Blog posts from: 2014

Spousal Social Security Benefits

At full retirement age, which is now 66, your spouse can receive the greater of the spouse’s benefit or 50% of your benefit. This presumes that both of you are at least age 66. This is good for spouses that...

ShindelRock’s Garage Party at Vinsetta Garage!

  • August 12, 2014
  • Kelly O'Donnell

Historic rainfall and flooded streets couldn't keep a few ShindelRock clients and friends from joining us for a Woodward Dream cruise viewing party at Vinsetta Garage in Royal Oak :)  Thanks to all who paddled, waded, or swam their way...

Gov. Snyder signs legislation raising Michigan’s minimum wage Sept. 1

Michigan Gov. Snyder has signed legislation that will raise the state's minimum wage to $8.15 per hour on Sept. 1, 2014, with annual incresaes thereafter based on changes to the CPI.  The minimum wage for tipped employees effective Sept. 1,...

TEN RECOMMENDATIONS FOR SUCCESSFUL VALUE CHAIN MANAGEMENT

Widen the focus from traditional supply chain analysis to encompass the demand chain to the same extent. Do the legwork to identify who is essential to the chain’s success and how they operate. Who adds value and where, Review data...

Special Guest Author Victor Hicks: A checklist for plan sponsors to ensure 401(k) plan compliance and optimization

By: Victor H. Hicks II, CFP®, AIF® Owner, Managing Principal, Lumin Financial, LLC An Independent Registered Investment Adviser [email protected] Once a retirement savings plan has been approved and is in place, it’s tempting to sit back and adopt an “I’m...

Forming a 501c(3)? Here’s what to do next…

  • July 29, 2014
  • Maria Montie, CPA, MST, CVA, MAFF

Forming a 501c(3) non profit organization starts with filing an application (Form 1023) for tax exempt status.  Once you file your application, here's what you should do next in order to start fundraising for your organization: 1.  Open a Bank...

Client Question: Does Affordable Care Act coverage mandates apply to controlled groups?

  • July 23, 2014
  • David Shindel

Business owners with multiple related entities that might not separately fall under ACA mandate guidelines might do so when considered in whole with the rest of the business.  The distinction lies in whether or not the entities are part of...

FRAUD & ABUSE: 2014 Report to the Nations

The Association of Certified Fraud Examiners issued their 2014 Report to the Nations.  An interesting fact:  5% of gross revenue is lost to fraud.  Find out more about fraud and abuse and make sure your organization isn't at risk by...

Tips for Safeguarding Tax Records Against Natural Disaster

Here in Michigan we are midway through tornado season, but disaster  can strike no matter the time of year, so the IRS is reminding individuals and businesses to safeguard their records. Taxpayers should keep a set of backup records in...

SR in the News: Walsh College Alumni Magazine

We have lots of Walsh Alums at ShindelRock, so we're always happy to support the college!   Find us in this issue, in the Alumni in Action section!                          ...