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.
Changes to charitable donation deductions are on the horizon
Beginning in 2026, individuals who itemize deductions and donate to charity will face a new limit on their charitable deductions. And in some cases, they’ll face two new limits. But there’s some good news for non-itemizing individuals who make charitable donations. New charitable deduction floor Under the One Big Beautiful Bill Act (OBBBA), starting in […]
Why Overlooking Tax Deadlines in Indianapolis Could Cost You Big Time
Navigating tax season in Indianapolis can be challenging, but missing critical deadlines can lead to significant financial penalties. On-Target CPA, strategically located in the heart of the city, offers professional guidance to help residents and businesses avoid these pitfalls. With a established history and adherence to the highest standards, they transform tax preparation into a strategic advantage. Discover the benefits of professional tax planning and ensure your financial future is secure. Schedule a consultation with On-Target CPA today to maximize your tax strategy.
There’s still time to save 2025 taxes
Just because it’s December doesn’t mean it’s too late to reduce your 2025 tax liability. Consider implementing one or more of these year-end tax-saving ideas by December 31. Defer income and accelerate deductions Pushing income into the new year will reduce this year’s taxable income. If you’re expecting a bonus at work, for example, ask if […]
What you need to know about deducting business gifts
Thoughtful business gifts are a great way to show appreciation to customers and employees. They can also deliver tax benefits when handled correctly. Unfortunately, the IRS limits most business gift deductions to $25 per person per year, a cap that hasn’t changed since 1962. Still, with careful planning and good recordkeeping, you may be able […]
