Business Consulting

How Many Employees Does Your Business Have for ACA Purposes?

Yeo & Yeo CPAs & Business Consultants

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the Affordable Care Act (ACA), the answer can be complicated. The number of workers you employ determines whether your organization is an applicable large employer (ALE). Just because your business isn’t an ALE one year... Read More

Will You Be Able To Communicate During a Crisis?

Yeo & Yeo CPAs & Business Consultants

If disaster struck your company tomorrow, would you know how to quickly reach employees and their families? Would you be able to talk to them quickly and efficiently? If the answer to those questions is anything but a resounding "yes," it's time to create or review your crisis communication plan. Basic Info One of the most importan... Learn More

Price or Value: Which is Correct?

Yeo & Yeo CPAs & Business Consultants

When a business is sold, it often sells for more (or less) than the appraised value. This may come as a surprise to laypeople, but valuators understand that there are many valid reasons that "price" and "value" may differ. Businesses that understand this subtlety are better positioned to make informed decisions. Price vs. Value Price is... Learn the Difference

Megan Tuckey of Yeo & Yeo Receives Fundamental Payroll Certificate

Yeo & Yeo CPAs & Business Consultants

Yeo & Yeo CPAs & Business Consultants, a leading Michigan accounting firm, is pleased to announce that Payroll Specialist Megan Tuckey has earned the Fundamental Payroll Certification (FPC) designation from the American Payroll Association. The certification is exam-based and proves extensive knowledge of payroll and how it rel... Learn More

Insuring Your Business with a Buy-Sell Agreement

Michael Espinoza

Life insurance is designed to help protect a household from the financial hardships that may follow the untimely death of a primary wage earner. But how will a death affect a small business? One way of safeguarding a business is to create a buy-sell agreement. A buy-sell agreement is a contract between different entities within a corpo... Learn More

When to Augment Your Staff

Yeo & Yeo CPAs & Business Consultants

Is your company or organization experiencing a key employee’s resignation, a sudden termination, medical leave, retirement, structural change, or simply a shortage of skills? Is the company contending with a merger or acquisition, or experiencing a peak period of business? In many situations like these it might make sense for a company... Learn More

Entrepreneurs: What Can You Deduct and When?

Yeo & Yeo CPAs & Business Consultants

Starting a new business is an exciting time. But before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for rent, utilities, marketing and more. Entrepreneurs are often unaware that many expenses incurred by start-ups can’t be deducted right away. How expenses are handled ... Learn More

Are You Using Chip Cards Yet?

Yeo & Yeo CPAs & Business Consultants

The major U.S. card companies — including Visa, MasterCard, Discover and American Express — voluntarily imposed a shift of liability for counterfeit "card present" transactions that went into effect for most merchants on October 1, 2015. (Gas stations with automated fuel dispensers have until October 1, 2017, before their ... Read More

Twelve Ways to Negotiate Better

Yeo & Yeo CPAs & Business Consultants

When a deal is pending, the best negotiators know that the goal isn't to scoop up everything and leave the other side with little or nothing. The real goal is generally to exchange items of value so that both sides leave satisfied they have protected their basic interests and made a deal that benefits their companies. Like all wor... Learn How