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How you can say ‘no’ to the
IRS
Cleaners interested in learning how to say
“no” to the IRS and keep more of their money should
attend the Michigan Institute of
Laundering and Drycleaning’s annual meeting and summer convention, July
23-25.
MILD has engaged Richard Fairchild, CPA,
CSEP, for its educational sessions. A practicing CPA since
1979, he specializes in business consulting and estate
planning.
In addition to being a regular instructor
for the Michigan Associations of CPAs, he is a graduate of
Michigan State University. His firm, Fairchild, Lebel &
Rice, PC features four CPAs and a total of seven employees.
On Saturday morning, between 8:30 and 10
am, he will reveal numerous ways for attendees to reduce their
taxable income by knowing which expenses are deductible. He
will also outline ways for plant owners to structure their
business in a manner that minimizes tax liability.
Other tips he’ll discuss include:
how to write off $100,000 worth of equipment; two inexpensive
and easy to use pension plans; deducting entertainment and meal
expenses; and deducting traveling expenses to association
meetings.
Fairchild will be back behind the podium
on Sunday morning to offer more advice on various accounting
matters between 9 and 11:30 am
MILD will host the convention at Boyne
Highlands on 600 Highland Drive in Harbor Springs, Michigan.
The agenda will begin on Friday afternoon
with a board meeting between 1 and 3 pm Afterward, there will
be a vendor showcase, reception and silent auction at 5 pm The
opening night will conclude with a 1950s theme dinner starting
at 7 pm.
MILD will tee off for a golf outing at 10
am on Saturday at Heather Course. The cost is $112 per golfer,
which includes a box lunch. Those not interested in swinging a
club for the afternoon can instead participate in a two-hour
canoe outing. The cost is $30 per person.
In the evening, the social activities will
be in full gear, beginning with a cocktail reception at 6 pm,
followed by the annual President’s Gala and Awards from 7
to 8:30 pm
MILD will host a tabletop exhibit on
Friday, July 23 from 5 to 7 pm — at the opening night
vendor reception — and again on Saturday morning during
breakfast.
Full registration for the conference is
$125 per member and $160 per non-member. The package includes
admittance to the Friday night reception and cookout, a
Saturday continental breakfast, plus the awards dinner on
Saturday evening.
Spouses may register for a full package at
a rate of $95 per person. Children under 18 cost $40 each.
Reservation requests for the Boyne
Highlands Resort must be submitted prior to July 1. MILD has
secured a discounted rate as follows: $97 per night for single
or double occupancy for a Main Lodge Deluxe room and $115 per
night for single or double occupancy for a Main Lodge Suite.
Call (800) GO-BOYNE.
For more information on the annual meeting
and summer convention, contact the MILD office at (517)
327-9207.
Managing family businesses at OCA meeting
The Ohio
Cleaners Association has
recruited guest speaker Roger J. Warrum to headline its annual
summer meeting, which is scheduled from July 22-24 at Kings
Island Resort and Conference Center.
Warrum is the president of the National
Center for Family Business and has more than 25 years
experience in family business consulting.
His first seminar has been slated for 9 am
on Thursday, July 23 and is entitled “Flying by the Seat
of Your Pants.” The two-hour presentation will examine
the ten most common family business planning mistakes, with an
emphasis on how owners can recognize when changes in procedures
or people should occur at the plant and how to go about
implementing them.
Warrum will be back on the podium at 8:30
am on the following day with a two-hour look at “Family
Business Mistakes.”
Because less than 13 percent of
family business owners make it successfully through the third
generation, it is important to understand why. The program will
focus on: how to avoid conflict and miscommunication; mistakes
in succession; the problem of secrecy; and how to hold family
members and employees accountable for their actions.
OCA will also host a golf tournament at 11
am on Thursday at the Grizzly Golf Course. The cost is $50 per
player, which includes greens fees, lunch, cart, and prizes.
The association will present a cocktail
reception, an annual dinner/awards meeting and a
president’s hospitality suite later that evening.
On Saturday night, there will be a
Cook-out at Kings Island Park prior to the OCA board meeting
the following morning at 10:45 am, which will conclude the
weekend’s events.
Full registration packages are available
at a rate of $150 for members and $200 for non-members.
Teenagers between the ages of 13 and 18 may also attend for $70
a piece; children between 3 and 12 pay $25 each.
Hotel rooms for single or double occupancy
are available at the Kings Islands Resort for a cost of $113
per night for cleaners who call (800) 727-3050 prior to June
30. For more information, call (614) 221-1900.
UniMac hosts OPL training in Ripon, WI
An advanced training seminar emphasizing
the installation, maintenance and diagnostic methods for UniMac On-Premises
Laundry (OPL) equipment is planned for July 12-16 at
UniMac’s location in Ripon, WI.
The class is suited for veteran
technicians with several years of experience. On Monday, class
will meet from 9 am to 4:30 pm and cover UW washer extractors.
UX washer extractors will be covered on the following day from
8 am to 4:30 pm
On Wednesday, UniMac will begin with an
hour-long factory tour at 8 am Afterward, attendees will learn
about UC washer extractors until 4:30 pm.
Troubleshooting for UC, UW and UX machines
will be the topic of discussion on Thursday from 8:30 am until
2 pm Tumble dryers will be the focus for the remainder of the
day, as well as from 8 am until noon on Friday.
To reserve space, a $100 non-refundable
fee is required. Call UniMac at (920) 748-3121.
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