Blog

By Tom Sponsel, CPA/ABV, CFF Managing Partner [email protected]  In the midst of this crisis, it’s all too easy to grow overwhelmed and lose sight of the long-term vision for your

By Lisa Purichia Partner, Director of Accounting & Retirement Plan Services [email protected] As you cope with the continuing impact of COVID-19, you’re probably struggling with day-to-day operations rather than planning

(Editor’s Note: All Information included herein is as of April 10, 2020.) For many, the past week has been a mad dash to apply for the Small Business Administration’s (“SBA”)

The Internal Revenue Service has extended relief for the Federal Estimated Tax Payment (for Individuals and Corporations) normally due June 15, 2020 to July 15, 2020, without penalty. The IRS

As stated in our previous e-blast on Saturday, the U.S. Small Business Administration (SBA) has been authorized to offer two new loan facilities to assist business owners: 7(a) Paycheck Protection Program

By Bill Barks Director, Retirement Plan Services [email protected] The CARES Act was signed into law March 27, 2020. Below are the key provisions affecting retirement plans: Hardship Distributions: The CARES Act

By Lisa Purichia Partner, Director of Accounting & Retirement Plan Services [email protected] Author’s Note: This is VERY IMPORTANT information for employers. Additional supporting regulations and guidelines are to be issued this

Yesterday, the President signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. This Act creates relief for small businesses and their employees who are adversely affected by the COVID-19

By Nick Hopkins, CPA,  CFP® Partner, Director of Tax Services [email protected] On March 25, 2020, the Senate passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), intended to provide

By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services [email protected] The Internal Revenue Service has issued additional guidance on some commonly asked questions related to the postponement of the April

By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services [email protected] On March 20th, the Internal Revenue Service issued Notice 2020-18, which provides updated guidance related to the upcoming April 15th federal tax

In this month’s newsletter, you can read about our Coronavirus policy, tax filing and payment extensions, Sponsel’s recent accomplishments and more!

By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services [email protected] Treasury Secretary Steve Mnuchin tweeted today that President Trump directed him to move the tax filing deadline from April 15th

By Nick Hopkins, CPA, CFP® Partner, Director of Tax Services [email protected] On March 18, the Internal Revenue Service issued Notice 2020-17, which provides additional guidance related to the upcoming April 15 federal

At Sponsel CPA Group, we are keenly aware of the potential impact of the coronavirus (COVID-19). As many of you are, we are taking steps to provide for the continuity

By Tom Sponsel, CPA/ABV, CFF Managing Partner [email protected] Many business owners are so focused on growing their business they forget to stop and assess whether they’re easy to do business with. Here

Sponsel CPA Group is proud to be recognized for the second year in a row by the Indiana Chamber of Commerce in its list of the Best Places to Work in

Welcome to the first Sponsel CPA Group newsletter of the new year! Read about onboarding, benchmarking, new year legal policies and more!

By Lisa Purichia Partner, Director of Accounting & Retirement Plan Services [email protected] As the adage goes, your first impression is the best impression. In this tight labor market, that impression

By Lisa Blankman, CPA Manager, Audit & Assurance Services [email protected] Many business owners find that their financial statements do not always allow them the ability to truly understand their business