MKR Blog
If you are involved with a not-for-profit organization, you may wish to check out a Workshop for Small and Medium-Sized 501(c)(3) Organizations given by Internal Revenue Service and hosted by Central Indiana community Foundation. Cost is $20. Registration deadline is...
WASHINGTON (AP) - If you earn less than $200,000 a year, there's a strong chance you don't have to worry about an Internal Revenue Service audit. But if you make more than $1 million annually, the odds have been rising that you'll be hearing from the tax man. The IRS...
By AccountingWEB Staff Time is running out before the payroll tax rate automatically increases in two weeks, and the dispute over how to fund it continues. The tax measure at issue would maintain the payroll tax rate at 4.2 percent for the year 2012 instead of...
The IRS released the 2012 mileage rates today.
This holiday season, online shoppers will find more states are looking to make sure gift givers also give their state its fair share – in terms of sales tax for online purchases, according to CCH, a Wolters Kluwer business and a global provider of tax, accounting and...
By Ken Berry Just a week after this year's Veterans Day, President Obama signed new legislation providing a tax credit to employers who hire military veterans. The VOW to Hire Heroes Act is a small piece of a much larger jobs bill that has stalled in Congress....
The Federal government once again is giving a FUTA Credit reduction for the following 20 states due to the individual states unpaid federal loan. State Credit Reduction Arkansas 0.3% California 0.3% Connecticut 0.3% Florida 0.3% Georgia 0.3% Illinois 0.3%...
IR-2011-103, October 20, 2011 The Internal Revenue Service (IRS) has announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for Tax Year 2012. In general, many of the pension plan limitations will change...
We would like to welcome the newest member of the CWMcF family, which actually happens to be a family member of Partner Steve Reed. Steve’s daughter, Amanda O’Brien, was hired as a staff accountant and QuickBooks ProAdvisor.
Though Pete McAllister, CPA has known for about a month now, CWMcF discovered this week that Pete was awarded a 5-Star ranking in the Indianapolis Monthly’s October Issue of Top Local Professionals. How’s that for modesty? (and a job well done. ) Congratulations...
As veterinary medicine continues to evolve, 2025 promises to be a transformative year. Industry professionals face emerging legislation, possible new roles, energized investor interest, and shifting dynamics in the pet insurance market. Here are the top trends shaping...
Tax season 2025 is here, and staying on top of important deadlines is essential for avoiding late fees and penalties. Knowing key dates like the federal income tax filing deadline, quarterly estimated tax payment due dates, and extensions can help you stay organized...
Running a small business in 2025 presents both challenges and opportunities. To stay ahead of the competition, you must adopt a proactive approach to planning and execution. By focusing on the following strategies, you can set your business up for success this year...
For construction companies, growth and profitability often hinge on that company’s ability to overcome progress barriers. Whether it’s delays in project timelines, inefficiencies in communication, or outdated practices, construction firms need innovative solutions to...
After Donald Trump’s win in November, taxpayers are wondering how a second Trump term could reshape U.S. tax policy. Trump’s first term saw sweeping changes under the Tax Cuts and Jobs Act (TCJA) of 2017. With key provisions of that legislation set to expire in 2025,...
For small businesses, growth is both a challenge and an opportunity. To navigate this journey successfully, entrepreneurs should rely on practical strategies that ensure sustainable growth. Here are some proven approaches to help your small business thrive. Control...
Essential changes to Individual Retirement Accounts (IRAs) and 401(k) plans are set to take effect in 2025, primarily due to the SECURE 2.0 Act. These modifications, set to phase in over the next several years, will impact your retirement savings strategy. Here’s what...
Independent healthcare practices face a range of challenges in managing payments and maximizing revenue, but recent developments in patient expectations and legislation provide fresh challenges and opportunities. Here’s how independent practices can leverage these...
As the United States prepares for a second Trump presidency, small business owners are paying close attention to the policies that could shape their future. Trump’s economic priorities, including tax reform and deregulation, will echo those from his first term. Here’s...
Professional services firms face unique challenges when trying to scale. Effective growth requires a strategic focus on critical areas that impact efficiency, profitability, and client satisfaction. The following article explores the top key areas professional...