You do it. I do it. We ALL do it. But should we? Whether it is the distraction of phone calls, emails, or checking texts or Facebook on our iPhone, we always seem to be doing two things at once. However, scientific studies have shown that we are not really doing two things at once. ...Read More
Compliance with IRS and Department of Labor regulations governing 401(k) Plans is filled with landmines and traps for the unwary. Here are six easy ways you can screw up your own 401(k) plan and, if you’re a plan fiduciary, be personally liable for all the costs and expenses related to the problems.Read More
Choose 3 things that made you better in 2017 and focus on how you can improve on those. Choose 3 things that hindered you in 2017 and determine to eliminate those in 2018. Get up 30 minutes early. Implement The Miracle Morning. http://bit.ly/2ku1dyr I highly recommend the program ManicTime for tracking your time and productivity. It’s awesome....Read More
Some of you may be driving for the holidays so I thought I’d share some of my favorite podcasts with you. You already know I like to read (check out my latest book reviews here), but I’ve been driving a lot lately so I recently decided to explore podcasts as a new learning tool. Before...Read More
My periodic review of State of Michigan court cases continues with an important case Renco Electronics, Inc. v. UUSI, LLC (dba Nartron), dealing with how to respond when a supplier breaches a contract. Nartron contracted with Renco for Renco to manufacture specialized products; Nartron sold to OEMs. The contract required Nartron to pay for all...Read More
Numerous books, articles, speeches, blog posts have been written over the last few years about why content marketing is required as part of any company’s marketing and sales strategy. Youtility: Why Smart Marketing Is about Help Not Hype by Jay Baer, does an excellent job explaining why content marketing is the best approach to reaching...Read More
The tax court recently gave another reminder of the importance of properly documenting shareholder loans, and making sure that they reflect economic reality. If they don’t, any attempt to deduct these loans as bad debts will be disallowed, causing financial and tax heartache for the lender-shareholder. In Sensenig, TC Memo 2017-1, the court relied on three...Read More
That’s it… I’m stopping cold turkey. No more Twitter. I’ve been trying to be more active on social media, reach out to my clients in new and unique ways (at least for me), but Twitter is just one tool that I’ve given up on. Yes, I announced with great fanfare not too long ago that...Read More
We live in a global economy. But that doesn’t mean that you want to travel halfway across the globe if there is dispute with one of your contracts.Read More
When my client decided to sell her business, she thought most of the issues would revolve around agreeing on the ultimate purchase price, and minimizing any claims the Buyer could make against her after the sale. However, it turned out, lease issues posed the biggest problems.Read More
