With all of the uncertainty over re-opening businesses, you might be tempted to ask your employees and customers to sign a COVID-19 waiver before you let them return inside your buildings. Don’t do it. Proving someone did or didn’t contract the novel coronavirus from any particular location or person is extremely difficult. But what isn’t …
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There are two big changes for Michigan companies in 2020 that you may not yet have on your radar screen… The first is the impact of REAL ID. And the second is the overhaul of Michigan’s civil court litigation rules. Notice I didn’t mention the legalization of the recreational of marijuana, nor did I single out the …
Read More “2020 Will Be A Stealthly Big Deal”
USCIS is purging all E-Verify records that are more than 10 years old. E‑Verify employers have until Dec. 31, 2019, to download your case information from the Historic Records Report for all of your E-Verify cases that were created on or before Dec. 31, 2009. Why should you care? Because the government can still audit …
Read More “Download Your E-Verify Records Before They’re Gone”
As 2018 winds down to a close, the biggest housekeeping risk for small businesses remains cybersecurity. If you still think your business is a manufacturing company, a services company, a retail store, an expeditor, an {insert anything else} ? You’re wrong. You are a technology company, that happens to sell manufactured products, retail products, etc. …
Read More “Thieves at the Door… and the Gateway”
You want to buy (or buy-in to) some commercial property. One of you has the cash, the other of you has the sweat. Can your sweat equity count as a capital contribution? Of course it can, but the question is whether you want it to. Because the partnership is taxed based upon its value. And …
Read More “Sweating Over Equity”
“Those who fail to plan, are planning to fail.” The Small Business Association of Michigan has a handy reminder of the fundamentals for not only starting your business, but for making sure your business thrives. The recent changes to our federal tax scheme might have you panicking? Just breath deep and take a S.W.O.T. And …
Read More “SWOT Are You Waiting For?”