Picture this – a buyer knocks on your door with what seems like an ideal offer and all you have to do is sign a letter to execute the deal. All too often M&A advisors see business owners sign a letter of intent (LOI) without seeking proper coun...

The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place them in service by the end of ...

The Michigan Department of Treasury is warning taxpayers of a scam making its rounds via the U.S. Postal Service. Geared toward Michigan taxpayers with past-due tax debts, the scam sends a government-looking letter about overdue tax bills asking the ...

Marriott revealed that its Starwood division’s guest reservation database was compromised by an unauthorized party on Fri., Nov. 30, resulting in guest information such as payment details, names, mailing addresses, phone numbers, email addresses an...

The Internal Revenue Service (IRS) recently announced changes to the 2019 dollar limitations for pension plans and other retirement-related items based on recent Social Security cost-of-living adjustments. Unlike in some recent tax years, most of the...

Preparing the transition of your business can create different exit planning roadmaps depending on the state of your business or who’s at your final destination. Will it be a key member(s) of your management team or will you be succeeded by family?...

Did you know the Internal Revenue Service (IRS) requires businesses, including dental practices, to collect certain information about individuals and businesses you pay annually? Most business owners, including dentists and office managers, don’t k...

Cyber-attacks continue to become more severe and sophisticated, increasing the need for businesses to prioritize cybersecurity before it’s too late. According to the Ponemon’s 2017 State of Cybersecurity report, the cost of cyber-attacks for smal...