Blog posts from: 2015
Congratulations Steve Wisinski, new DRC Leadership Detroit Fellow!
The Detroit Regional Chamber today announced the participants in Leadership Detroit Class XXXVII, a 10-month transformational leadership program designed to challenge emerging and existing leaders from Southeast Michigan to bring about positive change. Among the members is Steve Wisinski, partner...
Undisclosed IRS criminal audits
Periodically the IRS will examine tax returns that have been filed. These audit examinations can include any type of tax or information return. ShindelRock, as a paid preparer of these documents for our clients, will most often work with the...
Guest Author Melanie Cullen: Get It Together—for yourself, for your loved ones
If you’ve ever pitched in for someone who has become incapacitated, or if you’ve helped to wrap up an estate following a death, you know how hard it is. It’s hard emotionally to step into the void left by that...
IRS reminds businesses of cash transaction reporting
Businesses, including sole proprietors, in any U.S. possession or territory must report a cash transaction exceeding $10,000. The transactions are reported on Form 8300, which must be filed within 15 days of the transaction. A transaction can include two or...
FBAR deadline moves up to April 15
This article appeared in Accounting Today. It’s the beginning of the end of the filing date disconnect between foreign bank account reports and income tax returns. On July 31, President Obama signed the Surface Transportation and Veterans Health Care Choice...
IRS updates rules for where to file a tax credit or refund claim
The Internal Revenue Service has released final regulations for filing a claim for credit or refund to provide guidance to taxpayers as to the proper place to file a claim for credit or refund. The final regulations clarify that, unless otherwise...
Valuation and taxation of Death Put Bonds
Before 1971 certain bonds were issued by the U.S. Treasury known as “Flower Bonds”. These bonds, also called “Estate Tax Anticipation Bonds” would be issued at an amount less than their face value and would mature either at a fixed...
Employers providing self-insured health coverage must report on information returns
The IRS reminds taxpayers that, starting with 2015 coverage, all providers of health coverage, including employers that provide self-insured coverage, must file annual returns with the IRS to report information about the coverage and about each covered individual. Applicable large...
ShindelRock friends and family celebrate our new Detroit office!
[gallery ids="3088,3094,3093,3092,3091,3090,3089"] It was a beautiful night to celebrate the opening of our new Detroit office, with gorgeous views of Comerica Park and the downtown Detroit skyline. We’re still in Novi, but with a new satellite office at 719 Griswold...
CPAs see increase in financial fraud against elderly
This article originally appeared in Accounting Today. At ShindelRock, we are aware of these types of issues and can help if you find yourself in this situation. Financial fraud perpetrated against the elderly is on the rise, according to a...