Publications for Family Owned Businesses

On December 23, 2024, the United States Court of Appeals for the Fifth Circuit entered an emergency order overturning the December 3, 2024 nationwide preliminary injunction against the enforcement of the CTA.  Presumably recognizing the impact of the lifting of the stay a few days before the January 1, 2025 deadline, FinCEN, only hours after the Fifth Circuit’s decision, published guidance extending some, but not all, filing deadlines. 

The Grand Rapids Business Journal picked up shareholder Jonathan J. David's article on estate planning for small business. This column covered the main points from David's new ebook along with some tips for business owners on sucession planning. 

Estate planning is done to avoid family disputes, but despite the best of intentions, disputes happen when money is at stake.

Looking to enhance business productivity and performance? This article addresses the best practices involved in holding great meetings.

Recent changes to Michigan's Limited Liability Company Act made by Public Act No. 290 of 2010 may affect your limited liability company. 

Family-owned companies make up eighty-nine percent of all business and employ sixty percent of all U.S. employees.

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.