Despite the declining use of checks, they remain a staple in small business and personal transactions. Although issuing a check seems straightforward, the law recognizes that mistakes can occur and gives you enough time to rectify any oversights. However, deliberately...
The Employee Retirement Income Security Act of 1974 (ERISA) is a commonly known employee benefit plan. Companies are expected to administer these plans with their employees' interests at heart, diligently allocating funds or assets for their benefit. Under federal...
Every year, Michigan residents are assessed taxes at both the state and federal level. The tax code is complex, and it can sometimes be difficult to know exactly what you may owe and what deductions you are able to take. Making a mistake on your taxes isn't a crime,...
Michigan law defines embezzlement as the theft or misappropriation of funds or property that has been entrusted to an individual by another person or a business. A store clerk who takes money out of a cash register and an executor who misappropriates estate assets...
A Michigan woman who served as the director of a nonprofit organization that provided housing services to low-income Detroit residents is facing a raft of federal charges including multiple counts of wire fraud, conspiracy to commit wire fraud, aggravated identity...
A Michigan man who operated a consulting firm in Detroit has been accused of defrauding Medicaid. The 59-year-old Livonia resident was arraigned on four counts of Medicaid fraud in an East Lansing District Court on Feb. 14. Each count carries a maximum custodial...
Counterfeiting is punishable both at a state and federal level in Michigan. Most people think of counterfeiting as making fake money, but it includes fake products, dishonest marketing and willful possession of counterfeit items. Trademark and identifying mark...
A married couple who once held senior positions in former Michigan House Speaker Lee Chatfield’s office have been accused of embezzlement. During an arraignment hearing held in an Esat Lansing District Court on Jan 3., the couple entered not guilty pleas to counts of...
The tax system allows businesses and individuals in Michigan to reduce their tax obligations under certain circumstances. Most retirement accounts represent a legal means for you to set aside money tax free, but you may also encounter other financial arrangements...
When consumers use credit or debit cards, they expect the workers they deal with to protect their sensitive financial information. According to recent media reports, three workers at a popular Michigan City fast-food restaurant failed to do this. The two men and a...