The Indiana Department of Revenue (DOR) is offering a tax amnesty program through September 9, 2026, that allows individuals and businesses to pay outstanding Indiana tax liabilities and receive a full waiver of all related penalties, interest, and collection fees. Indiana has already mailed amnesty case letters to many taxpayers that are showing eligible tax […]

Every major business decision depends on having accurate and up-to-date financial data, whether it’s hiring, expanding or managing cash flow. Many business owners don’t have the systems or support in place to produce reliable financial reports. Working with an experienced advisor can change that, giving you the foundation you need to make confident decisions and […]

Charitable giving can do more than support causes you care about, it can also reduce your tax bill. The deductions and limitations vary depending on what you donate, how you donate it, and whether you itemize. Let’s take a look at some of the significant rules, limits and changes affecting different types of donations. With […]

Providing child care benefits can be a powerful tool for attracting and retaining employees and recent tax law changes have made it more financially attractive for businesses of all sizes. Starting in 2026, the employer-provided child care credit under Section 45F has been significantly expanded, with higher credit rates, a larger cap, and new options […]

Ohio’s sales tax holiday for August 2026 will run from 12:00 a.m. Friday, August 7, 2026, through 11:59 p.m. Sunday, August 9, 2026. For 2026, Ohio has returned to its standard three-day back-to-school holiday. During this period, qualifying purchases are exempt from Ohio sales tax only if they fall within the following categories and per-item […]

Recent U.S. Bureau of Labor Statistics data reveals a slowdown in hiring activity. Yet despite this trend, organizations continue welcoming new employees – and each hire represents a substantial commitment of resources and capital. As labor costs remain a top concern for businesses across industries, the ability to rapidly integrate new team members into productive […]

Winning the lottery or hitting a big jackpot is thrilling, but the IRS sees it differently. Under federal tax law, lottery prizes, gambling winnings, and most awards are treated as ordinary taxable income. Understanding these rules now can help you plan ahead and avoid unexpected tax bills when you file your 2026 return. Lottery prizes […]

Tax issues can catch up with even the most organized small business owners. Whether it is a cash flow crunch, an unexpected tax notice, a missed filing deadline, or a payroll tax mistake, these problems can add up quickly — especially once penalties and interest kick in. The good news is that businesses can get […]

We wanted to make you aware of a recent IRS announcement that may affect your business recordkeeping and reimbursement practices. The IRS issued Announcement 2026-11, raising the optional standard mileage rates effective July 1, 2026. The updated rates are as follows: Business mileage: 76 cents per mile (72.5 cents per mile 1/1–6/30/2026) Medical and moving […]

A budget built only for normal conditions can create false confidence. One lost customer, supplier price increase, cyberattack or interest-rate spike can expose weaknesses that were invisible on paper. Stress testing forces those risks into the numbers before they become emergencies. Some background Stress testing gained widespread attention in the banking industry following the 2008 […]