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Chaldean Debbie Kassa Help Uncover Hidden Liabilities
By David Najor :: Friday, August 8, 2008 :: 61525 Views :: Law & Order, Business & Finance

There are many things involved in establishing a new business. “One of the important steps is to protect yourself from hidden liabilities,” says tax clearance expert Debbie Kassa.   When buying or establishing a new business in Michigan, Taxpayers are required to meet certain obligations under Michigan law, including filing tax returns on time and with the correct payment when required.

Kassa is a decade long veteran of the Michigan Department of Treasury where she was in charge of reviewing Tax Returns from 1040's to the SBT & SUW returns. She also worked 7 years in the Tax Clearance Division reviewing Business accounts for Businesses & Corporations seeking a Tax Clearance.

Kassa advises every business owner on Successor Liability and how to best prepare or avoid such situations.  “When any Chaldean buys a business, even a portion of a business (including stock of goods or even the transfer of a liquor license), they may be held responsible for the previous owner's liabilities, regardless of any contractual language to the contrary.“

Kassa explains that a successor in the business must withhold sufficient purchase money to cover any business tax debts incurred by the previous owner. These funds may be released when the previous owner produces a receipt showing the taxes have been paid, or a Tax Clearance Certificate from the Michigan Department of Treasury stating that no taxes are due.

When consulting Chaldeans Kassa says the biggest challenge relating to Tax Clearance is that Chaldean business owners are intimidated by the process, find it confusing, and like to believe their accountants are handling the maze.  “That may not be the case,” says Kassa.  “They need to stay on top of what their CPA's are doing with their taxes when it comes to filing returns. Don't just assume the seller of a business (related or not) doesn't have a tax liability.”

“Ultimately you are responsible for the accuracy of your returns, no matter who you hire to prepare them. You must also keep accurate and complete records for determining tax liability, as required by law or department rule.”

The horror stories of deals gone wrong or delayed to a point where banks pull their loans is common.  Accountants and business owners often turn to Tax Clearance experts like Debbie Kassa to help navigate the government bureaucracy and expedite the process.  With over a decade at the Michigan Department of Treasury, Kassa has the contacts and strategies needed to get things moving. 

Kassa says, “this also applies to personal tax returns.  Those who fail to pay their proper share can face penalties and jail time.  Often these situations require an experienced, knowledgeable, and delicate touch to help clear-up a misunderstanding.”

To learn more about Tax Clearance and business related regulations in Michigan, readers can e-mail Debbie Kassa directly at taxclearance@sbcglobal.net.

St. Joseph, MI USA

St. Joseph Chaldean Catholic Church
2442 E. Big Beaver Rd.
Troy, MI 48083
Tel: (248) 528-3676
Fax: (248) 524-1957

Congregation Organizer:
Rev. Michael J. Bazzi

Church Constructing Pastor:
Rev. Sarhad Y. Jammo

Current Pastor:
Msgr. Zouhair Toma

Parochial Vicar:
Rev. Ayad Hanna

 Current Pastor: Msgr. Zouhair Toma

Msgr. Zouhair Toma (Kejbou) was born in Telkaif, Iraq in 1947.  He was ordained a priest in Baghdad, Iraq in 1968, and accepted his first assignment to serve the community of Baquba.  The Monsignor’s leadership skills and organizational talents along with his mastery of theology were immediately evident.  He later assisted Sts. Peter and Paul in Al-Salehia, and St. George in New Baghdad.

In August, 1978 Monsignor Toma was called to serve the growing community of persecuted Chaldeans finding refuge in Australia.   Being the fist Chaldean priest to arrive in Australia he quickly established a parish for the Chaldeans in Sydney to serve their social and spiritual needs.  The parish was named after St. Thomas the Apostle and built a rectory. 

In 1989, for his incredible work he was granted the title of Monsignor, Chaldean Patriarchal Vicar for Australia and New Zealand.  Continuing his passionate work to serve the Chaldean community the Monsignor moved the Parish Center to a more accessible location and built a large church campus featuring a modern community center, residence quarters, and administrative offices in 1995. 

In 2003, Monsignor Toma added a magnificent church to replace the previous one in order to serve the fast growing community and also opened two other centers.  The first was Our Lady Guardian of Plants in Melbourne, and the second was Mar Addai the Apostle in Auckland, New Zealand.  Mar Addai in New Zealand included two very large churches along with rectories and community centers.  Overseeing the Patriarchal Vicariate for 28 years, he managed to inspire six more priests to help minister to the fast growing Chaldean community. 

In August 2006, Monsignor chose to assist the St. Thomas the Apostle Diocese in the U.S. as more Catholic churches were being built in America and address the growing need.  On October 2006, Monsignor was incardinated and appointed Pastor of St. Joseph Parish in Troy.