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Insights from OnTarget CPA

Everyone is on social media these days, including businesses and their customers. This creates a natural — or shall we say virtual — nexus for companies to field questions, comments and complaints from buyers or those interested in their products...

If you’re an art collector, you may wonder about the tax breaks available for donating a work of art to charity. Several different tax rules may come into play in connection with such contributions. Basic rules Your deduction for a...

Summer is around the corner so you may be thinking about hiring young people at your small business. At the same time, you may have children looking to earn extra spending money. You can save family income and payroll taxes...

Woman using calculator in accounting firm.

Starting your career at a small accounting firm in Indianapolis can be both exciting and daunting. As a new graduate, you may be wondering how to stand out and excel in your new role. Here are five tips to help...

Starting a business is exciting but can be daunting if you’re an aspiring entrepreneur in Indiana and are ready to turn your dreams into reality. Don’t let the uncertainty of taking the plunge keep you from achieving success; with this...

If you’ve been following the news lately, you’ve surely heard or read about the sudden rise in concern about the banking industry. Although the story is still unfolding, an important lesson for business owners is already clear: You’ve got to...

When preparing your tax return, we’ll check one of the following statuses: Single, married filing jointly, married filing separately, head of household or qualifying widow(er). Filing a return as a head of household is more favorable than filing as a...

Woman using laptop at an accounting firm.

As an experienced accountant, I was looking for a new opportunity to grow and learn, and OnTarget CPA has exceeded my expectations in every way. The combination of a talented team, commitment to staying on the cutting edge of the...

If you’re starting a business with some partners and wondering what type of entity to form, an S corporation may be the most suitable form of business for your new venture. Here are some of the reasons why. A big...

Are you feeling overwhelmed by managing your finances lately? Growing a business can be challenging, especially when finances are involved. If this is your situation, then consider hiring professional bookkeeping services.Whether for an individual or a business, bookkeepers offer stability...