Blog posts from: 2016

Wrong date listed on IRS IP PIN letters for identity theft victims

  • February 2, 2016
  • Mark Hughes CPA CFE

The Internal Revenue Service has said that taxpayers are receiving letters with the wrong date listed for their Identity Protection Personal Identification Numbers, which are generally issued to victims of tax-related identity theft. “Due to an error, taxpayers are receiving...

IRS employee charged in identity theft scheme

An employee who worked in the IRS’s Taxpayer Advocate Service at a job assisting identity theft victims has instead been charged with running a $1 million identity theft tax fraud scheme. Federal officials announced arrests and charges last month against...

ShindelRock debuts new charitable contribution campaign this tax season

  • January 25, 2016
  • Steve Wisinski, CPA, MAFF

Our clients give generously to charities and non-profits, and at ShindelRock our team shares your commitment to these worthy causes. That’s why we’re pleased to introduce a new matching program for a Michigan 501(c)3 organization that is important to our...

Dealing with IRS tax notices

  • January 21, 2016
  • Mark Hughes CPA CFE

Receiving a tax notice from the IRS or a state department of revenue may not be what you were hoping for in the day’s mail. But in many cases the notice can be resolved both quickly and painlessly. A taxing...

Guest Author Tricia Godin: ACA employer reporting and cadillac tax delayed

  • January 19, 2016
  • Tricia Godin

This update is part of a Brown & Brown series summarizing new guidance issued in connection with the Patient Protection and Affordable Care Act (ACA).  For this edition, we are focusing on the delay of two key provisions. Employer Reporting...

Congress unveils wide-ranging deal on tax extenders

  • January 14, 2016
  • Mark Hughes CPA CFE

The Protecting Americans from Tax Hikes Act of 2015 is a culmination of recent work done in both chambers of Congress and renews and makes permanent important tax incentives that support both individuals and job creators. Among the provisions that...

Taxation of prizes and awards for employees

Prizes and awards paid to employees are normally includable in an employees’ income and would be subject to all withholdings and payroll taxes.  During the holiday seasons many of our clients, as employers, want to pay their employees various types...

Congress passes highway-funding legislation

  • January 7, 2016
  • Mark Hughes CPA CFE

Congress has passed highway-funding legislation that includes two tax provisions that would allow the State Department to revoke the passports of long-term tax delinquents who owe more than $50,000 in tax debts and revive a program requiring the IRS to...

Guest Author Jeff DeVree: Deadlines extended for Affordable Care Act

Last week, the IRS extended the due dates for providing ACA reporting forms to employees and filing the forms with the IRS. The extension applies to the forms for 2015, which are due in 2016. The due date for providing...