Blog

In this month’s newsletter, we talk about coping with COVID, succession planning, the benefits of visiting downtown Indy and more!

By Lisa Purichia Partner, Director of Accounting Services & Retirement Plan Services lpurichia@sponselcpagroup.com Although COVID is continuing to leave its mark on all of us, you can’t let it push

By Tom Sponsel, CPA/ABV, CFF Managing Partner tsponsel@sponselcpagroup.com  With COVID disruptions and distractions, and the start of a new business year, succession planning is probably not at the top of

Indianapolis has come a long way. Known in past decades largely for its racetrack, this once sleepy town fittingly nicknamed “Naptown” is now a bustling metropolis. Well, maybe not so

Leslie Munas is one of the newer members of the Sponsel CPA Group family, having joined as a Manager in the Tax Services department in October of 2020 . In addition

On January 19, 2021, the SBA and Treasury issued the much anticipated new application for loan forgiveness for loans under $150,000, along with several other new documents related to the

Ring in 2021 with a look at leadership, business evaluation, three new members of the Sponsel CPA Group family and more!

By Tom Sponsel, CPA/ABV, CFF Managing Partner tsponsel@sponselcpagroup.com  As unprecedented political events flood your newsfeed these days, you may find it difficult to focus on tasks at hand. Your most critical

By Lisa Blankman, CPA Manager, Audit & Assurance Services LBlankman@sponselcpagroup.com Given the disruptions of last year, you’ll naturally want to hit the ground running in 2021, but don’t get lost

Sue Hott has worked in the field of banking and finance for more than 30 years. She joined the Sponsel staff in the summer of 2017, and she serves as

On January 6, 2021, two Interim Final Rules related to the Paycheck Protection Program (PPP) were issued with several clarifications on the Economic Aid Act passed in December. A summary

Note: The stimulus bill summarized in this communication has not yet been signed into law by President Trump and is therefore subject to change. On Monday, December 21, 2020, Congress

Warm holiday wishes from our family to yours! 2020 posed challenges for us all. We are grateful to everyone who rose to the occasion during this difficult year — from

In this month’s newsletter, we explain IRS updates, discuss how to plan for 2021, explore risk analysis and introduce you to some of our fine team members!

By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services nhopkins@sponselcpagroup.com At the start of the new year, the IRS will expand its Identity Protection PIN Opt-In Program nationwide to

By Tom Sponsel, CPA/ABV, CFF Managing Partner tsponsel@sponselcpagroup.com  As COVID continues to change our daily lives both personally and professionally, you may feel as though it’s impossible to plan for anything.

By Eric Woodruff, CPA, CCIFP Partner, Audit & Assurance Services ewoodruff@sponselcpagroup.com If 2020 has taught us anything, it’s that you can never be too careful when it comes to monitoring

Dalton Mudd started at Sponsel as an intern in the midst of the 2017 tax season. He later joined the tax services staff as a full-time member at the start

The IRS recently released additional guidance regarding certain tax implications associated with the PPP loan program. A brief recap of some of the prior guidance that has been issued: The CARES Act specifically states that

On November 6, 2020, the SBA announced that PPP loan borrowers who received, together with affiliates, $2 million or more in Paycheck Protection Program loans, will now be required to