Category: Business Practices
Special Guest Post: What Does the “Limited Liability” Mean in Your LLC?
John T. Carter is a Partner with Witzke Berry Carter & Wander, PLLC in Bloomfield Hills, MI. Mr. Carter leads the firm’s Business Law and Commercial Transactions group and he has over 18 years of experience working with Michigan based organizations that service...
Michigan tech entrepreneurs: Are your accounting and financial systems as tight as your code?
Michigan's start-up scene is on fire, and that means there are lots of entrepreneurs out there looking to get their nascent businesses off to the right start. Preparing a start-up for the days when lenders, venture capitalists or other investors...
Eight Ways to Stay Focused in a Troubled Company
There’s no denying that work is much easier when your organization is flying high or your sector is booming. But working for a troubled company or in a dying industry needn’t be all bad. The challenge is recognizing the opportunities...
Nine Qualities of Truly Confident Managers
Confidence is not bravado, or swagger, or an over pretense of bravery. Confidence is not some bold or brash air or self-belief directed at others. Confidence is quiet: it’s a natural expression of ability, expertise, and self-regard. And its necessary...
IRS website explains tax provisions of the health care law; provides guide to online resources
In July, we told you that large employers could take more time implementing the new "Obamacare" health insurance changes. Now, the IRS has launched a new Affordable Care Act Tax Provisions website at IRS.gov/aca to educate individuals and businesses on...
Oct. 1 Affordable Care Act (ACA) Deadline Looms for Small Business Owners
The online health insurance exchanges created by the Affordable Care Act will open for business on Oct. 1--two weeks from now. And while employers with 50 or fewer full-time employees are not required to offer health insurance coverage under the...
“Know anyone?”: A guide to professional service provider referrals
Referrals are how most of us find professional service providers: we use the orthodontist our child’s dentist recommends, we try out the hairstylist that gave a friend a great cut, or we call the contractor who built our neighbor a...
Remember to report unclaimed assets to the State of Michigan
The state of Michigan is clamping down on businesses need to report unclaimed property, and your professionals at ShindelRock want to remind you about this important obligation. Unclaimed property are assets (money mostly) that belong to someone else which are...
Home Office Deduction: The IRS Offers a New Method
Starting with the 2013 return, the IRS released Rev. Proc 2013-13 which gives taxpayers an optional safe-harbor method to calculate the amount of deduction for expenses for qualified business use of a residence. Individual taxpayers who elect this method can...
SCAM ALERT: Phony scheme collects $125 fee to prepare annual corporate records
REMEMBER: If you're even unsure about a request for personal or business information or question the legitimacy of an IRS or state tax document, please contact your professional at ShindelRock. Scam Targets Corporations; LARA alerts Michigan businesses of scheme collecting...