April 2023 Newsletter
This is a special newsletter, as we bid farewell to our firm’s namesake and mark the close of busy season!
Continue ReadingWhat a Ride … Thank You! — A Message from Tom Sponsel
I will be retiring from the firm effective May 31, 2023. On September 2, 2009, we embarked on a journey of building a successful business enterprise that would be based
Continue ReadingRisk Management — Lessons Learned
By Lisa Blankman, CPA Senior Manager, Audit & Assurance Services Email Lisa At the beginning of the year, the global consulting firm Protiviti projected 2023 to be the riskiest year
Continue ReadingDisaster Recovery: What Is Your Plan?
By Eric Woodruff, CPA, CCIFP Partner, Director of Audit & Assurance Services Email Eric As of early April, a total of nearly 400 tornadoes had swept through the nation in
Continue ReadingEmployee Spotlight: Grant Branson
Grant Branson started with the firm as a busy season intern and joined full time in 2021 as an Audit & Assurance Services Staff Accountant. Prior to becoming part of
Continue ReadingA Lease Accounting Update
The first Accounting Standards Update (ASU) of the year was issued in March. ASU 2023-01 Leases (Topic 842): Common Control Arrangements clarifies treatment for related party leases to be incorporated
Continue ReadingMarch 2023 Newsletter
Read about best business practices, your personal financial condition, a recent achievement for our firm and more!
Continue ReadingBest Places to Work: Sponsel CPA Group Scores Five for Five
Sponsel CPA Group is now “five for five” in the annual ranking of the Best Places to Work in Indiana, making the list every year since 2019, when they first
Continue ReadingMake It Easy to Do Business with You!
By Lindsey Anderson, CPA Senior Manager, Tax Services Email Lindsey Many business owners are so focused on growing their list of customers or products and services that they forget to
Continue ReadingYour Personal Financial Condition Is Important Too!
By Leslie Munas Manager, Tax Services Email Leslie Business owners’ personal lives can often play second fiddle to their professional pursuits. But when it comes to personal finances, it’s risky
Continue ReadingEmployee Spotlight: Andrew Albertson
Andrew started with Sponsel CPA Group as a tax season intern in 2021 and joined full time after graduating with a bachelor’s degree in accounting from Marian University. He works mainly
Continue ReadingUPDATE ON INDIANA PASS-THROUGH ENTITY LEVEL TAX
On Monday, February 20, Senate Bill 2 (SB2), “Taxation of Pass-Through Entities,” was passed by the Indiana House and is headed to Governor Holcomb’s desk to be signed into law.
Continue ReadingFebruary 2023 Newsletter
In this month’s newsletter, you’ll learn about leadership, diversity, members of our team, and upcoming tax matters!
Continue ReadingLeadership: Vision and Perseverance
By Jason Thompson, CPA/ABV, ASA, CFE, CFF Partner, Director of Valuation and Litigation Services [email protected] Many business owners may believe they are good managers, but they often become frustrated that
Continue ReadingEmpower and Diversify Your Team
By Lisa Purichia Partner, Director of Accounting & Retirement Plan Services [email protected] Given the hundreds of home runs he hit, you might not think legendary baseball player Babe Ruth would
Continue ReadingEmployee Spotlight: Rylie Burch
Initially a tax season intern in January 2022, Rylie Burch joined the Sponsel team full time in August of 2022. Rylie earned a bachelor’s degree in accounting and economics from
Continue ReadingProposed Indiana Bill on Pass-Through Entity Level Tax
We wanted to make you aware of a proposed tax bill being fast tracked through the Indiana state legislature that will potentially have a significant impact to S-Corporations, Partnerships and
Continue ReadingJanuary 2023 Newsletter
This is a particularly important newsletter, as it prepares you for the financial risks and benefits you face this year.
Continue ReadingYour Talent Pool May Be Bigger Than You Think
By Eric Woodruff, CPA, CCIFP Partner, Director of Audit & Assurance Services [email protected] One of the biggest obstacles companies currently face is a record-high shortage of talent. In this recent
Continue ReadingNew Partner: Liz Belcher
Liz Belcher, who has been with the firm since its founding, is the latest addition to Sponsel’s Executive Leadership Team, which now consists of six Partners. A graduate of Indiana
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