News & Resources

The Shape of Recovery

As we continue to navigate these uncertain times, we invite you to our next live discussion to learn more about what recovery might look like for our economy in the […]

February 28, 2020

How to Leverage Fringe Benefits and Make More Competitive Bids

In general, government contracts are awarded to the lowest bidder. Yet prevailing wage laws require contractors to pay wages that are comparable to those for similar work in the same city or geographical area. Such laws …

February 26, 2020

When to Value an ESOP

One option business owners choose for succession planning is an employee stock ownership plan (ESOP). ESOPs can empower and retain employees as well as provide tax savings, but careful consideration needs to be given to …

February 22, 2020

Numerous Tax Limits Affecting Businesses Have Increased for 2020

An array of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2020. Here are some that may be important to you and your business.

February 22, 2020

Ahola Payroll Solutions Live Demos

Powerful software is at the center of SBAM's Payroll & HR Solutions powered by Ahola. SBAM Payroll & HR Solutions software, iSolved®, ensures your payroll is processed efficiently, accurately, and easily with seamless integration of time …

February 20, 2020

5 Ways To Protect Your Business From Fraud in 2020

In January, many companies are preoccupied preparing budgets, forecasts and performance-related goals for the year. So, it's all too easy to overlook plans for preventing fraud. But to avoid financial losses and maintain a healthy organization, …

February 4, 2020

How the 2020 Leap Year Could Affect Your Payroll

A leap year occurs every four years, and for some employees, it means an additional payday. With 2020 being a leap year, you should know whether your payroll will be affected.

January 30, 2020

The Benefits of Outsourcing Payroll

Whether you’re a small-business owner or an HR professional in a larger company, managing payroll can be a real hassle.

January 13, 2020

Finance and Money Management Advice from a Leading Michigan Credit Union

Credit unions have become an important source of funding for small businesses across Michigan. In this week’s podcast, Andrea Mosher, Senior Vice President of Credit Administration for Lake Trust Credit Union, […]

January 3, 2020

Considerations for 2020 IT Budget Planning

As you compile your organization’s IT budget for 2020, a familiar concern will likely top the list: security. According to a survey by TechRepublic, security and cloud services are the two top priorities heading into …

January 3, 2020

Allocating Capital Gains to Distributable Net Income in Estates and Trusts

A common question that arises when preparing an estate or trust return is, can capital gains be distributed to the beneficiary?

January 2, 2020

Think Big: Go Small

Micro-lending is on the rise, and small businesses and communities are benefitting.

December 6, 2019

Owners Versus Turnaround Professionals

Today companies engage the services of turnaround professionals in order to take their business to the next level, resolve cash flow problems, operations issues or to work out problems with lenders due to a lack …

December 4, 2019

Are You Required to Collect and Remit Sales Tax in Other States? Help is Available!

Did you know that although your business may only be physically located in Michigan, if you ship your products to customers in other states, you may also be required to collect and/or remit sales or …

November 29, 2019

Tips from a Turnaround Pro

Profit and Loss statements are nice, but at the end of the day what truly matters is cash flow. Cash is King!

November 26, 2019

Employee Gifts – Are They Taxable?

‘Tis the season when employers often will provide employees with “gifts” of some type. We all know the entity in town that gives all of its employees a turkey for Thanksgiving or Christmas. While this …

November 25, 2019

The Ins-and-Outs of Alternative Business Financing

Tune in this week to hear principal of Great Lakes Business Credit, Rhett Rowe talk about three common financing mistakes small businesses make.