Barry Moltz’s article “Does Your Business Have a Debt Ceiling Problem?” puts in laymen’s language the only two reasons why a business should borrow and suggests if a business needs to borrow what resources to use to determine what your business can afford. While the article is very basic, I honestly believe that in many [...]
We have now provided 200 posts aimed at keeping you informed of important legal and accounting updates that effect your business. Thank you to our readers!
Can you ever go out business when you are profitable? This typically can happen with companies that are growing sales extremely fast since they are continually reinvesting cash back into their business. However due to poor cash flow management or slow payment from their customers the owner may find that their business has simply run [...]
It has always been my goal as a business man to stay well ahead of the competition on the technology front. Staying true to this goal has enabled our firm to more efficiently satisfy our client needs and, as such, enhance not only our profitability but theirs as well through reduced professional fees. With that [...]
Demorest Law Firm, PLLC is excited to announce that we have joined in the social networking fun. You can now find us on facebook. All of our posts will automatically feed to our facebook page. Please take a moment and visit our page, and don’t forget to “Like” us!
Melissa Demorest, Associate at Demorest Law Firm, PLLC, has been named a 2010 Super Lawyer Rising Star. Mark Demorest, Managing Member at Demorest Law Firm, PLLC, has been named a 2010 Super Lawyer. This is his 4th consecutive year being named to the list.
An interesting case was recently decided by the United States Court of Appeals for the Sixth Circuit. It involved issues about the role of the Courts in deciding disputes between religious organizations. In General Conference Corporation of Seventh-Day Adventists v. McGill, the Court of Appeals found for the Seventh-Day Adventists in a lawsuit against Walter [...]
We have now reached 125 posts on DetroitBusinessLaw.com. We would like to thank you for reading our articles. We look forward to keeping you up-to-date on developments we feel will be of interest to you. Keep reading!
Those of you that have been around long enough are no strangers to government attempts to force national health care down your throats. Recall that no sooner was that fine upstanding American Bill Clinton put into office, January 20, 1993, he named our now Secretary of State, then First “Lady” Hillary Clinton to head a [...]
The IRS has recently announced a new set of proposed rules for tax preparers. If enacted, the new rules would become effective January 1, 2011. According to the proposed rules, all paid tax preparers would be required to: 1. Register with the IRS and obtain a preparer tax identification number. Once a preparer is registered, [...]
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