planner and IRS Enrolled Agent. We have taken Earl’s planning expertise and leveraged it to our clients advantage. Our client service model is unique in our industry. We provide a focus on quality, tax preparation and of greater importance, ongoing tax planning throughout the tax year.


Judge Learned Hand presided at the U.S. Court of Appeals from 1939 till 1951. We subscribe to his famous quote:


“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the Treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."


We want to help people just like you to achieve the satisfaction of knowing they are paying the absolute minimum legal amount of Federal and State income taxes.

OUR MISSION

To assist our clients in maintaining the lowest legal State and Federal tax profile. We will achieve this through integrity, education, planning, preparation and service that exceeds our client’s expectations.

COMPANY LOCATION

We are located at the Pinnacle Office Center:

41800 West Eleven Mile Road
Suite 216
Novi, MI 48375

Phone: 248-449-2800
Fax: 248-513-3016

Email Us

Click on map marker for directions.
SERVICES

At CFM, we adhere to the concept of SMART (Save Money and Reduce Taxes). We offer a wide range of planning and preparation skills and techniques designed to reduce your taxes to the lowest, legal amount. The Tax Preparation services that we provide include:

  •    Personal Income Tax

  •    Fiduciary Returns

  •    Gift Tax Returns

  •    Unfiled Tax Returns

  •    Small Business Income Tax

  •    Estate Tax Returns

  •    IRS Audit Assistance

  •    IRS Problem Resolution

Tax planning is what sets us apart from our competition. We will work with you during the course of the year to help you plan for how much tax you will pay. Our skilled professionals will analyze your income, monitor your deductions and look for any credits for which you may be eligible. Your Tax Planning strategies can include:

  • Personal Income Tax Planning

  •    Tax Planning for Investment Income

  •    Traditional vs Roth 401K Contribution Analysis

  •    Required Minimum Distribution Monitoring

  •    Trust Tax Planning

  •    Roth IRA Contribution / Conversion Analysis

  •    Stretch IRA Analysis

  •    Retirement Income Analysis

CONSULTANTS

Earl D. McMahan


Earl D. McMahan, CFP. Managing Member and founder of CFM Tax Solutions. Earl has been in the tax preparation and planning industry since 1984. He holds the distinction of IRS Enrolled Agent. His focus is on tax managed income and distribution planning. Mr. McMahan is a graduate of Oakland University, where he attained the Magna Cum Laude distinction and the College for Financial Planning. He is a community activist, having served on the Salvation Army Planned Giving Sub-Committee and the Farmington Hills Parks and Recreation Committee. Earl maintains residences in Michigan and Texas.

Matthew Studt


Matt has always enjoyed working with numbers. This trait helped inspire him to become credentialed as a personal income preparer in 1989. After ten years of tax preparation with a national tax chain, Matt joined what is now CFM Tax Solutions. During his tenure at CFM Matt has thoroughly enjoyed his long term relationships with numerous clients. Particularly satisfying to him are the new found association with the adult children of some of his clients. Matt was born on the west side of Detroit and studied at Michigan State University. He recently retired from his “day job” and enjoys spending time boating, fishing and watching the Detroit Tigers. Matt resides in Westland with his wife, Markie. He is the father of two married children and enjoys three grandchildren.

CALCULATORS

Try these handy financial calculators to provide insight into your financial questions. Feel free to call us to discuss your situation. 248-449-2800

  •    1040 Tax Calculator - How much in income taxes will you pay? Use this 1040 tax calculator to help determine your tax bill for next April.

  •    Charitable Giving Tax Savings - Use this calculator to determine your potential tax savings with a tax deductible gift to charity. This calculator sorts through the tax brackets and filing options to estimate the actual tax savings of your charitable gift.

  •    Marginal Tax Rate Calculator - Use this calculator to determine your marginal and effective tax rates. This calculator sorts through the tax brackets and filing options to calculate your true tax liability.
  •    Payroll Deductions - Use this calculator to help you determine the impact of changing your payroll deductions.

  •    Self Employment Taxes - If you are self-employed, operate a farm or are a church employee use this calculator to determine your self-employment taxes.

  •    All Tax Calculators - Many more helpful calculators.

Please note that all financial calculators require a JavaScript enabled browser. Information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

CONTACT
Thank you for visiting our website, if you would like any further information please fill out the information request form or call and we will contact you as soon as possible
Phone: 248-449-2800

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CFM Tax Solutions, LLC

41800 West Eleven Mile Road
Suite 216
Novi, MI 48375
Phone: 248-449-2800
Fax: 248-513-3016