IN THE NEWS

Corporate Transparency Act

by Jerico Roblo

This is a new small business reporting requirement for LLCs and Corporations by the Treasury Department. The report, which is not part of any IRS filing, requires businesses to electronically file a form (not yet released) with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and carries significant potential penalties for not filing. If your … Continued

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Office Closure Monday May 16, 2022

by gianb

Our office will be closed on Monday May 16th, and our systems will be unavailable. We apologize for any inconvenience, but appreciate your understanding.

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Michigan Minimum Wage Increase

by gianb

Michigan employers, please take note… On January 1, 2022, Michigan’s minimum wage will increase to $9.87 per hour. The minimum base wage for tipped employees will be $3.75 per hour. Michigan’s minimum wage applies to employers with two or more employees

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Build Back Better Act Framework Presented

by gianb

The attached briefing from Wolters Kluwer provides an outline of the Build Back Better Act, in it’s current form. We do not expect all of these proposals will pass as written, however, this provides insight into what some of the the focus areas will be, and how it may affect businesses and individuals. We will … Continued

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