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This past week the Michigan Court of Appeals issued its much-awaited decision on the fate of minimum wage and earned sick leave laws in the State of Michigan. Recapping history, in 2018 two groups collected enough signatures via petition to force the…
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When negotiating the sale of a business, one of the first decisions the buyer and seller must agree upon is whether to structure the deal as a stock sale or an asset sale. Assuming the business is incorporated, it has shareholders who own stock (or,…
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When assisting clients with buying or selling a business, the initial challenge is the process of “due diligence,” requiring a deep dive into the company being sold. Parties are usually surprised at the time and effort necessary for the investiga…
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With a sizeable portion of the workforce continuing to work remotely, many taxpayers may be wondering whether they qualify for a home office deduction. Employees are not eligible for the deduction, even those who work 100% remotely. Only self-employe…
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On January 1, 2023, Michigan’s minimum hourly wage rate increased from $9.87 to $10.10 per hour pursuant to Michigan’s Improved Workforce Opportunity Wage Act of 2018. Additionally, the 85% rate for minors aged 16 and 17 increased to $8.5…
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Wright Beamer wishes you a joyous and prosperous New Year! We look forward to continuing to serve your legal needs in 2023. As you plan your celebrations and events, here are a few traditions from around the world that you might find interesting: Col…
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At 3:00 on Saturday afternoon, June 11, 1983, I finished working my last day shift, turned in my badge, service weapon and uniforms, and thus ended my 9-year career as a police officer. Two days later, on Monday, June 13, I put on my brand new three-…
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Hamilton … Lin Manuel Miranda’s celebrated musical retelling of the life of Founding Father Alexander Hamilton … enjoyed a sold-out run at Detroit’s Fisher Theater last month. Having been lucky enough to see the original production on Broadwa…
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You have likely heard or read advertisements encouraging you to call a certain consulting service regarding qualification for the Employee Retention Credit (ERC). This refundable tax credit encourages businesses that were financially impacted by COVI…
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Unlike residential tenants, most commercial tenants were not relieved of the obligation to pay rent during the pandemic. In a recent case, the tenant alleged that the purpose of the lease—to use the property to operate a gym—was frustrated by the…
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