The 2019 Tax Season wrapped up on April 15th and this year we were met with the new changes from the Tax Cuts and Jobs Act of 2017. Numerous changes were made and some of you may have noticed the extra pages in your return...
Please join us in extending best wishes to Sherry Ridgeway, who is retiring from Kline’s CPA Group on January 16th. Sherry has been a member of our team for 13 years. Sherry's attention to detail, while keeping the broader picture in mind, has been invaluable....
By Trent Wolfe
Have you ever thought about creating a scholarship for low to middle income students to attend non-public schools? Now might be the best time to start a scholarship for a local private school. Indiana has a tax credit available to individuals and corporations...
By Kathy Blomeke
Estate planning is an ongoing process. If you are young, your plan might consist of simply a Will. If you are a young couple, and you have children, it is important to name a guardian and arrange to provide for your children and...
We are pleased to announce two of our clients were named 2016 Master Farmers by Indiana Prairie Farmer. John & Nan Nidlinger and Tom & Karen McKinney were recently recognized at a ceremony held at Fair Oaks Farms. If you subscribe to Indiana Prairie Farmer,...
By Trent Wolfe
Do you give to charities with cash, but often want to give more? Did you know you can gift publicly-traded securities directly to a charity and receive a tax donation for the fair market value? What’s best is the built-in appreciation of the...
By Trent Wolfe
Have you been considering leasing equipment as a result of the smaller margins in corn and soybeans? Your bank or dealership may even have contacted you about lease transactions for new equipment recently as grain prices continue to stay at lower levels...
By Brandy Swope
Most of us automatically think of giving cash when we are asked or led to support a cause. We want to challenge this traditional way of thinking and explain why giving grain may be a better option. Let’s start by reviewing who...
By Stacy Wiley, EA
Looking for an easy way to find tax savings for you and your employees? How about a Cafeteria Plan? A cafeteria plan is a separate written plan, maintained by an employer for employees, which meets the specific requirements and regulations of Section...
By Kathy Blomeke
On May 8, 2013, the repeal of Indiana’s inheritance tax was signed into law by Governor Mike Pence. It is backdated to take effect on January 1, 2013. Prior to the repeal, the inheritance tax was being phased out over a ten year...