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Where's My Refund?
If your 2023 tax return has already been filed and you are due a refund, you can check the status of your refund online. For your Federal...
Mar 6, 20242 min read


The Importance of Separating Personal and Business Finances
One fundamental financial practice that often gets overlooked, yet holds immense importance, is the separation of personal and business...
Mar 2, 20243 min read


Gift & Estate Taxation - An Overview
Gift and estate taxes are both part of the federal transfer tax system and are interconnected. Gift tax applies to transfers of wealth...
Feb 21, 20247 min read


2024 Standard Mileage Rates
As it does every year, the Internal Revenue Service recently announced the inflation-adjusted 2024 optional standard mileage rates used...
Feb 14, 20243 min read


Tax Documents Coming Your Way
To ensure individuals properly report all their income, the IRS has an ever-expanding series of information-reporting forms used to...
Feb 2, 20245 min read


8 Steps to Avoid Common Tax and Accounting Mistakes
Successfully steering a small business involves adeptly managing its financial intricacies. Amid the myriad responsibilities, tax and...
Jan 31, 20243 min read


Major Tax Sunset on the Horizon
Back in late 2017 Congress passed the Tax Cuts & Jobs Act of 2017 (TCJA) that made enormous changes to income tax laws as outlined below....
Jan 19, 20246 min read


Indiana Income Tax Rate Change
As published by the Tax Foundation, thirty-four states will ring in the new year with tax changes, including Indiana. They noted that...
Jan 13, 20241 min read


Taxes and Holiday Gift Giving
The holiday season is customarily a time of giving gifts, whether to your favorite charity, family members or others. Some gifts have tax...
Nov 27, 202310 min read


Corporate Transparency Act Reporting Requirements
This article shares very important information about new government reporting requirements effective January 2024 for all small...
Nov 13, 20233 min read


Tax planning before Thanksgiving
Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced your...
Oct 25, 20232 min read


Employee or Independent Contractor? – A Primer
It is not uncommon for employers to misclassify employees as independent contractors, either to intentionally avoid their withholding and...
Oct 11, 20236 min read


Financial Aspects of Elder Care Planning
When we’re young and vibrant, we think that we’ll never grow old. We enjoy each day never thinking there might come a day when we’ll...
Oct 4, 20237 min read


How Does Education Impact Your Taxes?
The kids are back in school! Things like student loans, scholarships, and fellowship grants can play a role in parents’ and college...
Sep 29, 20233 min read


Research Credit Doubled by the Inflation Reduction Act
The Inflation Reduction Act that President Biden signed into law in August of 2022, has a provision that could benefit many small...
Sep 27, 20234 min read


The Hidden Costs of Sloppy Bookkeeping
A recent Stanford study reviewed the aftermath of the Enron collapse and the repercussions to Enron's accounting firm's former clients....
Sep 26, 20232 min read


Top 10 Tax Strategies For Physicians
Strategies for physicians to provide legitimate means to substantially mitigate tax liabilities while adhering to the boundaries of the law.
Sep 25, 20233 min read


IRS Orders Immediate Stop to New Employee Retention Credit Processing
Despite warnings from the IRS, AICPA, and other professional tax organizations many business owners are being misled into filing for the...
Sep 22, 20236 min read


Tax and Personal Finance Tips for New Parents
Expanding your family? Whether you’re in the planning stages or your bundle of joy has already arrived, raising a child is one of life’s...
Sep 29, 20224 min read


Best Practices for Avoiding Cash Flow Problems With Your Business
If you had to make a list of some of the biggest issues that plague small business owners on a regular basis, cashflow problems would...
Sep 26, 20228 min read
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