Blog posts from: 2013

First-time offenders offered abatement from IRS

The IRS has updated its First-time Abate (FTA) policy, which allows a first-time non compliant tax payer abatement of certain penalties for a single tax period.  The change comes after an April 2013 report from the Treasury Inspector General for...

Seniors and Caregivers can find resources in one place at www.sacrn.org

Michigan seniors and their caretakers looking for help in everything from making life-altering decisions to taking care of daily tasks can turn to the Senior & Caregiver Resource Network, a trusted, caring group of local professionals providing solutions for Seniors...

Tax tips to remember when renting out your vacation home this summer

Summertime is vacation rental time, and if you're the landlord of a property used for vacation rentals, the IRS has provided tips on renting a house, cabin, apartment, condominium, mobile home, or boat. Rental income must be reported as taxable...

SCAM ALERT: Phony scheme collects $125 fee to prepare annual corporate records

REMEMBER:  If you're even unsure about a request for personal or business information or question the legitimacy of an IRS or state tax document, please contact your professional at ShindelRock. Scam Targets Corporations; LARA alerts Michigan businesses of scheme collecting...

LGBT couples, don’t forget about the 1099-INT

A reminder from the Pittsburgh Post-Gazette about the extra step lesbian, gay, bisexual and transgendered couples (and any other non-married couples sharing a bank account) need to take to stay on the good side of the IRS: 1099-INT spells trouble...

ACA Healthcare Compliance Deadline for Large Employers Extended

Employers with more than 50 employees who have struggled to understand their responsibilities under the Affordable Care Act (ACA) can breathe a sigh of relief: the Obama Administration announced recently it has delayed until 2015 the requirement that large employers...

SR Client Question: Can I deduct my medical and dental expenses?

If you paid for medical or dental expenses last year, you may be able to get a tax deduction for costs not covered by insurance. However, there are seven facts you should know about claiming the medical and dental expense...

Brains and beauty: ShindelRock team cleans up I-275

The vest-adorned team from ShindelRock lent a hand Saturday, July 20 as part of the MDOT Adopt-a-Highway program.  If you pass I-275 between 8 and 10 Mile roads, look for our sign on the squeaky-clean side of the freeway!  ...

Defer Tax with an Installment Sale

When you sell an asset on installment, you may be able to avoid paying tax in the year of sale and instead pay tax on your gain as you receive payments over future years. Under the tax law, an installment...

ShindelRock’s Steve Wisinski has big goals for the Big Apple’s premier race

After Superstorm Sandy thwarted his 2012 NYC Marathon plans, ShindelRock partner Steve Wisinski has his sights set on the 2013 race, scheduled for November.  Steve will run the marathon as a fundraiser for Friedreich’s Ataxia Research Alliance, a cause which...