Business Perpetuation Planning - A Must-Have for Every Business

May 19th, 2009
Other than Estate Planning, the most neglected area of personal and business financial planning is the establishment of a perpetuation plan for your business. Most small business owners are so consumed by the day-to-day activities of their business t… Read More
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Categories: Business Succession Planning

Retirement Plan Contribution Limitations for 2009

April 16th, 2009
While the stock market decline over the last year has made many people concerned about continuing to contribute to their 401(k) plan account, history has shown that a disciplined and consistent plan of investment is the best policy over time through… Read More
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Categories: 401k Plans, Employee Benefit Planning and Administration

Amendment of Qualified Retirement Plans

March 15th, 2009
Many employers maintain one or more qualified retirement plans for their employees. The most popular qualified retirement plan is the 401(k) Profit Sharing Plan. All qualified retirement plans are required by law to be in writing and must include num… Read More
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Categories: 401k Plans, Employee Benefit Planning and Administration

Tax Update - Extension of Michigan Real Estate Transfer Tax

February 10th, 2009
The Michigan real estate transfer tax (“MRETT”) has been extended to contracts for the transfer or acquisition of an outstanding interest in an entity if the real property owned by that entity is 90% or more of the entity’s fair market value. H… Read More
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Categories: Estate Planning, Real Estate, Taxation - Individual and Business

Wrongful Termination Lawsuits on the Rise

January 15th, 2009
As the economy continues to head south, wrongful termination lawsuits are on the rise, according to a recent article in Newsday. Labor and employment lawyers expect these suits to increase dramatically in the coming months as employers continue to la… Read More
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Categories: Firm News
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