IAG Wordmark Color w Black Ltrs
  • Home
  • About Us
    • Mission & Values
    • Meet Our Team
    • Our Locations
    • IAG Certifications
    • Join Our Team
  • Services
    • Assurance Services
    • Tax Services
      • Tax Library
    • Client Advisory Services
    • Business Valuations and Succession Planning
  • IAG Blog
  • Contact Us
  • Login
Important Year-End Update: New Overtime Reporting

Important Year-End Update: New Overtime Reporting

by Insight Accounting Group | Dec 15, 2025 | Small Businesses, Taxes

As we approach the end of the year, it’s important to prepare for the new overtime reporting rules now applying to all employers. For 2025, employers must report any “qualified overtime” amounts paid to nonexempt employees so they can claim the new...
Important Year-End Update: New Overtime Reporting

Prepare Your 2025 1099 Information

by Insight Accounting Group | Nov 10, 2025 | Small Businesses, Taxes

Year-End Reminder: 1099 Information – Tools InsideAs we approach year-end, it’s time to begin gathering the information needed to prepare your 2025 Forms 1099.We’ve included helpful tools and reminders below to make this process as easy and organized as...
Pay attention to the tax rules if you turn a hobby into a business

Pay attention to the tax rules if you turn a hobby into a business

by Insight Accounting Group | May 8, 2024 | Small Businesses, Taxes

Many people dream of turning a hobby into a regular business. Perhaps you enjoy boating and would like to open a charter fishing business. Or maybe you’d like to turn your sewing or photography skills into an income-producing business. You probably won’t have any tax...
IMPORTANT TIME SENSITIVE NOTIFICATION REGARDING THE 2024 CORPORATE TRANSPARENCY ACT (CTA)

IMPORTANT TIME SENSITIVE NOTIFICATION REGARDING THE 2024 CORPORATE TRANSPARENCY ACT (CTA)

by Insight Accounting Group | Dec 20, 2023 | Small Businesses

A new reporting rule goes into effect on January 1, 2024 requiring the filing of a special form directly online with the Financial Crimes Enforcement Network. Single member LLC’s (even if filing Schedule C), multi-member LLC’s, S Corporations and C Corporations that...
Know the Signs of an Employee Retention Credit Scam

Know the Signs of an Employee Retention Credit Scam

by Insight Accounting Group | Sep 1, 2023 | Small Businesses

Know the Signs of an Employee Retention Credit Scam If it sounds too good to be true, it probably is. The IRS has sounded the alarm repeatedly regarding a scam involving the Employee Retention Credit (ERC). Third parties have been aggressively promoting that...
Tax Court Case Illustrates Why Mileage Logs are Important:

Tax Court Case Illustrates Why Mileage Logs are Important:

by Insight Accounting Group | Feb 15, 2023 | Small Businesses, Taxes

A taxpayer who deducted expenses related to use of his business vehicles recently took a wrong turn in Tax Court. Ultimately, his deductions were denied because he couldn’t provide the documentation need to support his deductions. In general, you can deduct costs...
« Older Entries

Recent Posts

  • Educators may be able to claim 2 deductions for 2026 classroom expenses
  • Sometimes how much is in tax-deferred retirement accounts may be too much
  • Be tax-smart with your mutual fund investments
  • How what you donate impacts your tax deductions
  • Protect yourself from fraudsters impersonating the IRS and other tax scams
  • Don’t miss your opportunity to make a 2025 IRA contribution — whether you can deduct it or not
  • It’s your last chance to claim these clean energy tax breaks
  • Parents: Claim all the tax credits you’re entitled to
  • If you’re married, should you file jointly or separately?
  • How the new Trump Accounts for children will work
  • January Reminder: 2025 1099 Filing — Action Required
  • A new year means new tax figures for individuals
  • Important Year-End Update: New Overtime Reporting
  • How Donor-Advised Funds Can Help You Give — and Save on Taxes
  • What OBBBA Means for Your Charitable Deductions
  • Prepare Your 2025 1099 Information
  • New itemized deduction limitation will affect high-income individuals next year
  • Did You Incur a Casualty Loss
  • Prepare Your 2025 1099 Information
  • Upcoming Office Closures & System Upgrades
  • Changes to QuickBooks Desktop Support
  • Beware of Misleading Business Entity Report Mailings
  • Teachers and others can deduct eligible educator expenses this year — and more next year and beyond
  • Key Business Changes Under OBBA
  • The next estimated tax payment deadline is coming up soon

Archives

  • August 2026
  • July 2026
  • May 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • March 2025
  • February 2025
  • January 2025
  • November 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • December 2022
  • November 2022
IAG Wordmark White

3150 Windsor Court
Elkhart, Indiana 46514
574.262.8886

 

1832 West Lincoln Avenue
Goshen, Indiana 46526
574.534.4040

 

3830 Edison Lakes Parkway
Mishawaka, Indiana 46545
574.288.4801

Copyright © Insight Accounting Group | All Rights Reserved | website built and powered by Write Connections strategy + design

Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}