Getting the Most Out of LinkedIn

By Rich Wagoner, CITP.CPA | Principal, Director of Technology LinkedIn can be a powerful tool for making business connections, but its effectiveness is up to you and is dependent on the effort you are willing to put into presenting your information and keeping the data current. If you haven’t taken the time to review your profile lately, now would ...

2012 Tax Credit Announced

By Marie Jett, CPA | Manager, Tax Services Group and Larry Brodnik, CPA | Senior Partner, Tax Services Group On November 21st the Governor announced that Indiana taxpayers who filed/file full year returns for both 2011 and 2012 will receive a credit on their 2012 tax returns equal to $111 (single filer) and $222 (joint filer – if both are eligible) ...

Anita Sherman, CPA Receives Distinguished Service Award

At the Indiana CPA Society CPA Celebration on November 16, 2012, Anita W. Sherman, CPA received the Society’s highest award, The Distinguished Service Award. Sherman is Managing Partner of Greenwalt CPAs.  Anita has a long history of service to her community and profession. She is currently on the Board of Directors of, has served as Chair ...

Tax Planning Between Now and Year End

by Jim Wagoner, CPA | Partner, Director of Tax Services Group and Brandon Cook, CPA | Partner, Tax Services Group President Obama has proposed a $1.6 trillion revenue increase, to come from corporations and high income individuals, to help solve the deficit problem. It appears a major battle will ensue, but that doesn’t change the fact that we ...

2013 COLA Update

by Stacey L. Spencer, QKA | Manager, Employee Benefit Services Group and Tim Ayler, CPA | Partner, Audit & Other Assurance Services The Social Security Administration (SSA) recently announced cost-of-living adjustments (COLAs) for 2013. The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income ...

Can Donating Inventory Provide a Tax Break?

by Tim Ayler, CPA | Partner and Director of the Construction Services Group As the year end approaches, many companies are beginning to worry about paying taxes and begin looking for those tax deductions that are not obvious to them. This is about the time when I usually get a question about donating inventory as a tax deduction, and whether it would ...

2012 FUTA Rate Update & 2013 Limit Changes

by Marie Jett, CPA | Manager, Tax Services Group 2012 FUTA Rates for Indiana Employers When employers pay their federal unemployment taxes (FUTA), they receive a rate credit when they pay their state unemployment taxes. The FUTA rate for employers is 6%. Employers can receive a rate credit of up to 5.4%, effectively making the FUTA rate .6%. However, ...