Private equity groups have specific goals they are seeking to meet, and these goals should be taken into account by sellers when considering whether or not to proceed with a sale. Checklists are helpful in ensuring all relevant issues in…
In these unprecedented times, many owners are frequently forced to make difficult decisions regarding the viability of their business. A Chapter 11 bankruptcy reorganization may allow for the preservation of the existing business, but first each business owner must assess…
If you don’t have an estate plan yet, you’re not alone. It is not uncommon for Americans to die without having an estate plan in place, often leaving behind a mess to be sorted out by family, friends, and the…
$441 billion was the identified tax gap (the difference between the amount of taxes that should be paid and the amount voluntarily paid on time) in a recent audit of the IRS by Treasury Inspector General for Tax Administration (TIGTA). …
In March 2020, the Coronavirus Aid, Relief, and Economic Security Act (also known as the CARES Act) was enacted into law to provide certain relief measures for certain borrowers (including business owners and individuals) as a result of the COVID-19…
The COVID-19 pandemic and resulting government prohibitions on individuals and businesses in Michigan have placed unprecedented pressure on commercial landlords to offer flexibility to struggling tenants. While commercial evictions were not expressly prohibited in the state of Michigan, many landlords,…
The Strobl law office is open and is committed to providing a safe environment for our clients and employees. We are staying abreast of COVID-19-related executive orders and legislation at the federal, state and local levels and their effect on…
CARES Act and Michigan Small Business Relief Guide April 3, 2020 If you are a business owner, you have likely been following the dizzying array of orders, laws, programs and regulations that apply to you and your business. This guide…
