Unclaimed Property
It’s that time of year again to report unclaimed property to the state. This past year, the state government really cracked down on this law by sending notices out in …
Unclaimed Property Read MoreBlog
Deducting Business Travel
A client recently called to discuss business travel. She frequently attends conferences and training seminars around the country and was concerned that her high travel expense might be a red …
Deducting Business Travel Read MoreMichigan Legislature Considering Banning Employers and Schools From Asking For Social Networking Information
Employers, understandably, want to know what their employees are like outside of the workplace. They also want to learn as much about as possible about job applicants. Employees are the …
Michigan Legislature Considering Banning Employers and Schools From Asking For Social Networking Information Read MoreCourt of Appeals: Bank’s Mortgage Ineffective Against Resident With Unrecorded Land Contract
In a recent case, Powell v Romano, the Michigan Court of Appeals ruled that a bank’s mortgage was not valid against a party living on land under a land contract. …
Court of Appeals: Bank’s Mortgage Ineffective Against Resident With Unrecorded Land Contract Read MoreNew Medicare and investment taxes for high-income taxpayers
Taxmageddon is about to befall us all. Not only are the favorable rates implemented by the Bush Administration about to expire 1/1/13 but there are new Medicare and investment taxes …
New Medicare and investment taxes for high-income taxpayers Read MoreMichigan Raises Statutory Limits for Small Claims Court
Governor Snyder has recently signed legislation changing the Michigan Small Claims Courts maximum jurisdictional amount in controversy from $3,000 to $5,000. The increase will take affect on September 1, 2012. …
Michigan Raises Statutory Limits for Small Claims Court Read MoreCommon LLC Mistakes
I recently read a good article on LLC Basics written by Nellie Akalp. In reading the article I was quickly reminded of mistakes that I generally see when people are …
Common LLC Mistakes Read MoreMichigan Supreme Court To Determine Whether Four or Six Year Statute of Limitations Applies to Open Account
The Michigan Supreme Court decided to grant leave to appeal to hear whether the four-year limitations of the Uniform Commercial Code, or Michigan’s general six-year limitations period applies to collections …
Michigan Supreme Court To Determine Whether Four or Six Year Statute of Limitations Applies to Open Account Read MoreWho Says You Can’t Fight City Hall?
The city of Stockton California recently tried a unique approach to avoid declaring bankruptcy. The city decided if they stop paying certain bills, they would have more money to pay …
Who Says You Can’t Fight City Hall? Read MoreMichigan Court of Appeals: No Standing to Challenge Foreclosure After Redemption Period Expires
It is a fundamental concept of American jurisprudence that the plaintiff in a lawsuit must have standing to sue. It protects defendants from having to litigate claims from parties who …
Michigan Court of Appeals: No Standing to Challenge Foreclosure After Redemption Period Expires Read More