Year: 2009

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“Waste not, Want not”

I owe my parents sincere thanks for instilling in me the value of money and the benefits of...

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Statute of Limitations Set by Contract

Unless the parties agree otherwise, the Statute of Limitations for a breach of contract claim in Michigan is...

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Decision of Michigan Court of Appeals Expands Rights of Minority Shareholders

On September 24, 2009, the Michigan Court of Appeals issued an important decision on the rights of minority...

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The Business Owners Arsenal

Perhaps the least understood and utilized weapon in the management arsenal are the business financial statements. While I...

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Crain’s Detroit Article: Detroiters’ emotional attachment increases, despite economy

  In this tough economic climate, a little good news for our City is welcomed. Detroit has been...

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Michigan Corporation and LLC Information Update Forms

Each year, limited liability companies (LLC) and corporations must file an Information Update with the State of Michigan....

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Trouble in Paradise

A new client came to me the other day concerned that while the business results for their most...

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“Tis the Season”

One of the most common mistakes made by many accountants or financial advisors is their failure to adequately...

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Revised I-9 Form and Employer Guide

The Department of Homeland Security has released a revised I-9 Form (Click for a PDF version). The I-9...

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Settlement Discussions: What You Say Will Not Be Held Against You

An estimated 95% of lawsuits brought in Michigan are settled out-of-court, without ever going to trial. Trial preparation...

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