May 2010

Building lasting professional relationships has proven successful at Willis & Jurasek, P.C. The firm has built a steady stream of relationships to create a reputable and highly recognized name in the State of Michigan. "We want to be the local leader in accounting services, helping every kind of business succeed," Phil Willis says. Over the years, Willis & Jurasek has done just that for Vermeulen's Furniture.

The answer is "probably."

In November 2007, the Federal Trade Commission issued a set of regulations known as the "Red Flags Rule" requiring certain entities implement written identity theft prevention and detection programs. The Rule was supposed to go into effect in November 2008, but thanks to outcry from business trade groups like the American Medical Association and the American Institute of Certified Public Accountants, the effective date has been delayed several times. The Rule now goes into effect June 1, 2010.

In the state with the highest unemployment rate in the nation, it is often just a matter of time before a Michigan business hires an unemployed worker. Recently Congress and President Obama created a new law that allows companies that hire unemployed workers to pay less taxes relative to companies that hire "employed" workers.