Resources for Metro-Detroit Businesses
Mark Demorest, John Holmquist, and from Demorest Law Firm, PLLC were recently named “Michigan Super Lawyers” for 2011. Melissa Demorest has been named a “Rising Star”. The selection of “Super …
Four Attorneys of Demorest Law Firm, PLLC Named “Super Lawyers” for 2011 Read MoreUnless you operate on a cash basis, a common problem is getting paid within a reasonable time. Many reports by credit organizations confirm not only that the problem is widespread, …
Effective Collection Techniques Read MoreThe Michigan State Tax Commission has, by way of Bulletin 14 of 2011, issued notification of the 2012 inflation rate multiplier, to be used for calculating 2012 taxable values. The …
Inflation Rate Multiplier for 2012 Taxable Values Issued Read MoreThe IRS just recently issued some revised tax numbers for 2012. Here are a few highlights: Standard Deduction: $11,900 for married couples filing a joint return. Personal Exemption: $3,800 Annual …
IRS Issues 2012 Inflation Adjusted Numbers Read MoreIf you are a Michigan homeowner who has recently purchased another home and you are unable to sell your old Michigan home, Michigan law may provide some relief. Michigan homeowners …
Attention Homeowners: Michigan’s Homestead Exemption Act Read MoreFor those of you small business owners that haven’t taken the time to check in with your CPA regarding your tax status, it’s time! The good news is that if …
It’s time for a little “crisis tax planning” Read MoreWouldn’t it be great if you had a second chance? Of course it would be. We all love to play Monday morning quarterback. If you converted an IRA to a …
Second Chances Read MoreThe IRS has announced a voluntary program that provides an opportunity for taxpayers to reclassify their workers for employment tax purposes. The contractor vs. employee controversy is one that has …
Independent Contractor vs. Employee Controversy Read MoreThe Michigan Senate is currently in talks to reform or phase out the personal property taxes that businesses’ pay on items such as machinery, computers and other equipment. While it’s …
Business Property Tax Reform on the Way?? Read MoreThe Michigan Attorney General, Bill Schuette, recently issued an opinion (available at http://www.ag.state.mi.us/opinion/datafiles/2010s/op10340.htm) concerning three issues posed by the Michigan Medical Marihuana Act (MMMA): (1) Whether the Michigan Smoking Ban …
Michigan Attorney General Issues Opinion on Medical Marihuana Read More