Discover how phantom income affects partners and shareholders in pass-through entities like partnerships and S corps. Learn the difference between allocated income and distributions, and how to protect yourself with a solid operating agreement.
Read MoreWondering if you should use your home address for your LLC? Learn the pros and cons of listing your residence versus hiring a registered agent service for privacy and professionalism.
Protect your business and personal information—start planning today!
Read MoreLearn what happens to your bank account after death and how to avoid probate with POD or TOD designations. Protect your loved ones with proactive estate planning in Southeast Michigan.
Take control of your finances today to ensure a smoother tomorrow for your family. Let’s secure your future together.
Read MoreWondering if it’s too late to move your Michigan rental property into an LLC? Atty. Hadi Harp of Harp Law explains when, why, and how to protect your assets through a proper LLC setup.
Read MoreThis is a compiled list of all the Federal, Michigan, & Detroit Programs that are available for Small Businesses Affected by the Coronavirus.
Read MoreWith the arrival of the Coronavirus, Detroit small businesses might begin asking very important questions: (1) Do they have to pay for goods or services pursuant to a contract while they are closed? What about rent? (2) Conversely, do they need to deliver on their promise to provide goods or services if they are unable to perform? The answer depends on what your FORCE MAJEURE contract clause says.
Read MoreDespite the buzz around smart contracts and the future of commerce, for those currently providing services in the blockchain and cryptocurrency industries, the written contract is still king protocol.
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