Blog

David Winters

Want to Give this Year? Here’s What You Need to Know.

As the year is coming to an end, are you making plans to give?  You could trim both your estate and income taxes with annual giving.  There is an annual exclusion for gifts that allows you to give $14,000 annually to any number of recipients without paying federal gift tax.  Gift splitting allows married couples […]

December 11, 2017|
Lisa Rollings

Customer Spotlight: AppleTree Staffing

AppleTree Staffing is a boutique staffing agency located in Greenwood, Indiana. Jonathan and Jennifer Loo started the company more than 8 years ago. They operate as a contract-to-hire placement agency with a focus on working with companies who know how to treat and appreciate their employees. Market level pay and growth opportunities are key characteristics […]

November 6, 2017|
Kathy Hopkins

4 Smart Ways to Cut Business Costs

In today’s challenging business environment, keeping costs under control is crucial. While staff reduction is, without a doubt, one of the quickest ways for a business to cut costs it is not always the best cost-cutting strategy. Reduced productivity can stem from drastic job cuts and decrease profitability due to slower growth. When situations improve, […]

October 13, 2017|
David Winters

Get the Maximum Benefit from a Casualty Loss Deduction

An unexpected casualty can wreak havoc emotionally and financially.  An itemized tax deduction may help ease the financial burden if your home, vehicle, or other personal property has been damaged or destroyed by an unforeseen disaster. Typically, you claim a casualty loss in the taxable year the disaster happens.  But, if you’re in a federally […]

September 14, 2017|
David Winters

How Much Do You Need to Retire?

According to the National Institute on Retirement Security, nearly half (45 percent) of working-age households don’t have any retirement assets. With less than one year’s worth of their annual salary in retirement savings, nearly two-thirds of those working-age households close to retirement (age 55 and older) are not well prepared. To retire comfortably, how much […]

August 11, 2017|
Gregory Simons

Five Reasons to Incorporate Your Business

As your business grows, you may want to consider the benefits of incorporating.  Many start a new venture with no thought about the legal structure for their business. The IRS considers “sole proprietor” to be the default structure in which your business profits are taxed on your personal tax return. While this can serve you […]

July 12, 2017|
Rebecca Geyer

Graduation – The Time to Put Documents in Place

The time is fast approaching when many young adults leave the nest and head for college. But, just as the famous American Express commercial cautions consumers not to “leave home without it”, referring to a credit card, at Geyer & Associates we caution students not to leave home without first putting two important estate planning documents […]

June 13, 2017|
Lisa Rollings

Considering Paying for Your Child’s College Education?

Paying for a college education can be intimidating for both the college student and the parents, especially with rising costs.  When deciding whether the parents or the child should take on this responsibility consider the compelling arguments for both sides.  Ultimately, you need to determine what will work best for your family’s financial situation and […]

June 12, 2017|
Lisa Rollings

Customer Spotlight – ArtMix

ArtMix (formerly VSA) has been a part of the Indianapolis community for over 35 years.  Gayle and David Foy had a vision of providing a way for Indiana children with disabilities to not be isolated in the school system.  They adopted a model from a program via the John F Kennedy Center which was started […]

May 1, 2017|
David Winters

New IRS Collection Policy Update

As we progress through 2017, be aware of major changes to the IRS Collection Policy.  According to accountingtoday.com “During the past five years, new laws and IRS administrative changes to collection policy have been frequent, and can be hard for taxpayers and tax professionals to keep up with.”  Stay informed and take a moment to […]

April 27, 2017|