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





Work Opportunity Tax Credit

25 05 2016

The Work Opportunity Tax Credit (WOTC) is available for wages paid by employers who hire individuals from certain targeted groups of hard-to-employ individuals. The targeted groups are:

  1. Qualified members of the families receiving assistance under the Temporary Assistance for Needy Families (TANF) program,
  2. Qualified veterans,
  3. Qualified ex-felons,
  4. Designated community residents,
  5. Vocational rehabilitation referrals,
  6. Qualified summer youth employees,
  7. Qualified members of families in the Supplemental Nutritional Assistance Program (SNAP),
  8. Qualified Supplemental Security Income recipients,
  9. Long-term family assistance recipients, and
  10. Beginning January 1, 2016, long-term unemployed individuals.

An employer must obtain certification that an individual is a member of a targeted group before the employer may claim the credit. An eligible employer must file IRS Form 8850 along with ETA Form 9061 with their respective state workforce agency within 28 days after the eligible worker begins work.

For each group listed above, there are specific criteria that must be met in order to be certified as a member of that targeted group. The second page of the instructions to Form 8850 include these criteria. https://www.irs.gov/pub/irs-pdf/i8850.pdf

Recently enacted legislation extends the time for employers to submit these forms for various targeted groups who began working during various time periods as follows:

  1. An employer who hired or hires a member of a targeted group other than qualified long-term unemployment recipients (groups 1 through 9 above) and who began or begins work between January 1, 2015 and May 31, 2016 has until June 29, 2016 to file Form 8850 with their state workforce agency.
  2. An employer who hired or hires an individual who is a long-term unemployment recipient (group 10 above) who began or begins work between January 1, 2016 and May 31, 2016 has until June 29, 2016 to file Form 8850 with their state workforce agency.
  3. An employer who hires a member of any of the targeted groups who begins work after June 1, 2016 is not eligible for the transition relief and must file Form 8850 with their state workforce agency within 28 days after the eligible worker begins work.

 

If you have any questions concerning the WOTC, or if you feel that you may have an employee who qualifies for the credit especially during the transition relief period, we encourage you to give us a call.





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





Nick Wallpe Newest Partner at RBSK

29 01 2016

John G. Seale, managing partner at RBSK Partners, is pleased to announce that Nick Wallpe has joined the partner group as a principal owner. Nick joined the firm on a full time basis September 1, 2005.

Nick graduated from Ball State University with a Master of Science degree in Business with a concentration in accounting. Along with his CPA designation he also carries the CGMA (Chartered Global Management Accountant).  He is a member of the American Institute of Certified Public Accountants and the Indiana CPA Society.  Nick exemplifies the leadership characteristics, professionalism and technical skills necessary to be a principal owner and is committed to taking this important professional step in his career.

Nick and his wife Melissa, and their two children, Andrew and Abigail, reside in Greensburg.

RBSK Partners PC provides a wide range of services to individuals and businesses in a variety of industries. At RBSK Partners PC, we strive to meet each client’s specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.

nick

Nick Wallpe, CPA





Meet Ron Knueven

30 01 2015

Ronald J. Knueven, CPRonSMA, CVA is a partner of RBSK Partners PC. Ron specializes in delivering accounting and tax services to individual and closely-held business clients in a variety of industries, including retail, wholesale, professional services, agriculture, manufacturing, telecommunications, real estate, and nonprofit.

In addition to being a CPA, Ron is also a Certified Valuation Analyst, or CVA. As our director of Business Valuation Services, Ron provides essential valuation services to his business clients for gift and estate tax purposes, marital dissolutions, buy/sell agreements, and for the purchase or sale of a business. He has testified as an expert witness on business valuation matters.

Ron also serves as the manager of RBSK Partners’ Accounting and Auditing Department, ensuring proper accounting and auditing standards are followed and that financial reports produced for our clients are of the highest quality. He invests in ongoing education to stay current on and educate our staff and clients about all accounting, auditing, and business valuation developments.

Actively involved in his community and his profession, Ron is a member of the American Institute of CPAs, The Indiana CPA Society, and the National Association of CVAs. He has served as a member, officer, director, and committee chairperson of various community groups, including the Ripley County Community Foundation, Margaret Mary Community Hospital, and the Chamber of Commerce.

Ron has also presented on a variety of accounting and auditing related topics for clients and staff training sessions. He has also authored several business valuation articles that have been published in local newsletters.

Ron brings his significant experience and commitment to excellence to RBSK to make a difference for our clients. To contact Ron, email him at rknueven@rbskpartners.com or call him at 812-663-7567 extension 208.





Meet John Seale

31 12 2014

JohnSMJohn G. Seale, CPA.CITP is the managing partner of RBSK Partners with overall responsibility for achieving the firm’s goals and growth plans. He is ultimately responsible for employee and client satisfaction for the firm. He has specific oversight of audit and accounting and the firm’s technology practice. He is experienced in fraud investigations and is a qualified peer review team captain.

Before beginning his career at RBSK thirty years ago, John graduated from Brookville High School as the highest ranking male in his class. While in high school, he won the Indiana state mathematical award and was president of the National Honor Society. After high school, he received a congressional appointment to West Point and an alternate appointment to the Air Force Academy. Choosing not to go the military route, he attended Eastern Kentucky University and attained a BBA in Accounting. From there he was employed by the Indiana State Board of Accounts, where an audit in Greensburg sparked his interest in public accounting.

Through his position as a CPA, John has been able to serve on the Peer Review Committee and Report Acceptance Board of the Indiana CPA Society, and he is a former member of the AICPA Information Technology Committee. Additionally, he is a director of MainSource Financial Group (MSFG).

John and his wife Julie reside in Brookville with their son Austin, a senior at Franklin County High School. Austin plays on the golf team and is an avid hunter. Austin has been able to hunt deer, bear, alligator, Corsican Ram, coyote, sting rays, and other small game. John enjoys accompanying Austin on his hunting trips; he also enjoys boating and travel.

John brings experience, commitment, and excellence to RBSK to gain the trust and confidence of our clients. John can be reached via email jseale@rbskpartners.com or by phone at 663-7567, extension 221.





Meet Bob Blankman

16 12 2014

BobSMRobert J. Blankman, CPA is a partner of RBSK Partners. Bob specializes in delivering accounting and tax services to individual and closely-held business clients in a variety of industries, including retail, professional services, agriculture, transportation, warehousing, and real estate.

As our director of tax services, Bob ensures proper tax return preparation procedures are followed and that RBSK utilizes the best in tax technologies to serve our clients. He invests in ongoing education to stay current on and educate our staff and clients about all tax developments and tax law changes.

In addition to being a Certified Public Accountant, Bob has experience as a Valuation Analyst. Bob provides essential valuation services to his business clients for gift and estate tax purposes, buy/sell agreements, or as they contemplate the purchase or sale of a business.

Actively involved in his community and profession, Bob is a member of the American Institute of CPAs and The Indiana CPA Society. He has served as a member, officer, director, and committee chairperson of various community groups, including within his church, the Optimist Club, the Chamber of Commerce, the Decatur County Community Foundation, Knights of St. John, the United Fund, and Big Brothers & Big Sisters.

Bob is also an accomplished speaker, having presented on a variety of tax-related topics for groups including chambers of commerce, service clubs, and churches, as well as for public seminars and training sessions. He has also authored several tax-related articles that have been published in local newsletters and newspapers.

Bob brings significant experience and commitment to excellence to RBSK to make a difference for our clients. To contact Bob, you can email him at blankman@rbskpartners.com or call him at 663-7567, extension 212.