Year: 2012

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Reasonable Compensation

For the owners of an S-corporation there is always the allure to minimize their own wage for one...

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“Termination” or “Non-Renewal”: The Importance of Clarity in Contract Drafting

Clear and accurate contract drafting is critical. Careful drafting helps express the true intent of the parties, makes...

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How to stay off the mailing list with the IRS; practical advice

Too many times over the years we have seen individual income tax returns rejected or taxpayer refunds held...

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Michigan Court of Appeals: Five-Foot Tall PVC Pipes Are Physical Improvements, Giving Priority to the Drilling Company’s Construction Lien

One of the more technical areas of real estate law concerns liens. The most common lien that people...

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IRS Revises Power of Attorney Form

Effective March 1, 2012 taxpayers who file a joint tax return can no longer send in a jointly...

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Court of Appeals Upholds Ruling Requiring Judicial Permission To File A Lawsuit

The filing of frivolous lawsuits is widely considered a problem. Frivolous lawsuits cost a significant amount of money,...

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Michigan Court of Appeals Orders Family to Tear Down Home

With the rise in planned unit developments, condominiums, and newer large-scale subdivisions, deed restrictions are increasingly common. In...

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Beware of Improper Approval of Contract When Dealing With A Municipality

When contracting with a municipality, it is critical that the non-municipal party complete its due diligence. Although the...

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2011 vs. 2012 Depreciation Rules

As most business owners are aware, the depreciation rules for 2011 created significant benefits for businesses large and...

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Michigan Court of Appeals Declines To Expand Definition of Owner Under Michigan Homestead Act

In a recent case, Rule v US Bank, the Michigan Court of Appeals declined to broaden the definition...

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