Blog

  1. Using a Credit Card in your Business

    A lot of businesses use credit cards for purchases in their businesses and use them for anything from buying office supplies to inventory to cash advances. For some businesses, these credit cards are indispensable. It’s easy to have a corporate …

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  2. Christmas and Holiday Employee Bonuses and Gifts

    It’s almost that time of year when the winter coats come out and we look deep in the closet for those stocking hats and gloves. We either find last year’s window scrapers or buy new ones and make sure that …

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  3. Its Time to Start Thinking about Tax Time!!!

    The 4th quarter of 2014 just started and I start to do a lot of tax projections this time of year for my clients. I’ll call my business owners with pass through businesses and we’ll discuss business performance and expectations …

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  4. 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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  5. 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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  6. 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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  7. 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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  8. 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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  9. 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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  10. 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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