February 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
Continue Reading2023 Projected to Be a Riskier Year
As you enter the new year, it’s important to understand the risks your business faces. In a recent blog article for the National Association of Corporate Directors (NACD), Jim DeLoach
Continue ReadingSecure 2.0 — Retirement Enhancements
As expected, Congress has passed legislation, which the President has signed, that will have far-reaching implications for retirement plan savings plans. A grouping of retirement plan provisions in the Setting
Continue ReadingDecember 2022 Newsletter
Before the holidays, we’d like to discuss how to inspire your team, how to plan for succession and what we are thankful for this year.
Continue ReadingInspire to Be Aspirational
By Lisa Blankman, CPA Manager, Audit & Assurance Services [email protected] At the end of any business day, your team members shouldn’t just have completed tasks to show for themselves; they
Continue ReadingSuccession Planning Must Be Intentional
By Liz Belcher, CPA Senior Manager, Tax Services [email protected] Too often business owners find themselves backed into a brick wall when it comes to succession of their business enterprise …
Continue ReadingEmployee Spotlight: Nick Hopkins
Nick Hopkins is one of the founding members of Sponsel CPA Group, and he is excited to be part of the firm’s growth over the last 13 years. A CPA,
Continue ReadingOctober 2022 Newsletter
In this month’s newsletter, you’ll learn about new cost-of-living adjustments, new Sponsel team members, the malleable definition of a successful business and more!
Continue Reading2023 Adjustments for Social Security & IRS Limits
The IRS recently announced changes set for next year that will affect cost of living, tax rates, and retirement plan limits. First, social security beneficiaries are in for good news.
Continue ReadingWhat Does Success Look Like?
By Lisa Purichia Partner, Director of Accounting & Retirement Plan Services [email protected] For the first time in history, there are five generations of talent in the workforce. Considering this unprecedented
Continue ReadingEmployee Spotlight: Beth Terry
Beth Terry is soon to celebrate her first full year here at Sponsel CPA Group, as she joined the firm in November of 2021. As a Manager in the Audit
Continue ReadingNever Let a Crisis Go to Waste!
By Tom Sponsel, CPA/ABV, CFF Partner [email protected] With COVID and the ever-evolving marketplace around it, the last few years have been quite an endurance test for businesses. But business isn’t just about
Continue ReadingIntroducing the New Lease Accounting Standards
By Lisa Blankman, CPA Manager, Audit & Assurance Services [email protected] Back in 2016, the Financial Accounting Standards Board (FASB) published ASC 842, a new lease accounting standard that ensures transparency
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