Foncannon CPA Group

Foncannon CPA Group We are a full-service CPA firm based in Evansville, Indiana, dedicated to helping small businesses and individuals take control of their financial future.

We specialize in tax preparation and strategy, business advisory and strategic financial planning. Get clear, accurate, and reliable financial data without the headache. We'll run the numbers so that you can run your business. No more guessing, no more crossing your fingers or denying reality. Know the facts, and you'll be able to make wise decisions.

If you provide lunch for your team on long days, the treatment of that expense changed this year.Through 2025, meals pro...
08/28/2026

If you provide lunch for your team on long days, the treatment of that expense changed this year.

Through 2025, meals provided for the employer's convenience were 50 percent deductible. As of January 1, they are not deductible at all. The same applies to a stocked break room or a company kitchen.

A good deal still holds up. Client meals and travel meals remain 50 percent deductible, and company-wide employee events like a holiday party remain fully deductible.

The practical issue is the bookkeeping. Most books carry a single account called Meals, and one account cannot hold three different rates.

Full breakdown on the blog. Link in the comments.

Today is the last day to nominate us for the 2026 Community's Choice Awards!Nominate us today (link in comments).Thank y...
07/22/2026

Today is the last day to nominate us for the 2026 Community's Choice Awards!

Nominate us today (link in comments).

Thank you for supporting us!

07/20/2026

Just a few days left to nominate us for the 2026 Community's Choice Awards!

We'd be grateful for your help. It takes about a minute, and every nomination helps us reach the voting round.

Nominate us today (link in comments).

Thank you for supporting a locally owned Evansville firm. It means the world to our team.

Nominations for the 2026 Community's Choice Awards are happening now!We'd be grateful for your help. It takes about a mi...
07/16/2026

Nominations for the 2026 Community's Choice Awards are happening now!

We'd be grateful for your help. It takes about a minute, and every nomination helps us reach the voting round.

Nominate us today (link in comments).

Thank you for supporting a locally owned Evansville firm. It means the world to our team.

Quick heads up for anyone who drives for their business. The IRS raised the standard mileage rate in the middle of 2026,...
07/15/2026

Quick heads up for anyone who drives for their business. The IRS raised the standard mileage rate in the middle of 2026, which almost never happens.

Miles you drove January through June count at 72.5 cents each. Miles from July through December count at 76 cents.

The catch: your mileage log has to show the dates, or you cannot back up the higher rate for the second half of the year. A pile of gas receipts will not cut it.

If your tracking has been hit or miss, this is a good week to fix it.
For more information, check out our new article in the comments.

If you have a minute, we'd appreciate a nomination in the 2026 Community's Choice Awards. Every one helps us reach the v...
07/09/2026

If you have a minute, we'd appreciate a nomination in the 2026 Community's Choice Awards. Every one helps us reach the voting round, and it takes almost no time. Link in the comments.

Donated a truck, some equipment, or appreciated assets last year? If the value was over $5,000, a missing piece of paper...
07/08/2026

Donated a truck, some equipment, or appreciated assets last year? If the value was over $5,000, a missing piece of paperwork can wipe out the whole deduction.

The IRS built a strict substantiation system for large non-cash gifts, and one part trips up a lot of generous owners.
The appraisal has to be current. Done no earlier than 60 days before the gift and no later than your return due date. An old insurance appraisal will not count.

The fix is simple. Plan the gift before you make it, not next April when the window may already be closed. For more information, check out our latest article (link in comments).

Address

1137 West Mill Road
Evansville, IN
47710

Opening Hours

Monday 8:30am - 4:30pm
Tuesday 8:30am - 4:30pm
Wednesday 8:30am - 4:30pm
Thursday 8:30am - 4:30pm
Friday 8:30am - 4:30am

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