Resources for Metro-Detroit Businesses
The 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 MoreThe other day I read an interesting article about the United States Postal Services current money problems. Here are some of the problems that they …
A Crisis is a Terrible Opportunity to Waste Read MoreUnder the common law systems that have developed in Great Britain and the United States, real property has been held in high esteem. Land, due to its uniqueness, and scarcity …
Non-Economic Damages in Tort: Real Property is Special Read MoreIn the previous installment of this two part series, we discussed the concept of unjust enrichment and under what circumstances it can be raised. Unjust enrichment is not available where …
Remedy Without a Contract: Unjust Enrichment Part 2 Read More