Category: General

2016 Presidential Candidates Tax Plans

“In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin’s quote has definitely stood the test of time and since death is normally not a trendy subject at your cocktail parties or family gatherings, maybe taxes, whether good or bad, may be a more interesting subject for us to […]

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Determining Worker Status

According to the IRS, the misclassification of workers as independent contractors (rather than employees) accounts for billions in unpaid taxes each year. As a result, the agency has been zeroing in on misclassification as a revenue raiser. And, since it’s found that it’s more difficult to collect from independent contractors, it tends to favor employee […]

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Healthcare Reporting Update

The IRS has issued a notice (Notice 2016-4) that extends the time employers and insurers have to file Forms 1095-B and 1095-C. The due date for furnishing the forms to individuals is now 3/31/16 instead of the original filing date of 2/1/16. The due date for filing the forms with the IRS has now been […]

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Larry Greenwalt, We Thank You for 34 Years of Leading Our Team

It is with mixed emotions the Firm announces that Larry Greenwalt will be retiring from the Firm at the end of July. In reaching this decision, Larry concluded that the Firm is well positioned to make his retirement practical at this point in time. This concludes the transition process that started over five years ago, […]

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Crossing the (State) Line

If expansion plans call for doing business in other states, factor in tax liability by Marie Jett, CPA | Principal and Anita Sherman, CPA | Managing Partner When you say you want to grow your manufacturing company, what does that mean? It may entail expanding your physical plant or warehouse or introducing new products. It […]

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Have You Prepared a SWOT Analysis?

By Jim Wagoner, CPA | Director of Tax Services Group The SWOT Analysis – the acronym standing for “strengths, weaknesses, opportunities and threats” – is a long-standing risk management essential. This article explains how to get started on a companywide SWOT analysis and identify these four factors. Doing so can help a company create awareness, […]

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Senate Finance Committee Issues Tax Extenders

by Larry K. Greenwalt, CPA, Chairman of the Board and Anita Sherman, CPA, Managing Partner Below are the two most critical updates.  We recommend you review these extensions as they may apply to you and talk to us as to what personal and business impact they have. Individual Provision Tax-free distributions from individual retirement plan […]

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Marie Jett, CPA Promoted to Principal at Greenwalt CPAs

Greenwalt CPAs is delighted to announce that Marie Jett has been promoted to Principal at the firm effective January 1, 2014. Marie specializes in providing services to manufacturing and distribution companies, professional service organizations, small business clients and estates and trusts. Marie is a 1999 graduate from Indiana University and started with the firm in […]

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Tim Ayler and Brandon Cook Present at Indiana Green Expo

Tim Ayler and Brandon Cook presented at the 2014 Indiana Green Expo at the Indiana Convention Center on Thursday, January 9th. The conference included companies from the green industry, including turf, irrigation and landscape companies, as well as golf courses and other businesses. The title of the presentation was Pay Attention! Overlooked Tax Breaks and […]

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