Find your unclaimed property at Michigan.gov

Michiganders are encouraged to conduct a simple search online to see if they have any lost or abandoned property, according to the Michigan Department of Treasury.  The state-run database is updated multiple times throughout the year, so even if residents...

Meet our Intern: James Hu

  • February 1, 2024
  • ShindelRock

James Hu is a student at Washtenaw Community College, transferring this summer to Eastern Michigan University, where he will major in accounting.  He joined ShindelRock as a 2024 tax season intern, where he is assisting the ShindelRock tax professionals with...

Three big changes coming to Michigan income tax returns

When the Michigan Department of Treasury starts processing 2023 state income tax returns on Jan. 29, there will be three big changes taxpayers should expect thanks to a tax overhaul signed into law in 2023 by Gov. Gretchen Whitmer: All...

Meet our SR Intern: Eric Regan

  • January 23, 2024
  • ShindelRock

Eric Regan is a senior at Concordia University, majoring in accounting.  He joined ShindelRock as a 2024 tax season intern, where he is assisting the ShindelRock tax professionals with return preparation and organizing. What are you doing during your internship...

Meet our SR Intern: Kendall Reid

  • January 16, 2024
  • ShindelRock

Kendall Reid is a junior at Central Michigan University, majoring in accounting.  She joined ShindelRock as a 2024 tax season intern, where she is assisting the ShindelRock tax professionals with return preparation and organizing. What are you doing during your...

Income Tax Credit for Working Families Checks will be Sent in Early 2024

Michigan families will receive Michigan Earned Income Tax Credit (Michigan EITC) for Working Families checks ahead of schedule, beginning February 13, 2024. The administration is taking steps to send the checks to more than 700,000 Michigan households, putting an average...

2024 Standard Mileage Rates announced

Beginning January 1, 2024, the standard mileage rates for cars, vans, pickups, and panel trucks will be 67 cents per mile for business purposes, 21 cents per mile for medical or moving purposes for qualified active-duty members of the Armed...

IRS Announces Pandemic-Related Penalty Relief

  • January 2, 2024
  • ShindelRock

The IRS is offering new penalty relief for approximately 4.7 million individuals, businesses, and tax-exempt organizations that were not sent automated collection reminder notices during the COVID pandemic. Due to the unprecedented effects of the COVID-19 pandemic, the IRS temporarily...

Reasonable Compensation for Determinations of Business Valuations

Closely held businesses commonly require valuations for many different reasons.  They can be required for borrowings from banks, estate and gift planning, buying and selling businesses, and strategic planning.  One of the key components in calculating the value of a...

New CTA reporting requirements affecting millions coming January 1, 2024

As we shared in June, the new federal Corporate Transparency Act (CTA), intended to help prevent and combat money laundering, terrorist financing, corruption, tax fraud, and other illicit activity, takes effect on January 1, 2024.  This new Act will affect most...