Free HRA Event – June 28th

22 06 2017

deadline

A Health Reimbursement Arrangement (HRA) commonly referred to as a health reimbursement account, is an IRS-approved, employer-funded, tax-advantaged employer health benefit plan that reimburses employees for out-of-pocket medical expenses and individual health insurance premiums.

Group plans don’t always fit small businesses. We have a better solution.

find out more

Join us, and our partners, TASC, on June 28th for an HRA Event. Learn more about how these plans could save you money on your taxes.

 

Register today!

 

Event to Take Place:

Wed, June 28, 2017

3:00 p.m. – 4:00 p.m. EDT

 

RBSK Partners PC

224 N Broadway Street

Greensburg, IN 47240

 





Save an average of more than $5,000 a year on your taxes!

16 06 2017

The key to these savings is the ability to declare medical expenses as a business expense rather than a personal deduction.

These plans enable qualified small business owners to deduct 100 percent of federal, state, and self-employment taxes for family medical expenses. If you are a farmer, realtor, trucker, or other small business owner, these plans may be able to help you and your family save thousands of dollars each year. Learn more about AgriPlan and BizPlan here.

Join us and TASC for the BizPlan and AgriPlan HRA Event to learn more about how this plan can save you money on your taxes.

BizPlan and AgriPlan HRA Event Details

Wed, June 28, 2017
3:00 p.m. – 4:00 p.m. EDT

RBSK Partners PC
224 N Broadway Street
Greensburg, IN 47240

Directions + Map

Register Today!





So The Bank Wants a Financial Statement! Now what?

25 08 2016

Do you know the difference between an audit, a review or a compilation? Most business owners rely on CPAs to assist with determining what type of financial statement they need. Your banker or bonding company will often request a specific type of financial statement. If you would like an easy to read guide that describes the basics of financial statement preparation, RBSK Partners has a FREE Guide to Financial Statement Services: Compilation, Review and Audit. To get your FREE copy, simply go to the Assurance page of our web site. There are no forms to complete, just a link to the guide. Here is a shortcut to that page:  http://www.rbskpartners.com/assurance

Guide to Financial Statement Services





Tressler Receives Health Care Reform Certification

30 06 2016

RBSK Partners is pleased to announce that Lisa Tressler, CPA, a partner at RBSK, recently received a Health Care Reform Certification, by successfully completing nearly 30 hours of continuing professional education focused solely on the Affordable Care Act.

The program provides in-depth knowledge and helps practitioners develop expertise related to the legislative and tax implications of health care reform. This program arms practitioners with the knowledge and tools they need to ensure client compliance with health care reform legislation.

The passage of ACA has created new mandates for individuals and businesses. Tax practitioners face an obligation to provide their clients with information and advice on complying with the new mandates.

Applicable large employers are now required to offer affordable health coverage that provides minimum value to their full-time employees and their dependents. They need to know how to calculate which employees are included in their employee count, the options for the state exchanges, and the penalties that are assessed if they do not comply.  All of this information, including how to fill out the related tax forms, is fully covered by the Checkpoint Learning Health Care Reform Certificate Program.

“2015 was a key year for health care reform, with regulations taking effect for the first time and requiring strict attention from both businesses and individuals,” said Ken Koskay, CPA, CFP, and senior vice president of learning solutions with the Tax & Accounting business of Thomson Reuters. “Participants in this certificate program are better suited to serve clients that need assistance with the Affordable Care Act.”

This certification provides practitioners with the expertise necessary to provide guidance to their clients on the Affordable Care Act, including employer and individual mandates, the net investment income tax, reporting requirements, understanding compliance, completion of forms and calculations, and health insurance marketplaces. It prepares professionals to consult with clients on health care reform issues – both tax and non-tax.

If you need assistance with any of the complexities introduced by the ACA, please call Lisa at 812-222-1510, or toll free at 800-676-7567.

LisaSM





50 Years & 50 Gifts

5 02 2016

50 – It’s not a huge number. It’s not small either. I mean, who wouldn’t like $50 extra in their pocket? I know I would. 50 years in business is quite a milestone! That’s exactly what RBSK is celebrating – 50 years in business! What began as a sole proprietorship in 1965 has now grown to become one of the largest local accounting and consulting firms in Indiana.  To help celebrate that 50 years, the staff and partners of RBSK decided to have some fun with the number and give 50 gifts to represent those 50 years. Who better to receive those 50 gifts but the communities that we serve?

What fun we had buying those gifts – toys, coats, and even socks. If you weren’t involved in the buying process, then you had fun examining and, I’ll admit, playing with some of those toys.

Mary Harmeyer and I were very blessed to play Santa’s helpers and deliver toys. We delivered to Safe Passage in Batesville and to the Jennings County Coordinating Council.  We had a wonderful time meeting two women that are very enthusiastic about the services they provide at each of these organizations. They were very excited about the toys that we were able to donate.

Next up, John Seale was happy to deliver our winter coat donations to the Brookville United Way where they distribute these coats to those in need to help them stay warm. I’m sure they were greatly appreciated, especially these past few very cold days.

50 Gifts 3

Vince Rettig and Ron Knueven loaded up their sleigh to deliver toys to the Greensburg/Decatur County Cheer Fund. I think Vince had a hard time parting with those pink Barbie cars. But I know that the little girls that received them are sure enjoying them!

Rounding out our 50 gifts for 50 years was our 50 packages of socks donated to the Greensburg Community Bread of Life. Yes, I said 50 packages of socks. Not just plain white socks either. We had blue socks, black socks, socks with stripes and even socks with trains on them.

50 – It’s not a huge number. It’s not small either. But 50 years of getting to serve our communities has been a joy for sure.  We look forward to 50 more!

sm_christa

Submitted by Christa Dickson





Big changes to FAFSA

4 12 2015

Have a child going to college?  Big changes to the FAFSA were announced from the White House in September.  The changes become effective in October of 2016 and will have a big impact for families with graduates in the year 2017 and beyond.

The new method is referred to as “prior-prior-year” because student’s college financial aid eligibility will now be based off of a family’s income from two years prior to when a student enters college.  Students entering college in the 2017-2018 school year will be able to use income tax information from their parent’s 2015 tax return.  Also with the prior-prior-year method you will be able to file a FAFSA form as early as October (2016).

Currently a student’s financial aid eligibility is based off of the income tax return for the previous year, so the eligibility for school year 2015 – 2016 is based off the 2014 income tax return.  Aid can change throughout the college years with a family’s finances, but the first year of aid could be crucial in playing a part in where a student will choose to attend college.  With current deadlines for filing the FAFSA ranging from January – March, nearly 4 million students file the FAFSA before they have access to the latest tax return.

With these welcomed changes, it will help students determine the true cost of attending college much earlier in the process.  It means students will be able to apply for aid earlier and more easily, and make better informed decisions about where to apply and how to pay for college.

sm_christa

Submitted by Christa Dickson





Holiday Schedule

25 11 2015

The Holiday Season is quickly approaching.  RBSK Partners’ offices will be closed as follows:

Thanksgiving – Thursday, November 26th; Friday, November 27th.

Christmas – Thursday, December 24th; Friday, December 25th.

New Year – Noon on Thursday, December 31st; Friday, January 1st

RBSK Partners would like to wish everyone a Merry Christmas and Happy New Year!

holiday