Looking for something in Muskegon that’s free and fun that the whole family can enjoy? On Saturday, August 25, come out to the Pere Marquette beach in Muskegon to watch the movie How to Train Your Dragon. As stated earlier, it is a free event and open to the public. Bring chairs, blankets,and munchies and spend your night with family and or friends on the beach. Click on the link below to download a PDF of the flyer.
We are excited to welcome Larry Hall to the Brickley DeLong family. Larry just moved back to the Muskegon area from North Carolina. While he was there, he worked as a Intercompany Accountant at Ingersoll-Rand corporate headquarters. Prior to living in North Carolina he worked at another accounting firm in Muskegon in which he performed client accounting, payroll services, and tax services. In 2010, he became a CPA and recieved an MBA from Baker College.
Larry lives in Norton Shores with his wife. He has one daughter. He enjoy road bicycling and playing the guitar. He is a former (retired) musician and used to make a living traveling and playing in bands. He has played at such local events such as Summer Celebration and Party in the Park.
I am very excited to be a part of the team here at Brickley DeLong. I plan to make a long career here and maybe start playing in bands again as a hobby.- Larry Hall, CPA
Fraud is a human problem, to understand it, involves understanding the human elements that it is made up of. Click on this link to take a short quiz to see whether you have what it takes to recognize the warning signs of fraud.
http://www.journalofaccountancy.com/Issues/2012/Aug/20125443.htm
Many Americans have not signed the proper documents to protect their loved ones in the case of an accident. A 2011 Associated Press Survey discovered that 64% of baby boomers did not have a living will. This article below by Deborah Jacobs gives insight into the importance of real estate planning for each life stage. http://www.forbes.com/sites/deborahljacobs/2012/06/26/the-real-estate-planning-crisis-isnt-about-taxes/
Backed by Governor Snyder, the senate is planning on taking on a bill that would make school employees have to pay more for benefits. This bill has already been improved by the House by a a 57-47 vote. To read more, click on the link below. School employees could see a cut it in benefits as soon as the start of the new school year. Please click the link below to learn more about the possible cut to school employees benefits.
http://www.freep.com/apps/pbcs.dll/article?AID=2012207150462
In a 5-4 majority, the Supreme Court has upheld the individual mandate in the Patient Protection and Affordable Care Act (Individual Health Care Act). This mandate requires most Americas to have health care. If they do not, they will face a penalty. This mandate would go into effect for tax years ending after December 31, 2013.
For more information: http://www.washingtonpost.com/politics/supreme-court-to-rule-thursday-on-health-care-law/2012/06/28/gJQAarRm8V_story.html
The IRS has released new guidance on the 0.9% additional Medicare tax scheduled to go into effect in 2013. The guidance is in question and answer format and the link is listed below. http://www.irs.gov/businesses/small/article/0,,id=258201,00.html
Did you know that all the financial statements for all city’s, villages, townships and authorities are located on the State of Michigan Website. Check out the link below:
http://www.michigan.gov/treasury/0,4679,7-121-1751_31038—,00.html
The Internal Revenue Code (IRC) states that all compensation an employee receives from an employer in “any form” constitutes wages subject to employment taxes unless specifically excluded. Examples of “taxable” fringe benefits include: gifts of $25 a year (this includes company logo items), prizes won at company function (summer parties, Christmas parties, etc), bonuses for exceptional work, etc.