A Look at the MBT – Long-Awaited SBT Replacement
September 1, 2007 - The long-awaited replacement tax for the Michigan Single Business Tax (SBT) has arrived. Michigan now has the Michigan Business Tax (MBT), which takes effect Jan. 1, 2008. Companies that are on a calendar year-end will file their first MBT return for the year ending Dec. 31, 2008.
The Magic of Dreaming Big – Making It Come True
June 1, 2007 - I believe God created each of us to play a key role in His master plan and He designed each of us for greatness. Too often, because of poor self-image, setbacks, rejection, fear, tiredness and/or laziness, we never begin working toward, or give up on, our biggest dreams.
Personal Finance – Unraveling the Mystery of Life Insurance
June 1, 2007 - There are many needs for life insurance, both personally and for the business. There are also many types of life insurance available in the marketplace. This can make buying insurance confusing; nonetheless, it is important to work through the process. We all know of tragic stories of people who haven't planned well.
Ten Commandments for Wealth Preservation – Creating a Roadmap for Your Estate
April 1, 2007 - If you were to sit down to plot a financial roadmap for your estate and your business, there are 10 rules to help you get where you want to go. Here are the first five.
Why Women Should Be the Captain of the Estate Plan – 10 Steps to...
March 1, 2007 - Statistically speaking women outlive men, which means wives are often left to deal with all of the issues associated with transferring wealth. What then are the key issues that need to be addressed? There are 10 steps that the woman, as the likely surviving spouse, should help orchestrate:
Securing the Future of Your Business – Business Succession Planning is Key
February 1, 2007 - Dear Business Owner or Heirs: On behalf of the United States Government, thank you for giving us your business. We appreciate you not making any better plans to distribute the wealth you worked for so many decades to accumulate. We'll do our best to spend it wisely. Sincerely, The Government
Understanding Long-Term Care Insurance – The Over-Looked Fringe Benefit
April 1, 2006 - One of the most tax-advantaged benefits for corporations and their employees today is Long-Term Care Insurance (LTCI). Most people are aware of the personal reasons for having this kind of protection, but they may not be aware of the corporate advantages.
What is Your Exit Strategy?Start Planning Now and Avoid Landmines Later On
March 1, 2006 - Exit strategy means many things to different people. It can mean retirement. It can mean a sale of your business. It can also involve death or disability. In this article, I will focus on retirement.
