On February 23, 2012, the IRS announced that it has an estimated $1 Billion for the one million people who did not file their federal income tax returns in 2008, and of the one million people, over 33,000 are from Michigan. According to the IRS, it i…
Read More
The small business health care tax credit is part of the Affordable Care Act of 2010. Small business employers with fewer than 25 full time equivalent employees, who pay an average annual wage of less than $50,000 per employee, and who pay at least h…
Read More
Despite the advent of limited liability companies in Michigan, S corporations remain one of the most popular forms of business entity. S corporations have several advantages, but perhaps their most attractive feature is pass-through taxation. S corpo…
Read More
Four weeks ago, we reported that the National Labor Relations Board (NLRB) had postponed the implementation date for new workplace posters that explain to employees their right to unionize. The NLRB’s voluntary delay allowed a federal judge to rule…
Read More
Effective January 3, 2012, new penalties may be imposed on commercial motor vehicle (“CMV”) companies as well as their drivers for using mobile phones. As a result of the Federal Motor Carrier Safety Administration’s recent amendment to 49 CFR…
Read More
“Estate recovery” is the term that refers to the right of a state to reach the assets of Medicaid recipients who have died in order to reimburse the state for certain Medicaid payments. Federal law requires each state to have a federally approved…
Read More
In Michigan, a limited liability company (“LLC”) is established by filing of Articles of Organization with the Bureau of Commercial Services. Included in those Articles of Organization is the proposed name of the new entity. The Bureau reviews al…
Read More
Last year, the National Labor Relations Board (NLRB) announced that employers would soon be required to display a workplace poster advising employees of their right to form unions. For the second time, the NLRB has pushed back the implementation date…
Read More
This month, the Michigan Legislature eliminated some fees from the Driver Responsibility Law. After October 1, 2012, drivers are no longer responsible for paying the $150 fee per year for two consecutive years for: Operating a motor vehicle with an e…
Read More
We’ve recently received inquiries from some of our business clients concerning a notice regarding unclaimed property that they have received from the Michigan Department of Treasury. Interestingly enough, the State Bar of Michigan has recently comm…
Read More
