Our Industries – Accounting Firm Indianapolis
Industry Expertise with You in Mind
In addition to providing a variety of accounting services, our firm works with clients from a diverse array of industries, from construction companies to nonprofits to veterinary medicine. At MKR, we understand that each and every type of business has different needs, challenges and compliance issues; the accounting needs and business planning of a healthcare organization will likely be vastly different than those in the retail and distribution industry, and we are here to address the expansive needs of both industries, plus many others.
Our experienced CPAs and advisors are trained to understand the intricacies of numerous types of companies, and dedicated to continuous education on how to better serve our client’s industry-related needs. We seek to provide top-notch service and practical solutions that are directly related to the type of business you operate. Below you will find links to the industries we currently serve. However, if you do not see your industry listed, please inquire with one of our staff members and we will either do our best to service you, or direct you toward someone who can.
President Biden’s “Build Back Better” policy initiative, which targets economic recovery, includes a $1.8 trillion American Families Plan (AFP) and a $2.3 trillion American Jobs Plan. The administration plans to fund both initiatives through a Made in America Tax Plan. Below is an overview of what’s included in this far-reaching tax overhaul.
The IRS uses a computer program called the Discriminant Function System (DIF) to analyze tax returns and red flag them if they deviate from statistical averages. When a return draws a high DIF score, an agent evaluates it and decides if an audit is necessary. Your...
Beyond PPP: These Programs and Tax Provisions Can Provide Alternative Recovery Strategies for Construction Firms
While Congress appropriated a total of $669 billion in loans to small businesses under the Payment Protection Program (PPP) as part of the larger CARES Act, funding was reportedly exhausted by May 5th of this year. However, there are a number of additional programs and tax provisions, discussed below, that business owners should be aware of to use in place of or jointly with PPP loans.