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Become an Activist for your Company in 2012!Part of our Personal Leadership Series By Thomas J. Sponsel, Managing Partner As January comes and goes, so do New Year’s Resolutions. Such resolutions are often made to be broken, if procrastination hasn’t already postponed making a commitment. A 2007 study by the University of Bristol found that [...]
Get ready for 2012!By Patrick Metallic, CEBSManager, Director of Employee Benefit Servicespmetallic@sponselcpagroup.com The Facts About Retirement Plan Fee DisclosuresAs we approach year’s end, now is a good time for all those in charge of overseeing retirement plans to review their disclosure responsibilities. As we prepare to greet 2012, it’s important to remember that overlooked deadlines [...]
Keeping You Informed on Indiana’s Tax Changes
By Jennifer McNett, CPAManager, Tax Services In 2011, Indiana’s lawmakers made several changes that affect income, sales and use taxes. Do any of these changes benefit or burden you? Here’s a quick summary of some of the key changes. Several of the deductions that had been allowed on federal income tax returns in recent years [...]
Estate Planning: What You Should Do Now
By Stacey Jarrett, CPAManager, Tax Services We just recently ended estate planning awareness week. Which begs the question: when was the last time you thought about your personal estate plan? For most of us this tends to be one of those items on our lengthy to-do list that we keep pushing off. There are a [...]
Are You Being “Unreasonable” About Your Own Compensation?
By Jennifer McNett, CPAManager, Tax Services In recent years, the Internal Revenue Service has focused more and more on shareholders of S corporations and the salaries they are paying themselves. The IRS has always considered that shareholders must pay themselves a reasonable wage for services they provide to their companies. Various regulations and court cases [...]
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