The Social Security program has been successful in reducing poverty and promoting economic security for millions of Americans – those who are retired and disabled as well as surviving spouses and children of deceased beneficiaries. However, the program’s long-term...
In response to high inflation rates, the IRS made some of the biggest adjustments in history for tax year 2023. These changes affect individual tax brackets as well as some key tax deductions and credits for the taxes you will file in 2024. We go over the most...
Interest rates impact nearly every corner of the economy, from the housing market to consumer spending. When interest rates rise, the effects are widespread, impacting personal finances as well. Below we’ll explore how rising interest rates might affect your personal...
Although the function of a traditional IRA is to save money for your retirement years, you may need to access those funds earlier than planned. If you withdraw from an IRA before age 59 ½, you could face an early-withdrawal penalty. However, there are some exceptions that will exempt you from the penalty.
Taxpayers usually receive a federal refund when they’ve overpaid yearly taxes or withheld more than the amount owed. In a recent announcement, the IRS warned taxpayers that they could see a smaller refund in 2023 than they did this year. Here’s why. Lack of Stimulus...
We all hope to live a long life in retirement, and we’d be remiss to think that we won’t experience any financial hardship. From divorce to economic recession to losing a family business and anything in between, life guarantees ups and downs. It only makes sense to...
Those who’ve waited until later in their career to start planning for retirement may have an uphill road ahead, but certain tactics can help build financial reserves while you’re still in the workforce. Below we discuss catch-up strategies for building a nest egg when...
Your Business. Your Family. Our Priority.
A company owners’ potential for personal financial security usually depends on the success of the business. Our commitment and responsibility is to help keep your business running smoothly and to help 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 CPA Connect, a companion association to CPAmerica International
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.
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.
Tax policy is poised to take center stage in the coming year as the expiration of the 2017 Tax Cuts and Jobs Act (TCJA) approaches in 2025. Enacted as the most comprehensive tax reform in 30 years, the TCJA introduced sweeping changes impacting both individual and...
As the year comes to a close, retirees have an opportunity to combine their philanthropic goals with smart tax planning. A Qualified Charitable Distribution (QCD) can help retirees reduce their taxable income, meet required minimum distributions (RMDs), and make a...
Due to the SECURE Act 2.0, several updates to Individual Retirement Accounts (IRAs) and 401(k) plans are scheduled for 2025. These changes will be rolling out over the next few years. Understanding these modifications can help you save money, avoid penalties, and plan...
The nation is now gearing up for another Trump term, and his policies will likely have a significant impact on small businesses. Critical areas like tax cuts and deregulation, which were central to his first term, are expected to take the spotlight once again. Here’s...
As a small business owner, the thought of selling your business may be on the horizon, whether in the near future or several years down the line. To attract potential buyers and secure a favorable deal, you need to position your business for maximum appeal. Here are...
When retirees prepare for the future, it’s essential to understand how Required Minimum Distributions (RMDs) can affect retirement savings and taxes. RMDs are mandatory withdrawals from specific tax-deferred retirement accounts, and they play a key role in retirement...
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.
317-398-9753
8 Public Square
Shelbyville, IN, 46176
Your Business. Your Family. Our Priority.
A company owners’ potential for personal financial security usually depends on the success of the business. Our commitment and responsibility is to help keep your business running smoothly and to help 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 CPA Connect, a companion association to CPAmerica International
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.
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.
Tax policy is poised to take center stage in the coming year as the expiration of the 2017 Tax Cuts and Jobs Act (TCJA) approaches in 2025. Enacted as the most comprehensive tax reform in 30 years, the TCJA introduced sweeping changes impacting both individual and...
As the year comes to a close, retirees have an opportunity to combine their philanthropic goals with smart tax planning. A Qualified Charitable Distribution (QCD) can help retirees reduce their taxable income, meet required minimum distributions (RMDs), and make a...
Due to the SECURE Act 2.0, several updates to Individual Retirement Accounts (IRAs) and 401(k) plans are scheduled for 2025. These changes will be rolling out over the next few years. Understanding these modifications can help you save money, avoid penalties, and plan...
The nation is now gearing up for another Trump term, and his policies will likely have a significant impact on small businesses. Critical areas like tax cuts and deregulation, which were central to his first term, are expected to take the spotlight once again. Here’s...
As a small business owner, the thought of selling your business may be on the horizon, whether in the near future or several years down the line. To attract potential buyers and secure a favorable deal, you need to position your business for maximum appeal. Here are...
When retirees prepare for the future, it’s essential to understand how Required Minimum Distributions (RMDs) can affect retirement savings and taxes. RMDs are mandatory withdrawals from specific tax-deferred retirement accounts, and they play a key role in retirement...
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.
317-398-9753
8 Public Square
Shelbyville, IN, 46176
