Banking & Finance

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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...

Incentivizing employees

In an ever-changing business climate, it’s essential for leaders in all industries to keep up with the latest trends in human resources and be...

How asset location is important to portfolio growth

You likely have heard the saying that the three most important factors in real estate are location, location and location. In wealth management, location is...

The rescission doctrine is a real-life do-over

Have you ever made a business decision and later wished you hadn’t? Do you wish you could go back and change it? Similar to...

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...

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...

Michigan’s personal property tax reform: It’s not as easy as it sounds

On Aug. 5, Michigan voters elected to repeal Michigan’s personal property tax, or PPT. What does this mean for Michigan businesses?First, know that the...

New Affordable Care Act reporting requirements

If you provide or offer health insurance benefits to your employees, you could be subject to new reporting requirements.Perhaps one of the biggest filing...

Define your success

We are rapidly approaching the end of another year. Was it successful? How will you make next year more successful? More importantly, how do...

How the SECURE Act changes your financial planning

At the end of 2019, while most of us were focused on the holidays and year-end priorities, the federal government passed the Setting Every...

11th-hour tax tips for individuals

With the April 18 tax deadline fast approaching, it's essential to assess your tax situation and evaluate potential tax savings areas. The time has...

Will Detroit’s bankruptcy end irresponsible lending?

Detroit’s bankruptcy will ultimately have a positive impact on cities across West Michigan and the U.S.The initial reaction to Detroit’s bankruptcy stressed the impact...

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...

What is reasonable compensation?

The IRS requires that a closely held business pay its owner/employee a “reasonable” level of compensation. But what is reasonable?Should the sole owner and...

Entity status under new tax law

With the new Tax Cuts and Jobs Act, or TCJA, in effect, business owners should be questioning whether their current entity status is optimal.For...

Intellectual capital is key to transitioning the family business

When it comes to the transition of a business, there is much to consider.Business owners should ask themselves about their motive for transition and...

Where’s the productivity?

In spite of headlines pointing to emerging signs of recovery, the economy continues to perform poorly. Jobs and hours worked are a poor guide...

Why is the Fed buying $85B a month in securities?

Financial markets respond to each Fed statement related to its strategy of buying $85 billion a month in securities.Stock prices fell sharply when Bernanke...

Business transitions: What legacy do you want to leave?

The more diligent and focused business owners are on improving the value of their business, the more likely they are to achieve their desired outcome.

What’s the economic state of the Union?

The Union cannot be strong when the economy is weak. Our economic weakness is readily apparent. It’s apparent to those who have jobs and...

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