April 28, 2022
PROTECT YOUR IDENTITY DURING TAX SEASON

By Liz Belcher, CPA
Senior Manager, Tax Services

If you're on an extension to file your taxes or you forgot about this before you filed, let us remind you: Request an Identity Protection Pin (IP PIN)!

Known only to you and the IRS, this six-digit number is vital in preventing an identity thief from filing a tax return using your Social Security number or Individual Taxpayer Identification Number. The IP PIN helps the IRS verify your identity and accept your electronic or paper tax return. Generated each year, an IP PIN is valid for one calendar year, and it can be used only on Forms 1040, 1040-PR and 1040-SS. It is also unique to each taxpayer and only for their individual use, meaning spouses or dependents would need to request their own separate number.
BE DELIBERATE FOR A BRIGHT FINANCIAL FUTURE

By Brandon Cangany, CPA
Manager, Tax Services

You may have just completed your 2021 federal and Indiana tax returns, but now is the time to stay in your financial planning zone to make 2022 and beyond a "planned for" success. Keep all your tax forms and financial documents on hand to start preparing for a brighter financial future.

The best way to start is to prepare a personal financial statement. In layman's terms, this is a list of all the assets you own as well as your liabilities (the things for which you owe a debt). Assets include your home and any other real estate as well as cash, investments, HSA accounts, retirement accounts and automobiles, etc. The next step is to measure your net worth, which is simply the mathematical difference between your assets (YOU own) and liabilities (debts you owe).

SUCCESSFULLY MANAGING AS NORMALCY BEGINS TO APPEAR

By Lisa Blankman
Manager, Audit & Assurance Services

Now, in the third year of the pandemic and with restrictions diminishing, it's important for business leaders to not let their guard down. As we slip into some sense of normalcy, it can be easy to get lost in the daily grind and lose sight of potential dangers ahead and the lessons learned from the prior years of challenges.
EMPLOYEE SPOTLIGHT: KENDRA KOERTING

Kendra Koerting took on the receptionist role at Sponsel in the spring of 2015. She is the first person that clients and team members face when they walk through our doors.

In addition to greeting people and setting a friendly, professional mood, Kendra assists the administrative team with anything that helps the firm continue to thrive.
A Big Thank You

We have a lot of people to thank for their patience and assistance during this busy season. We're grateful to our clients, our staff and our team members' families for their understanding and support as well as the time they have sacrificed to deliver great client service, meet the commitments made and help fellow team members when assistance was required. We are ONE TEAM and WE THANK YOU!