Bringing cash to the U.S. – are you smuggling?

In June, a Chinese man touched down at Vancouver airport with around $177,500 in cash. According to the Wall Street Journal, the cash was found stuffed in his wallet and hidden under the lining of his suitcase. The money was seized by an officer and eventually...

Audit Services and Small Benefit Plans

Administrators of small plans (i.e., plans with fewer than 100 participants) typically do not work with external auditors due to the simple fact that such plans do not require an audit under the Employee Retirement Income Security Act of 1974 (“ERISA”). As...

Be Aware of Cultural Differences to Get Ahead in Business

At Corbett, Duncan & Hubly we work with privately held organizations all around the globe on a regular basis. Because of that, it is important that we are aware of cultural differences in business etiquette. One of our strongest markets is our Japanese market. By...

Professionals….and Philosophers?

As part of my continuing efforts to grow personally and professionally, I recently applied and was accepted for membership in the Chicago chapter of Seiwajyuku.  For those not familiar with Seiwajyuku, the Chicago chapter website describes Seiwajyuku as a “dojo...

An Unexpected Guest

As the middle of summer comes upon us, I find myself on the verge of a unique experience, and a rather unexpected one at that.  As my wife and I sat in our kitchen one Sunday we received a call from a friend of the family.  They went on to explain how excited they...

Consider the SAKURADA MONGAI When Making Plans

In this article, I want to connect one historical incident in Japan with an idea of how to devise any plans. History gives us many valuable lessons. I believe that this is one of them. On March 24, 1860, in Tokyo, a group of samurais from Mito han (a feudal clan of...