Courtesy of Yeo & Yeo The subject of payroll has been top-of-mind for business owners this year. The COVID-19 pandemic triggered economic changes that caused considerable fluctuations in the size […]
Courtesy of Yeo & Yeo This has been a rough year for many businesses in a broad range of industries — perhaps including your company. As the New Year beckons, you might […]
Courtesy of Yeo & Yeo Cash flow is a top concern for most businesses today. Cash flow forecasts can help you predict potential shortfalls and proactively address working capital gaps. […]
Courtesy of Ahola Corporation As businesses move forward operating in new ways in the midst of this global pandemic, many are rethinking how their employees are compensated. In the pre-Covid […]
By Nolan Felsing, CPA, courtesy of Yeo & Yeo It’s been a year like no other. The sudden impact of the COVID-19 pandemic in March forced every business owner — ready […]
Courtesy of Yeo & Yeo IRS audit rates are historically low, according to the latest data, but that’s little consolation if your return is among those selected to be examined. […]
By Andrew Matuzak, CPA, PFS, courtesy of Yeo & Yeo COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about […]
Notice 2020-65 On August 8, 2020, the President of the United States issued a Presidential Memorandum directing the Secretary of the Treasury (Secretary) to use his authority pursuant to section […]
Courtesy of Ahola On August 8th, President Trump signed an Executive Order that would issue a temporary payroll tax deferral for the employee portion of Social Security taxes, after an […]
The Consumers Energy Foundation is donating $1.8 million to nine organizations to provide a lifeline to small businesses across Michigan – focusing in particular on helping female- and minority-owned businesses.
The IRS issued Notice 2020-23, Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, an update to Notice 2020-18.The notice extends more tax deadlines to cover individuals, trusts, estates, corporations and others. The following is …
Launch statewide effort to encourage Michigan businesses to apply for $349 billion SBA Paycheck Protection Program, starting today.
The Payroll Protection Program goes live April 3, 2020.
On March 16, Gov. Gretchen Whitmer informed the U.S. Small Business Administration that she is seeking an Economic Injury Disaster Loan Declaration for the state and has initiated the process to receive the declaration from …
You might decide to move an employee from hourly to salary because he or she has been promoted or given more responsibilities. Or maybe you want to simplify payroll-cost estimation, as salaried employees are usually …
It is not news that the talent shortage is making employers think about ways to attract and retain exceptional talent. Offering a range of benefits is one such method they are using, and the statistics …
In general, government contracts are awarded to the lowest bidder. Yet prevailing wage laws require contractors to pay wages that are comparable to those for similar work in the same city or geographical area. Such laws …
One option business owners choose for succession planning is an employee stock ownership plan (ESOP). ESOPs can empower and retain employees as well as provide tax savings, but careful consideration needs to be given to …
