How Indiana Contractors Choose a Construction Accounting Method
August 18, 2026
How Indiana contractors choose between cash, completed-contract, and percentage-of-completion accounting, and when IRS rules require a switch.
How Indiana contractors choose between cash, completed-contract, and percentage-of-completion accounting, and when IRS rules require a switch.
Prepare for tax season with this year-end checklist for businesses and individuals. Review finances, maximize deductions, and get organized before 2026.
The passage of OBBBA brings important updates to individual taxes. Here’s what you need to know for effective financial planning.
If your non-profit organization has been receiving generous donations from a single donor, you may reach the tipping point between being a public charity and a private foundation. Discover effective strategies for diversifying donations and monitoring public support to ensure your organization remains on track with its mission.
2022 marked our 50th year in business, and like fine wine, we’re only getting better with time. Here’s a breakdown of our exciting and successful year.
The American Rescue Plan Act signed into law this past March expanded the Child tax credit from $2,000 per child to $3,000 per child ($3,600 for children under 6). In addition, the law allows for ½ of the credit to be paid out monthly. In July the IRS began issuing
There are some colleges issuing refunds for college-related expenses due to changes resulting from the COVID-19 pandemic. Many individuals are receiving refunds that can be traced back to payments made from a 529 Plan, which is designed as a tax beneficial savings vehicle if used for college expenses. 529 Plans
The new disclosure requirements set by ASU 2016-14 require not-for-profits to do extra work in preparing their financial statements. These disclosures provide the benefit of providing a more transparent perspective of how an organization’s financial picture really looks. ASU 2016-14 requires the following changes to financial statement presentation and disclosures:
Although Indiana’s not-for-profit organizations play a huge role in making our state a valuable place to live and do business, their tax reporting requirements can be a major hassle to completing their respective missions. We tried to make it easier in this reference guide for 2019.
The Internal Revenue Service (IRS) released their “Dirty Dozen” list of tax scams last week. Near the top of their list was a warning to taxpayers to be on the lookout for tax return preparers promoting inflated tax refund claims. The “Dirty Dozen” annual list is compiled by the IRS
