Avoid Underpayment Penalties
A year-end adjustment to your withholding could help you avoid a penalty.
Tick-tock. Time Is Almost Up.
What happens if you fail to file your return by October 15, the extended due date? One consequence: Unless a disaster-relief exception applies or you have a valid reason, you may be charged penalties and interest.
Keeping Tax Records Like the Pros
If you want to give your tax recordkeeping skills a performance boost, do what accounting professionals do.
Don't Panic if the IRS Sends you a letter
I recently received a notice in the mail from the IRS. To be honest, I panicked…and I work for a CPA firm. I knew I could take the notice to work the next day and get expert guidance. I can’t imagine how someone who does not work for a CPA firm feels...IRS Eases Reporting Requirement for Small Businesses
This post discusses the IRS requirements for employers to report the cost of coverage under an employer-sponsored group health plan on the employee’s W-2 for 2012.
Is a Like-Kind Exchange a Good Option for Your Business?
Please contact our office at (317) 782-3070 if you would like to determine whether like-kind exchanges can be a good strategy for your business as well as insights on their tax impact.