Blog

  1. Easy way for Indiana residents to save a lot of money on their income taxes

    Indiana offers a very generous tax credit if you donate money or property to a qualified institution of higher education.  Indiana has recently clarified the rules.  For individuals the rules are as follows: This is a non-refundable Indiana tax credit …

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  2. Corporate and Partnership income tax extensions

    The Internal Revenue Service (IRS) requires that corporate income tax returns be filed on or before March 15th each year (Since the 15th was on a Saturday this year the actual deadline in 2014 was March 17th).  An extension can …

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  3. Indiana Crowdfunding Rules

    This year Indiana implemented a set of rules for companies who wish to utilize crowdfunding to raise capital for their Indiana start up company.  It is now possible for Indiana start up companies to use crowdfunding to raise money from …

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  4. It’s Notice Time

    It seems like notices come out in waves and currently we are seeing a lot of matching notices come out which are generated when what was reported to the IRS does not match what was reported on your tax returns.  …

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  5. Back to School

    As our kids head back to school maybe some of you are thinking about going back to school as well.  Regardless if you are a first time college student, going back to complete a degree, or going for a new …

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  6. IRS Repeats Warning about Phone Scams

    WASHINGTON — The Internal Revenue Service and the Treasury Inspector General for Tax Administration continue to hear from taxpayers who have received unsolicited calls from individuals demanding payment while fraudulently claiming to be from the IRS.   Based on the …

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  7. Obama Care Health Insurance Credits

    If you signed up for health insurance coverage at www.healthcare.gov and you qualified for a credit against your health insurance make sure you are reporting life changes as they happen.   When you signed up, you had to report your income, …

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  8. Do you have a Nanny? What is this thing called Nanny Taxes?

    Last week we talked about the Child and Dependent Care Credit. Basically, if you pay to have someone watch your kids so that you can work, you can receive a tax credit. This applies to day care facilities, day camps …

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  9. Summer Time Child Care Tax Credit

    Did you know that if you pay to have someone watch your kids this summer that you are probably eligible for the Child and Dependent Care Credit? This credit isn’t just related to the summertime—you can use it all year …

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  10. NOTICE OF ASSESSMENT OF LAND AND IMPROVEMENTS

    If you own real estate in Allen County Indiana, you have recently received or will soon receive a notice from the Allen County Assessor (state forms 21366 or Form 11). Basically, this is the annual reassessment of your real property …

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