Blog

2018 Q3 tax calendar: Key deadlines for businesses and other employers

Yeo & Yeo CPAs & Business Consultants

Here are some of the key tax-related deadlines affecting businesses and other employers during the quarter of 2018. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. July 31 ... Learn More

Ann Arbor SPARK FastTrack Awards Showcase 16 Companies Sustaining 20%+ Growth

Yeo & Yeo CPAs & Business Consultants

What a remarkable accomplishment it is for a company to sustain 20 percent growth or more for three consecutive years. Sixteen companies that have achieved exactly that were recognized with an Ann Arbor SPARK FastTrack Award at a reception on June 14, the eve of Tech Trek, at the Graduate Ann Arbor Hotel. Recipients of the 2018 FastTrack... Learn More

Michigan Manufacturing Association – MFG Forum Recap

Christopher Sheridan

Technology trends change in the blink of an eye. To stay competitive, manufacturers need to know what will move their business forward, what processes have become obsolete and what innovations are on the horizon. The 2018 MFG Forum was held on May 9 to guide industry leaders through these emerging issues and provide resources to maintain... Learn More

5 Audit and Financial Statement Tips for Newly Elected Officials

Jamie Rivette

  The audit process, and review of financial statements, can be a bit overwhelming for you as an elected official if you don’t have a strong financial background. Here are five tips to help you wrap your arms around this task. 1. Look through last year’s audited financial statements. Ask for a copy of the previous year’s financial... Learn More

Nonprofit Quick Tip: Gift Acceptance Policy

Mary Kreider

Has your organization accepted noncash donations? Chances are you have, and chances are you don’t have a gift acceptance policy in writing. While it may be hard to say “no, thank you” to well-meaning donors, there are times when that is exactly what you should do. A gift acceptance policy can help prevent unintended hardships related to ... Learn More

Internal Controls: Segregation of Duties in Small Nonprofits

Mary Kreider

Nonprofit organizations have a responsibility to be good stewards of the resources they’re given. The commitment of the Board of Directors and leadership to ethical behavior sets the tone for the entire organization. Emphasizing the importance of integrity from the top down creates an environment where internal controls will be most effe... Learn More

Thomas Gawne Featured Guest on SPARK's CEO Podcast Recognizing FastTrack Awards

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo’s Thomas Gawne, CPA, is featured on the SPARK CEO Podcast series hosted by Ann Arbor SPARK president and CEO, Paul Krutko. On the podcast, Tom talks about Yeo & Yeo’s commitment to economic growth in the Ann Arbor region and his passion for supporting business startups by providing growth strategies for small to mid-s... Learn More

What Businesses Need to Know About the Tax Treatment of Bitcoin and Other Virtual Currencies

Yeo & Yeo CPAs & Business Consultants

Over the last several years, virtual currency has become increasingly popular. Bitcoin is the most widely recognized form of virtual currency, also commonly referred to as digital, electronic or crypto currency. While most smaller businesses aren’t yet accepting bitcoin or other virtual currency payments from their customers, more and mo... Learn More