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...

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...

Why Benchmark Your 401k?

The Department of Labor (DOL) wants you to benchmark your plan for reasonableness – at least every three years. A benchmark report helps during a DOL audit. Benchmarking will tell you: Who provides services to your plan, as well as the actual fees charged....

A Tax Refund for You or an Interest Free Loan for the IRS?

Are you anticipating a big refund this year?  Since getting a large refund actually costs you money, you may want to do some tax planning each year in order to minimize the amount you get back. If you are among the millions of taxpayers who receive a refund each year...

The Real Definition of "Dependent" May Surprise You

You may only think of a minor child who is living with you when you think of a “dependent”.  While this is true, you will want to remember that a dependent could also include children who do not live with you, a parent, or another relative. Definition of a dependent....

Tax Bracket, Tax Rate, What's the Difference?

It’s not a trick question, there is a difference between your tax bracket and your tax rate.  Your tax rate indicates your tax liability in relation to your total income but for planning purposes, you will also want to be aware of your tax bracket.  As an...

New QuickBooks® Phishing Scam Warnings

A new phishing scam is targeting users of Intuit’s QuickBooks® accounting software.  Users should watch for emails with the subject line “QuickBooks® Support:  Change Request”, which includes a claim that the business name has been changed and indicates that the...

Economic Incentives You Do Not Want To Miss

There are State and Local Government economic incentives that are often missed by growing new businesses because they do not apply early enough.  Or companies think their project was not large enough or important enough to warrant said incentives. There are specific...

Avoid Hiring Mistakes in Your Business

Making mistakes when staffing your business can turn out to be a disaster.  Consider the following three common errors before making any staffing decisions for your business. Bringing on friends and family to staff your business. In some instances, hiring friends or...

Customer Spotlight – McGuire Scenic

Customer Spotlight: The Scene, Supporting the Show! Although their work is in the back ground, it truly makes the show. McGuire Scenic is an Indianapolis based scenery design company. Started in 1995, Laura Perlman and her husband Don McGuire dedicated their small...