Blog

David Winters

Opinion Piece – New Tax Law

In December, both houses of congress passed their version of tax reform, quite arguably the largest since the Tax Reform Act of 1986 passed during the Reagan Administration. On December 22, President Trump signed the version of the new law, known as the Tax Cuts and Jobs Act (“TCJA”), that came out of conference committee […]

February 13, 2018|
Jason Saunders

Don’t Ignore the Nanny Tax

Make sure you don’t overlook the nanny tax as you are reviewing your filing requirements for 2018.  You could be liable to pay state and federal payroll taxes if you have a housekeeper or other household employee. How do you know if you must pay the nanny tax? A household employee is generally someone you […]

February 12, 2018|
Clara Lehman

Conquer Your Financial Clutter

Being unorganized, especially when it comes to finances, can equal disaster.  With so many items to keep track of, financial records are notorious for being scattered.  It’s easy to tuck away bills, paycheck stubs, bank statements and other paperwork at random.  Now is the time to get your financial paperwork well organized. Put all your […]

January 2, 2018|
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|