Should You Consider a Roth Conversion?
The idea of paying taxes on retirement savings sooner rather than later might seem like an ill-advised idea (who knows what the future’s tax rates will be?), but when it comes to a Roth IRA, which is funded with after-tax dollars, it could actually be …
Brammer & Yeend’s COVID-19 UPDATE
Effective June 1, 2020 we will open our doors and be open for business. We ask clients to continue to use caution and if they have any Covid-19 symptoms (Fever, cough, shortness of breath, etc.) to refrain coming in to the office and we will make other arrangements for you to drop-off or pick-up your information.
Economic Impact Payments
Many of you are interested in the status and timing of the economic impact payments so below you will find a link to the IRS’ website where they highlight and provide additional information about the payment’s status.
Filing Deadline Extended
Both the filing and payment deadlines for the 2019 tax year have been extended from April 15, 2020 to July 15, 2020.
Click the link below to see more about the updated deadlines as well as more information on Unemployment Insurance Basics and the FFCRA bill signed into law.
PPP Loan Forgiveness
The SBA has released the long-awaited loan forgiveness guidance and a Loan Forgiveness Application that Paycheck Protection Program borrowers will submit to their lenders.
Here is what we learned:
Central Indiana CPA Firm
Your Business. Your Family. Our Priority.
A company owners’ potential for personal financial security depends on the success of the business. Our commitment and responsibility is to help you business run smoothly and to help you achieve your personal financial goals. Whether you are a business or an individual, our specialized staff will provide you with assistance in all your tax, reporting, financial and business affairs!
We’re proud members of:
Brammer & Yeend is an independently owned and operated member firm of CPAConnect, an alliance of CPAmerica, Inc.
Financial information and reporting should not be a diversion for business owners, instead, financial information should be accurate, available, and insightful. We leverage experience and technology to provide business owners with dynamic resources and management tools.
Our personal services are designed to help busy, successful families manage their finances and grow their wealth with confidence and peace of mind. We do this by working together with our business solutions, allowing us to partner with clients and coordinate business and personal planning in order to meet their most important goals.
Our Core Industries
We strive to provide excellent service and solutions that fit our client’s specific needs and are industry appropriate. Our experienced CPAs have worked with clients in a variety of industries and understand the intricacies of each and apply the best solution possible. Over the years we have serviced clients in industries including agribusiness, retail, construction, manufacturing, food & beverage and many more. Below are some of our industries where we have specialized experience and expertise.
The idea of paying taxes on retirement savings sooner rather than later might seem like an ill-advised idea (who knows what the future’s tax rates will be?), but when it comes to a Roth IRA, which is funded with after-tax dollars, it could actually be a smart move for...
Any business owner knows that good business recordkeeping is critical for the administrative tasks that keep your business running day to day, but the Internal Revenue Service (IRS) also requires you to keep certain financial records for your business for specific...
The Covid-19 pandemic continues to create financial frustrations for small businesses nationwide. With talks of a second economic stimulus at a standstill among government leaders, small-business owners looking for financial assistance need to find additional...
Retirement savings plans like 401(k)s are typically difficult to withdraw before age 59.5, and if you do manage to get at your savings early, the move doesn’t come without steep tax withholdings. Enter the Covid-19 pandemic, however, and, at least temporarily, those...
Thousands of small businesses have been forced to close shop for good as a result of the COVID-19 virus despite emergency loan programs. A key component to survival for small businesses during the pandemic has been the ability to reach clients despite lockdowns and...
In August President Trump issued an Executive Order to create a temporary deferral of payroll taxes beginning September 1, 2020 through December 31, 2020, but details were lacking. The IRS recently released official guidance in the form of Notice 2020-65, but there is...
Keeping an open line of communication is important to us. We invite you to reach out to us either by phone, email, or this form to ask questions, request an appointment or talk about any finance-related matter that comes to your mind.
8 Public Square
Shelbyville, IN, 46176