Blog posts from: 2016
Summer camp expenses may be deductible
Summer isn’t too far away, and many parents are wondering if they can afford to send their kids away to summer camp this year. The ability to take a tax deduction for such expenses could make all the difference. Some...
Tax benefits of putting junior family members on the payroll
In addition, employing a child age 18 (or if a full-time student, age 19–23) may be a way to save taxes on the child's unearned income. Here are the key considerations. You can turn some of your high-taxed income into tax-free...
IRS unveils PayNearMe program
If you’re an individual taxpayers without a checking account or credit card, you can now pay your federal tax bill in cash at participating retail stores. The IRS recently unveiled PayNearMe, a program where taxpayers can pay up to $1,000...
IRS warns of latest scam variation involving bogus “Federal Student Tax”
The Internal Revenue Service today issued a warning to taxpayers about bogus phone calls from IRS impersonators demanding payment for a non-existent tax, the “Federal Student Tax.” Even though the tax deadline has come and gone, scammers continue to use...
Guest Author Zana Tomich: Department of Labor overtime changes bring new wrinkle to employers
As I talk to employers in various industries, one of the most common misconceptions that I hear time and time again is that as long as an employee is paid salary, there is no need to worry about paying overtime....
Congratulations Monica, MICPA’s 2016 Emerging Leader Award winner!
ShindelRock manager Monica Silwanowicz was recently named the 2016 MICPA Emerging Leader! This prestigious award is given to one young CPA in Michigan each year and is voted on by the MICPA Executive Board. Monica is a valuable addition to our...
In honor of Memorial Day: Armed Forces’ Tax Guide
In honor of Memorial Day, we are reminding all active members of the U.S. Armed Forces about special tax situations that apply to them, as outlined in the Armed Forces’ Tax Guide. We hope you enjoy a happy and safe...
ShindelRock in Detroit, Year One
We recently celebrated the one-year anniversary of our ShindelRock office in downtown Detroit. With tax season behind us, I thought it might be a good time to give a quick update on the exciting things we're seeing, and a little...
Congrats ShindelRock Client Detroit Denim!
Detroit Denim Co. Opens New Location, Launches Additional Product Lines Described as a new manufacturing center in the Motor City, Detroit Denim Co. opens its new location today in the city’s east riverfront district near Stroh River Place. Founded in...
Social security “file and suspend” changes
Up until a few weeks ago, if a married couple had one spouse at full retirement age (66 or older), the “file and suspend” strategy allowed the other spouse and/or a dependent to enjoy short-and long-term benefits. But after April...