The Best Time to Optimize Your Tax Strategy in Indianapolis Is Right Now – Here’s Why

Don’t let tax planning become a last-minute panic. For Indianapolis residents, optimizing your tax strategy now can save significant time, money, and stress. With evolving tax laws and unique local regulations, understanding your tax obligations is crucial. Professional guidance can uncover overlooked deductions and credits, as seen in recent case studies. Take control today by scheduling a consultation with On-Target CPA, and ensure a stress-free financial future in 2024.

Tax filing FAQs for individuals

  The IRS is opening the filing season for 2025 individual income tax returns on January 26. This is about the same time as when the agency began accepting and processing 2024 tax year returns last year, despite IRS staffing having been significantly reduced since then. Here are answers to some FAQs about filing. When […]

Important 2026 tax figures for businesses

A new year brings many new tax-related figures for businesses. Here’s an overview of key figures for 2026. Be aware that exceptions or additional rules or limits may apply. Depreciation-related tax breaks Bonus depreciation: 100% Section 179 expensing limit: $2.56 million Section 179 phaseout threshold: $4.09 million Qualified retirement plan limits 401(k), 403(b) and 457 […]

The Best Time to Review Your Financial Goals in Indianapolis Is Right Now – Here’s Why

In Indianapolis, the time to reevaluate your financial goals is now. With an evolving economic landscape and rising household debt, proactive financial management is crucial. On-Target CPA offers local insights and professional guidance tailored to help navigate Indianapolis’s reliable economy. Avoid common pitfalls by consulting with trusted advisors, leveraging local tax incentives, and staying informed of economic trends. Take charge of your financial future today with personalized consultations and strategic planning.

Consider these issues before providing (or reimbursing) mobile phones

For many employees, mobile phones are no longer a perk — they’re an essential business tool. However, issuing company phones or reimbursing employees for use of their personal devices can create hidden security risks, unexpected tax consequences and productivity concerns for business owners. Here are some key issues to consider before rolling out or revising […]

Why Doing Your Own Taxes Might Actually Make Things Worse

Navigating tax season can be daunting, especially for Indianapolis residents facing complex local tax codes. DIY tax filing may seem cost-effective, but hidden errors can lead to costly audits and penalties. On-Target CPA offers professional guidance that not only ensures compliance but also uncovers potential savings. With over 15 years of experience, their team stays updated on the latest tax laws, providing peace of mind and financial security. Schedule a consultation today to optimize your tax strategy and protect your financial well-being.

A new year means new tax figures for individuals

  Many tax figures are annually adjusted for inflation and typically increase each year (or at least every few years). For 2026, some additional changes are going into effect under the One Big Beautiful Bill Act, signed into law July 4, 2025. Here’s an overview of some important limits and other tax figures for 2026. […]

What Indianapolis Residents Won’t Tell You About Local Tax Strategies

Explore the hidden tax strategies of Indianapolis with On-Target CPA. Discover how local tax laws can be leveraged for financial success. Learn about common misconceptions, seasonal timing strategies, and the benefits of comparing Indianapolis to nearby cities. Read a compelling case study of a local business owner who saved significantly by employing strategic tax planning. Take proactive steps today to optimize your finances, with professional guidance and tailored advice to ensure a prosperous future.

Why Most Tax Preparation Myths in Indianapolis Might Actually Cost You More

Navigating tax season in Indianapolis is challenging due to persistent myths that can lead to costly errors. On-Target CPA dispels these myths, revealing that extensions don’t delay payments, itemizing isn’t always beneficial, and software often falls short. Real-life stories highlight the value of professional CPA advice, which can save you money and stress. Act now by scheduling a consultation with On-Target CPA to safeguard your financial health.

Why Most Tax Preparation Approaches in Indianapolis Miss the Mark

Discover why conventional tax preparation methods often fall short in Indianapolis. Leverage local insights for maximizing tax savings with On-Target CPA. Our team provides tailored strategies to navigate complex local regulations, ensuring compliance and financial optimization. Schedule your consultation today to secure your financial future with professional local guidance.