GM Salaried Retirement Program Changes–What Should You Do?

General Motors has decided to change its commitment under its salaried retirement program.  As a retiree, GM has given you 4 options to receive your future benefits:       Example 1 Voluntary Lump Sum Payment One-time payment to you...

Finding Hidden Money

Everyone likes finding money unexpectedly, but there may be a time when you need to find assets but do not know where to look.  If aged relatives or friends have given you power of attorney over their financial affairs, you...

Automated IRS System Helps College-Bound Students with Financial Aid Application Process

At last, there is hope for college-bound students and their parents that want to make the most of their college experience, including money spent on tuition and time spent on the college financial aid application process. The Internal Revenue Service...

SOLD! on eBay could mean PAY! your taxes

Many people do not realize the income they earn from auctions and consignment sales, even those online, may be taxable. What’s Taxable? All income from auctions, traditional or online, and consignment sales is generally taxable unless certain exceptions are met. ...

Happy Memorial Day!

  • May 29, 2012
  • Steve Wisinski, CPA, MAFF

On behalf of everyone at ShindelRock, we hope you had a very happy Memorial Day weekend! Thank you to all those, past and present, who have served our country. Now that the holiday is over, remember: there are only 18...

Client Service Words to Live By, Even During Busy Times

  “What comes out of you when you are squeezed is what’s inside you.” - Wayne DyerHave you ever felt so pushed to meet a client or customer deadline that you simply went through the motions to finish the engagement,...

Special Guest Author Amy Fehn: Understanding Medicare’s Revalidation Process for Medicare Enrolled Providers

Amy K. Fehn is a partner with Wachler & Associates, P.C.  Ms. Fehn is a former Registered Nurse who has been counseling healthcare providers for the past fourteen years on regulatory and compliance matters.  Ms. Fehn is a member of...

Nine Tips for Family Business Transition Planning

Family relationships and generational value differences can make succession planning for family businesses more challenging than for other enterprises.  Here are some suggestions for family businesses that can make succession planning and execution less trying: 1.  Obtain a valuation of...

Reminder: New “stealth tax” lurking around the corner

  • May 15, 2012
  • Steve Wisinski, CPA, MAFF

Starting in 2013, beware of the stealth Unearned Income Medicare Contribution Tax that was part of the Health Care and Education Reconciliation Act of 2010. Who will be subject to this new tax?  Individuals  Estates  Trusts The new tax is...

Opportunities to Start Planning Next Year’s Tax Return

  • May 10, 2012
  • Steve Wisinski, CPA, MAFF

The tax filing deadline may have just passed for 2011, but planning for next year can start now. Taxpayers that are organized and planning ahead can save time, money and headaches in 2013. Here are a few things to consider...