Publications for Family Owned Businesses
Even as the rest of the world seems to require everything in writing, it remains an article of faith in farming communities throughout Michigan that business can still be conducted with a handshake.
LARA has issued a warning regarding a letter being sent to Michigan corporations asking for an Annual Minutes Disclosure Statement.
Recent changes to Michigan's Limited Liability Company Act made by Public Act No. 290 of 2010 may affect your limited liability company.
On February 17, 2011, Governor Rick Snyder proposed restructuring Michigan's tax system.
Family-owned companies make up eighty-nine percent of all business and employ sixty percent of all U.S. employees.
If your company is considering a merger, acquisition or internal corporate restructuring, it is important that intellectual property contracts (such as software licenses) be carefully reviewed to determine if the merger may have an effect on the surviving company’s ability to use the software or other intellectual property.
The recently enacted Hiring Incentives to Restore Employment (HIRE) Act may benefit your business with tax savings.
Under the Employee Retirement Income Security Act ("ERISA"), an employer who adopts or agrees to participate in a qualified pension plan is required to make ongoing pension contributions to the pension fund.