Category: Uncategorized
A Few Facts About Healthcare…
From an article on Forbes.com called “A Healthcare List” (it is by no means complete or comprehensive and some of the data is dated; however, all of these statistics relate directly to any debate on healthcare reform): Medicare spends about...
Client Question: What’s a QR code?
Maybe you've seen this quirky black and white box and wondered "What IS that thing?" It's called a quick response code, or QR code. You snap the image like a picture with your smartphone, and your phone "reads" the QR...
Congratulations Dana and Team “Who’s the Boss”!
ShindelRock team member Dana Cinquipalmi and her team "Who's the Boss" placed third in the 2011 U20 North Americans. Congratulations Dana and keep on sailing!
Reporting Unclaimed Property
The state of Michigan is clamping down on your obligation to report unclaimed property. Here is a flyer sent to all businesses detailing the State’s stance on this issue. Unclaimed property are assets (money mostly) that belong to someone else...
“Temporary” unemployment tax expires after 35 years
Thirty five years ago, Congress passed a “temporary” 0.2 percent surtax on federal unemployment taxes that employers pay on the first $7,000 of each employee’s annual wages, or about $14 per employee. The “temporary” surtax was extended 8 times but...
Employee Fraud Basics–Part 2
In the previous post Employee Fraud Basics Part 1, we addressed occupational fraud and mentioned that employers should focus on the one side of the fraud triangle over which they exert the most control: Perceived Opportunity. Even if an employee...
IRS Mileage Rate Change Effective July 1st, 2011
Effective July 1, 2011 the IRS will increase the standard mileage rates for the balance of 2011. In recognition of recent gasoline price increases, the IRS made this special adjustment for the final months of 2011. The IRS normally updates...
A $10,000,000 Gain–Tax Free? Yes, if you have a C corp. and you hurry…
The prospect of pocketing $10 million tax-free is thrilling for plenty of business owners. In fact, capital gains of up to $10 million from the sale of Qualified Small Business Stock (QSBS) can be excluded from income tax and alternative...
Changes to the Michigan Business Tax (MBT) & personal income taxes
On April 28, 2011, the Michigan House of Representatives passed a bill that would, if enacted, implement many of the corporate and personal income tax changes that Gov. Rick Snyder proposed in his budget. As the new corporate income tax...
Spring Cleaning Treasures
It's that time of the year again--spring cleaning. If you are like me, it is not enjoyable. It might be the garage, the basement, the kid's toys or your closet. Before you just start filling up garbage bags with unwanted...