Category: Accounting
Tips and Overtime Deductions: A New Tax Break for Workers
The One Big Beautiful Bill Act, signed into law on July 4, 2025, introduces a pair of new tax deductions aimed at workers who earn tips and overtime pay. While most headlines have focused on business credits and energy reforms,...
IRS Services Slowed, But Your Deadlines Still Stand
The federal government has been shut down for over a month, and the effects are rippling across many agencies, including the IRS. While the agency is currently operating with limited staff and reduced services, one thing remains unchanged: your tax...
What the New SALT Cap Rules Mean for Businesses and Taxpayers
The One Big Beautiful Bill Act (OBBBA) makes several adjustments to the state and local tax (SALT) deduction. For those who itemize deductions, especially in higher tax states, the changes may offer some short-term benefits. However, they also come with...
New Rules for Itemized Deductions: What You Need to Know
The One Big Beautiful Bill Act (OBBBA) introduced sweeping changes to the tax code. While most headlines focused on corporate rates and clean energy, several important updates were made to itemized deductions that will impact millions of individual taxpayers beginning...
Inside ShindelRock’s Real Estate Practice: Trusted Advisors Guiding Clients Through Complex Decisions
At ShindelRock, our Real Estate practice goes far beyond preparing tax returns. It’s about building trust, advising clients through complex financial decisions, and helping them thrive in an ever-changing industry. We sat down with two of our team members, Amanda...
What the One Big Beautiful Bill Act Means for Individuals and Businesses
The One Big Beautiful Bill Act (OBBBA), now just over one month fresh into law, is full of tax code changes that could have major implications for individuals and business owners. With over 90 provisions packed in, it touches everything...
Form 8300: Key Rules for Business Owners
If your business receives significant payments in cash, it is important to understand the federal reporting rules that may apply. Specifically, the IRS requires certain transactions to be reported using Form 8300, and failure to comply can result in substantial...
Meet our Summer Intern: Luka Stanic
Meet our summer intern, Luka Stanic, a rising senior at Hillsdale College majoring in Accounting. Originally from Chicago, IL, Luka chose ShindelRock for its collaborative environment and the opportunity to learn directly from experienced professionals eager to share guidance and...
Meet our Summer Intern: Andie Martin
Meet our summer intern, Andie Martin, from Saginaw Valley State University. Majoring in Accounting and originally from New Boston, MI, she chose ShindelRock after experiencing the firm's welcoming atmosphere and the rare opportunity to work one-on-one with team members on...
My 2024 Tax Filing Is on Extension—Now What? (For Small Business Owners and S-Corp Filers)
If you're a small business owner or S-Corporation filer who requested an extension for your 2024 tax return, you’ve bought yourself a little breathing room—but it’s not a pause button. An extension gives you more time to file, not more...