Blog

Josie Dillon is a Senior in our Tax Services group. As a Senior, she performs a wide variety of tax compliance and consulting services: personal, business, trust and nonprofit income

QuickBooks is one of the most powerful and popular accounting software packages available today, and here at Sponsel CPA Group we assist many clients with installation, training and support for

Michelle Jenkins has joined Sponsel CPA Group as an Administrative Assistant in the Tax Services group. Her duties will include providing administrative support to the tax team, as well as

Ever wonder what employees are trying to pass off as legitimate business expenses through the expense reimbursement process? Certify, Inc., a travel and expense software reporting company, has a list

Our nation’s “economic turnaround” continues to take shape. As many different asset classes continue to grow with talent and capital expenditures, some companies may think that their business is too

The IRS has set new penalties associated with the Affordable Care Act (ACA), commonly referred to as Obamacare. They have been increased for failure to file information returns, which includes

If you’ve turned on your TV recently, chances are you’ve seen an advertisement for DraftKings or FanDuel, two of the most popular daily fantasy sports gaming sites. Daily fantasy sports

A Manager in the Tax Services department, Lindsey Anderson assists individual clients and companies across a broad spectrum of industries with preparing federal and state income tax filings, projections and

The Internal Revenue Service (IRS) has issued its new cost-of-living adjustments for the year 2016. These tax limits are adjusted annually according to various economic data and benchmarks. They should

Indiana Gov. Mike Pence recently announced the state will pay off the federal unemployment loan, approximately $250 million, using cash reserves. As a result, businesses will not have to pay

Recently the Indiana Department of Revenue offered a Tax Amnesty Program in which past-due tax bills can be paid free of penalty, interest or collection fees. It covers about 40

On July 29, 2015, the Financial Accounting Standards Board (FASB), which establishes financial accounting and reporting standards in the U.S., proposed to simplify rules about debt classification. This proposed change

As the leaves change color and we dust off our heavy coats, we await the year end with anticipation, and perhaps some anxiety. If you’re a business owner or manager,

Michele L. Wilson has been with Sponsel CPA Group for more than three years as a Manager in the Entrepreneurial Services department. Her experience spans multiple industries including hedge funds,

“In the Weeds” is a saying commonly used to describe being immersed or entangled in details. For many business owners, managing the day-to-day details (the weeds) of the business is

The Indianapolis Business Journal recently released their annual list of the 25 Largest CPA Firms in Indianapolis. Sponsel CPA Group moved up four spots to the 20th largest CPA firm in

On Oct. 6-8 Sponsel CPA Group hosted nearly 40 college recruits for open positions and internships. Most of them were juniors or seniors from colleges in the region. Team members

Senior Valuation Analyst Amber Hoover and Tom Sponsel spoke at the Indiana CPA Society’s first-ever Business Valuation Conference on Sept. 18. Their presentation was titled, “How to Best Scope a

One interesting question that comes up during a valuation engagement is if the value of a company can change on a day-to-day basis. While this may be true for publicly-owned

If you’re a business owner/manager, no doubt some of these thoughts have kept you up at night at some point: Is the company lacking timely financial information? What is the