Banking & Finance

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Growing your community through impact investing

Millennials are known for their commitment to sustainability and loyalty to companies that are making an impact. Through their spending habits and investment portfolios,...

Wealth as a tool to build families up, not tear them down

In any family, wealth is a tool. Used wisely, wealth can fix problems and build opportunities for generations to come. Used irresponsibility, wealth has...

Where are the world’s financial leaders?

What’s happening in Cyprus says more about the world’s financial leaders than it does about the economic significance of Cyprus. And what it says...

Why is the fiscal-cliff agreement good news?

There are several reasons why the fiscal-cliff agreement represents a positive policy development.  The most important reason is it locks in most current marginal tax...

Accounting for the cannabis industry: Prepare yourself for tax scrutiny

In light of the recent legalization of recreational cannabis in Michigan, the industry is rapidly growing and changing. Business owners and entrepreneurs are seeing...

What kind of relief can you expect from the CARES Act?

A summary of some of the high points of the act will help you identify what kind of relief you can expect.

The Michigan Offer in Compromise for back taxes

The federal Offer in Compromise program is a powerful and often successful option for those who are unable to pay back taxes.Effective Jan. 1,...

6 easy ways to help prevent occupational fraud

Occupational fraud is otherwise known as employee theft. It’s a business owner’s worst nightmare.Fraud is a difficult subject, one that many would just like...

The $800 billion Romney-Ryan stimulus plan

There seems to be a fair amount of uncertainty over Governor Romney's plan to heal the nation's struggling economy. In fact, the Romney-Ryan team has...

Retirement plan options for small employers

Most small business owners are fully aware of the cost of employee turnover and are diligent in offering benefits that appeal to and reward...

Outsourcing is a valuable business strategy worth considering

O­­­­utsourcing for accounting, human resources, legal and IT allows companies to be more efficient.

How to make good financial choices in uncertain times

In the face of uncertainty, it is still possible to make valuable financial decisions and doing so can help avoid permanently costly mistakes.

President Trump’s proposed tax reform

President Donald Trump recently unveiled a new tax reform proposal titled “2017 Tax Reform for Economic Growth and American Jobs.” This reform calls for...

Hot-button tax issues straight from Washington

I recently had the opportunity to attend a national real estate and partnership tax conference in Washington, D.C. Snoozefest, right?Maybe for you, but it...

Is it a business or a hobby?

Is your “business” not really a business, but just a hobby in the eyes of the IRS?At what point is the work you perform...

Is your business missing out on valuable tax dollars?

The Research & Development tax credit remains one of the most underutilized tax-savings opportunities for manufacturers and other companies. Businesses across the U.S. are...

Financial tips to help you prepare for a recession

Why are people more afraid of flying than driving, even though car wrecks are far more frequent? As one academic suggests, “in a car,...

What will increase spending?

By creating almost $2 trillion in bank reserves, the Fed has created the potential for a massive increase in spending. Path to spending For the increase in spending...

Don’t let time and your estate planning slip away

As we all know, the 2017 Tax Cuts and Jobs Act made many changes to how we look at tax planning. One change that...

Estimated tax payments — a necessary evil: Part 2

Last month, we introduced the “evil” concept of estimated tax payments — what they are and who is required to make them. To review,...

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