Measuring the Value of a Financial Advisor

Michael Espinoza

What's the value of a financial advisor? Two studies found that working with a financial professional can result in higher returns and potentially lower personal stress. Lower Stress Seventy-seven percent of people within 11-15 years of retirement are stressed when thinking about retirement savings and investments.¹ Working with... Learn More

Know Before You Hire! Professional Standards for School Nutrition Program Employees

Brian R. Dixon

It has come to our attention through state monitoring reviews, and from questions throughout the school nutrition industry, that school districts need to be aware of new standards when hiring nutrition program employees. The Healthy, Hunger-Free Kids Act of 2010 established professional standards for state and local school nutrition prog... Learn More

The Latest on Occupational Fraud: Who the Perps Are

Yeo & Yeo CPAs & Business Consultants

Occupational fraud is an unfortunate reality for just about every employer, governmental entity or otherwise. But you might be able to reduce the risk of costly losses if you understand some of the common traits of fraud perpetrators. The 2016 Report to the Nations on Occupational Fraud and Abusefrom the Association of Certified Fraud Examiners ... Learn More

Policies and Procedures: A Roadmap to Success

Bradley DeVries

Regardless of the size of your nonprofit organization, well documented policies and procedures are an essential component to your continued success. Most nonprofit organizations are designed to carry on their missions beyond the tenure of their current directors, employees and trustees. With that in mind, a well-documented Policies and P... Learn More

Meal Charging and Bad Debt Policies

Jennifer M. Watkins

Several months ago, the Michigan Department of Education (MDE) issued guidance in an administrative policy that requires districts to put a written Meal Charging Policy in place. With that, a Bad Debt Policy is also required. The guidance was the topic of many discussions, and parts of the guidance did not seem practical. Although it is ... Learn More

A Refresher on the ACA’s Tax Penalty on Individuals Without Health Insurance

Yeo & Yeo CPAs & Business Consultants

Now that Affordable Care Act (ACA) repeal and replacement efforts appear to have collapsed, at least for the time being, it’s a good time for a refresher on the tax penalty the ACA imposes on individuals who fail to have “minimum essential” health insurance coverage for any month of the year. This requirement is commonly called the “indi... Read More

6 Ways to Control Your Unemployment Tax Costs

Yeo & Yeo CPAs & Business Consultants

Unemployment tax rates for employers vary from state to state. Your unemployment tax bill may be influenced by the number of former employees who’ve filed unemployment claims with the state, your current number of employees and your business’s age. Typically, the more claims made against a business, the higher the unemployment tax bill. ... Learn More

3 Midyear Tax Planning Strategies for Business

Yeo & Yeo CPAs & Business Consultants

Tax reform has been a major topic of discussion in Washington, but it’s still unclear exactly what such legislation will include and whether it will be signed into law this year. However, the last major tax legislation that was signed into law — back in December of 2015 — still has a significant impact on tax planning for bus... Learn More

Yeo & Yeo Relocates to Accommodate Growth

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo, a leading Michigan accounting firm, has completed the move of its Saginaw office (headquarters) to 5300 Bay Road in Saginaw. The move includes relocation of Yeo & Yeo CPAs & Business Consultants Saginaw office and affiliates Yeo & Yeo Computer Consulting, Yeo & Yeo Medical Billing & Consulting, and Yeo &... Learn More