Category: Audit

Guest Author Victor Hicks II, CFP, AIF: Fidelity Bonding vs. Fiduciary Liability Insurance for 401(k) Plan Sponsors

Fidelity Bonding vs. Fiduciary Liability Insurance for 401(k) Plan Sponsors By: Victor H. Hicks II, CFP®, AIF® Owner, Managing Principal Lumin Financial, LLC An Independent Registered Investment Adviser [email protected] Our clients often ask: Fidelity bonding or fiduciary liability insurance? It’s...

Michigan taxpayers should insist on invoices with sales tax included

  • October 7, 2014
  • Maria Montie, CPA, MST, CVA, MAFF

As most of us know, if a Michigan-based business buys something from out of state and does not pay a sales tax, it’s required to pay a 6% use tax on that purchase (if the purchase would have been subject...

Special Guest Author Victor Hicks: A checklist for plan sponsors to ensure 401(k) plan compliance and optimization

By: Victor H. Hicks II, CFP®, AIF® Owner, Managing Principal, Lumin Financial, LLC An Independent Registered Investment Adviser [email protected] Once a retirement savings plan has been approved and is in place, it’s tempting to sit back and adopt an “I’m...