Category: Uncategorized
The many ways scammers can get their hands on your money
Scams come in all shapes and sizes, but many share similar characteristics. And if you know what they are, you can save yourself from being swindled. Some of the more common characteristics of investment fraud include: The investments are promoted...
IRS updates list of designated private delivery services
The Internal Revenue Service has updated its list of designated private delivery services that meet the rules for determining the postmark for timely filing and payment, eliminating DHL and adding several FedEx services. Notice 2015-38 updates the list of designated...
SR In the News: ShindelRock makes Crains’ 2015 List of Largest Accounting Firms
We're happy to be recognized again in Crains' Detroit Business this week as one of the largest accounting firms in Metro Detroit!
AICPA Legacy Scholarship application now available
The AICPA announced on Tuesday that the AICPA Legacy Scholarship application is now available on ThisWayToCPA.com for the 2015-2016 academic year. The new application process allows students to fill out a single application for all four AICPA Legacy Scholarship awards. The Legacy Scholars Program...
Watch for ShindelRock’s Monica Silwanowicz on WDIV Channel 4 Monday morning!
Our Monica Silwanowicz will field tax-related phone calls on WDIV Channel 4 this Monday, March 23rd from 5am – 7am. Be sure to tune in and catch Monica sharing her expertise with WDIV viewers!
FRAUD & ABUSE: 2014 Report to the Nations
The Association of Certified Fraud Examiners issued their 2014 Report to the Nations. An interesting fact: 5% of gross revenue is lost to fraud. Find out more about fraud and abuse and make sure your organization isn't at risk by...
Shocking new IRS ruling narrows taxpayers’ one free IRA rollover
IRS Tax Court just ruled that the long-standing one-rollover-per-year rule applies to all of a taxpayer’s IRAs rather than to each IRA separately. Trustee to trustee transfers are not considered rollovers, so there's still no limit on those. To review,...
S Corps should beware how elections are made
IRC section 179 (Election to Expense Certain Depreciable Business Assets) is an example of legislative grace given taxpayers by Congress. It allows taxpayers to elect to expense the cost of certain types of tangible personal property that would otherwise be...
Details of new myRA retirement savings vehicle revealed
Following up on announcement made by President Barack Obama in his annual State of the Union speech in January, the White House has released details of a new retirement savings account to be made available to employees through their employers....
Congratulations Marianne Lilly, ShindelRock’s newest partner!
Novi-based accounting and business consulting firm ShindelRock today announced that it is welcoming senior manager Marianne Lilly, CPA, CVA, CFE into the Firm’s partnership, effective March 1, 2014. Lilly leads the audit practice at ShindelRock, where she is responsible for...