23 different charities were nominated for the 2015 Simons Bitzer & Associates Charity Contest. In evaluating and choosing our winner, we looked for a program where we could help in multiple ways. We did not want to just write a check, but we wanted to offer...
The trembling. The dry mouth. The dread. Anyone who has spoken in public knows what that feels like. But speaker nerves are more normal than you think. In fact, the only difference between pros and newcomers is that pros have learned to channel their nerves. You can...
Save time and trouble (and maybe some taxes) by knowing the difference between the standard and itemized deduction. When calculating your taxable income you have the option to use the standard deduction or an itemized list of qualified deductions. If you have a large...
Looking for some great business tax strategies? Business owners and real estate investors who want to sell property and acquire similar property at about the same time can benefit from a tax break called a like-kind or tax-deferred exchange which is a valuable...
Disaster-how do you plan for it? We never know when they will strike. You can decrease the impact of a disaster if you do some planning. Do not wait. Instead of having to reconstruct personal and business records in the aftermath of an unexpected calamity,...
Inventory is a significant dollar amount on the company’s financial statements. It is critical that recorded inventory balances are true. When these accounts aren’t properly stated, the cost of goods sold and current ratios – numbers that often matter to...
Dayspring Center In 1984 a local episcopal priest started a soup kitchen and overnight shelter in the basement of his Indianapolis church building. In 1989 the ministry was moved to a renovated building focusing on homeless adults and children. The ministry continued...
We have all heard that if we file a joint tax return with our spouse, we typically save money on our tax bill as opposed to filing separately. A disadvantage not discussed is that both spouses are now liable for the whole income tax bill. This would include penalties...
What goes through your mind when you think about hiring someone? Chances are, they are not words suitable for print! This is understandable because selecting a candidate for hire involves risk and levels of the unknown. The point at which you select your finalist can...
Simons Bitzer & Associates is participating for the fourth year in the Super Service Challenge. We would like you to take the challenge too! What is it? The Super Service Challenge, founded in 2011, is a nationwide movement to transform businesses through...
