What to Expect from an Audit
When you’ve engaged a CPA to perform an audit of your financial statements, you know the CPA will have expectations about how the audit will work. But what about your
Continue ReadingHow to Recognize and Utilize Teaching Moments
In the CPA profession, it’s well recognized that February through April is by far our busiest time of year as tax filing deadlines approach. But the lesson we try to
Continue ReadingSpring Fever: A Good Time to Hit the Refresh Button
As we finally – and thankfully! – emerge from the winter doldrums, now is a good time to hit the “refresh button” on your operational planning for the year. Believe
Continue ReadingThompson publishes succession article
Jason Thompson, Partner and Director of Valuation and Litigation Services, recently wrote an article that was published by Inside Indiana Business. The piece, titled, “Succession Planning: A Guide For Business
Continue ReadingEmployee Spotlight – Brandon Cangany
Brandon Cangany is one of the newest faces at Sponsel CPA Group, having joined the firm in January as a Staff accountant in the Tax Services department, where he works
Continue ReadingWhat Can the Market Tell Us About Valuation?
When it’s time to place a value on your company, there are three valuation approaches that are generally accepted for determining the value of a privately held business. For this
Continue ReadingSponsel CPA Group welcomes Nickell
Sponsel CPA Group is pleased to announce the addition of Mike Nickell as a Staff accountant in the Tax Services department. Mike is a recent graduate of the Kelley School
Continue ReadingWhat’s in the President’s Tax Plan?
During his recent State of the Union address, President Obama discussed a number of proposed changes to the federal tax code that he is in favor of making. Later the
Continue ReadingEmployee spotlight: Beth McGraw
A Senior in the Entrepreneurial Services department, Beth McGraw has been with the company for just over three years, primarily focusing on QuickBooks consulting, preparing payroll, bookkeeping services, and corporate,
Continue ReadingSuccession Planning: Keys to Post-Career Happiness
(Part 6 of 6) In our previous article on succession planning, we talked about how to invest the proceeds from the sale of a business. In this final installment in
Continue ReadingCangany, Hodell, Nickell join firm
Three new Staff accountants have joined Sponsel CPA Group in the tax department, and will be a big boost for us as we begin another busy tax filing season. Brandon
Continue ReadingTwo new interns
Our 2015 interns have arrived! Daniel Delaney and Brandon Hoge began their internships Jan. 12 and will be with us through the income tax filing deadline in April. Daniel is
Continue ReadingHodell joins Sponsel CPA Group
Ryan Hodell has joined Sponsel CPA Group as a Staff accountant with the Tax Services team. Hodell is a recent graduate of Marian University with a bachelor’s degree in accounting
Continue ReadingSponsel CPA Group adds Cangany
Sponsel CPA Group is pleased to announce the addition of Brandon Cangany to its Tax Services team. He has joined the firm as a Staff accountant. Brandon is already a
Continue ReadingMost family-owned businesses lack a succession plan
A new survey by PricewaterhouseCoopers LLP shows that the majority of family-owned businesses in the U.S. lack a succession plan — and that’s not good news for the next generation
Continue ReadingThinking about retirement? Know the value of your business
At Sponsel CPA Group we often encounter business owners who haven’t given enough serious thought to their exit strategy, whether it’s retirement or a new venture. In these cases, they
Continue ReadingBudgeting: Key to Your Success in 2015
As a new year begins, so do many of us undertake resolutions and goals for 2015, whether it’s to spend more time with our children or drop a few pounds.
Continue ReadingWhat the Tax Extension Bill Means for You
Last night the U.S. Senate passed the “Tax Increase Prevention Act of 2014” and related bills to extend certain critical tax provisions. As President Obama is expected to sign it
Continue ReadingIRS Issues 2015 Tax Limits
The Internal Revenue Service (IRS) has issued its new cost-of-living adjustments for the year 2015. These tax limits are adjusted annually according to various economic data and benchmarks. They should
Continue ReadingKhatadia Profiled in ISU Magazine
Maulik Khatadia, a Senior in the Audit and Assurance Services department, was recently profiled in State, the magazine of Indiana State University, where he earned his MBA in 2009. The
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