Michigan Minimum Wage Rate 2025 Increase Schedule
LANSING, Mich. — Michigan’s Minimum Wage will increase twice in 2025 – first increasing on Jan. 1, 2025, following the usual rate increase schedule, and again on Feb. 21, 2025, in accordance with the recent Michigan Supreme Court ruling regarding the Improved Workforce Opportunity...
Corporate Transparency Act Put on Pause
In December 2024, a Texas Federal District Court has issued a nationwide preliminary injunction against the Corporate Transparency Act (CTA), ruling that the law may violate the 1st and 4th Amendments of the U.S. Constitution. This decision means small business owners are not required to comply...
Happy Thanksgiving! Our Office will be closed 11/28 & 11/29!
Happy Thanksgiving from Capocore Professional Advisors! This Thanksgiving, we're grateful for the trust and partnership of our clients, team members, and community. Thank you for letting us be part of your journey! To give our team time to celebrate with their loved ones, our office will be closed...
Important Alert for Business Owners: Beware of Fraudulent Beneficial Ownership Reporting Requests
Business owners should be aware of a rising trend involving fraudulent requests related to Beneficial Ownership Reporting. These scams can create confusion and potentially expose your business to risks. Key Points to Consider: Understanding Beneficial Ownership Reporting This requirement is part...
James Lopiccolo: Sell Service, Not Hours
The accounting profession is “stuck in a rut,” says James N. Lopiccolo, founder and managing member of Capocore Professional Advisors, in Lake Orion, Mich. He says CPAs can’t see “the challenges that are coming by from other non-CPA firms.” - CPA Trendlines "A few months back (November) I had the...
Biden Tax Bill…. What If
Understand the Good, Bad and Ugly of the Biden Tax and Spending Plan. There are several levels of effects. Some are direct to a business or individual, some change intrafamily transactions and others change portfolio valuations and investing.
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Our office is opened Monday through Friday 9am-5pm
46 W. Shadbolt Street, Ste A., Lake Orion, MI 48362