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TAX AMNESTY 2015

On June 29, 2015, Governor Mike Pence announced that the Indiana Department of Revenue will conduct Tax Amnesty 2015 from September 15, 2015 through November 16, 2015. Tax Amnesty is a limited time opportunity for both individuals and businesses to pay past-due taxes free of penalty, interest, and collection...... Read More

IRS ANNOUNCES MASSIVE DATA BREACH

The Internal Revenue Service warned of a huge data breach of its online Get Transcript application that allowed the tax returns of approximately 104,000 taxpayers to be accessed by identity thieves. The IRS said Tuesday that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to...... Read More

EMPLOYING YOUR CHILDREN COULD SAVE TAX DOLLARS

Summer is upon us.  Among several summer activities, your child may be spending some of their additional time working for extra cash.  Did you know their summer job could be advantageous for your business?  Consider employing your child if you are a sole proprietor or in a partnership with...... Read More

Midyear Tax Moves to Make Now

It’s hard to believe the year is more than half over. Now is the time to take advantage of tax moves that could help reduce your 2013 tax bill: Adjust your withholding.  The goal is to have just the right amount withheld from your paychecks to cover your tax...... Read More

Reducing the Risk of Fraud

Internal controls are necessary to reduce the risk of fraud. Time should be taken to set up, implement and review a policy of internal controls. Some items to consider in creating an internal control policy are: Segregation of duties One of the most important ways to fight and detect...... Read More

Reducing the Risk of Fraud

Most growing businesses have to fend off many different kinds of threats: competition, economic changes, and the rising costs of goods or human resources. But one large threat to businesses can be a silent, looming killer—fraud. Within the small business environment, it may not be a question of if...... Read More

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