Blog

By Tom Sponsel, CPA/ABV, CFF Managing Partner First generation business owners are by their nature “can-do” people who focus like a laser on establishing and growing their company. Often they

By Amber Hoover, CPA/ABV Senior Analyst, Valuation and Litigation Services [email protected] What is a Discount for Lack of Marketability (DLOM)? According to the International Glossary of Business Valuation Terms, Marketability

By Eric Woodruff, CPA Manager, Audit & Assurance Services Your company is constantly changing and evolving, whether you are aware of it or not. The question is, are you adapting

Katie Brocklehurst has been with Sponsel CPA Group since its inception, and her working relationship with some of the partners goes back even further. Born a Bluegrass girl but raised

By Denise Gates, CPA Manager, Tax Services Last year the Indiana Legislature and Gov. Mike Pence made changes to the Indiana laws for personal property taxes. This resulted in some

This is the time of year when most of America is getting excited about the upcoming NCAA Basketball Tournament and all the hype and fun that comes with it. It

As our firm has grown and evolved, we thought our logo and tagline needed a little updating to better describe our mission: “Proactive Advisors – Strategic Solutions.” Proactive: We are

Sponsel CPA Group has hired Brandon Hoge as a Staff accountant in its Audit & Assurance Services department. He started work in January. Hoge previously served with the company as

By Mike Bedel, CPA, MBA, CGMA Partner, Director of Audit & Assurance Services Professionals who value and proactively manage their time have learned to manage the non-stop flow of e-mails

By Lisa Purichia Partner, Director of Entrepreneurial Services At the end of 2015, the IRS and U.S. Treasury Department issued extensions on the due dates for Form 1095 reporting, which

By Mike Bedel, CPA, MBA, CGMA Partner, Director of Audit & Assurance Services Hopefully you all have enjoyed a healthy and happy holiday season, and are ready to attack the

As a Valuation Analyst in the Valuation and Litigation department, Amber Hoover has been with Sponsel CPA Group since its founding. Her primary duties involve the valuation of privately held

By Nick Hopkins Partner and Director of Tax Services In Steve Covey’s seminal business book “7 Habits of Highly Effective People,” there is a chapter about “sharpening your saw.” It

Brandon Hoge has joined the firm as a Staff accountant in the Audit & Assurance Services (A&A) department. His name and face may be familiar as he previously served as

Sponsel CPA Group is pleased to welcome three new college interns, all of whom began Jan. 11 – just in time for the start of the busy tax season! Natalie

With just a few days left before 2016, Congress has finally brought clarity to this year’s tax picture with the passage of the “Protecting Americans from Tax Hikes Act of

Gas prices have fallen, so it’s no surprise that the IRS has announced lower optional standard mileage rates for business use of a vehicle for 2016. The new rate will

TITLE I – EXTENDERS Subtitle A –Permanent Extensions PART 1 – Tax Relief for Families and Individuals Section 101. Enhanced child tax credit made permanent. The child tax credit (CTC)

The Internal Revenue Service (IRS) has increased the de minimis safe harbor threshold for deducting certain capital expenditures from $500 to $2,500. This move, which takes effect for tax year

The arrival of 2016 also means new requirements for employers because of the Affordable Care Act (ACA), commonly called Obamacare. Internal Revenue Code (IRC) Section 6056 requires Applicable Large Employers