Blog posts from: 2014

ShindelRock is hiring!

Junior Accountant ShindelRock is a highly technical and innovative public accounting firm located in Novi, Michigan.  We are guided by our philosophy to “See Beyond and Go Beyond”. This philosophy guides our approach to servicing our clients as well as...

Three Steps to Safeguard Against Corruption

More and more companies of all sizes invest in doing business abroad.  It is possible in today’s global economy that your company too, has expanded its markets out of the state and the country. The intersection of several trends is...

SR Client Question: Can I withdraw from my IRA to cover medical expenses?

Typically, withdrawing from your IRA or 401(k) early means big penalty charges.  However, there are two medical exceptions to the “early distribution penalty” (10% penalty for early distributions from an IRA, or other qualified pension plan):  1.      Distributions due to...

Guest Author Arthur H. Siegal: MDEQ rolls out brownfield tax increment financing proposal

  I was asked to serve on the Michigan Department of Environmental Quality (MDEQ) initiative to review and improve the “patchwork quilt” of statutes and rules regarding brownfield redevelopment incentives, grants and loans. A Collaborative Stakeholders Initiative group (of which,...

Electronic Payments Rise, but Paper Checks Still Dominate

Paper checks remain the most common method of payment by U.S. businesses. Half of companies in a recent survey by the Association for Financial Professionals (AFP) both receive and make payments by check more than other methods. Businesses are hesitant...

Veteran and active duty service members may qualify for property tax exemptions in Michigan

  • January 12, 2014
  • Maria Montie, CPA, MST, CVA, MAFF

As of November 12, 2013 some disabled veterans in Michigan may be eligible for an exemption from property taxes. The act known as the "Dannie Lee Barnes disabled veteran property tax relief act" amends 1893 Public Act 206 which provided...

Don’t leave employees cold with poor communication practices

It's cold and dark outside in January, but employees shouldn't feel left in the dark when it comes to communication and information sharing inside the office. That’s the finding of a new survey of human resources professionals, which found that...

Estate Planners Grapple with Digital Asset Challenges

As information rapidly becomes digitized, estate planners are facing new challenges unlocking the secured digital assets of those recently deceased. Planners often have to work through a matrix of confidential user IDs, passwords and various other encryption measures to get...