Kimmel Consulting LLC

Kimmel Consulting LLC Welcome to Kimmel Consulting LLC. We are a full-service CPA firm providing accounting, tax and consulting services to our clients.

The accounting firm Kimmel Consulting LLC was established to provide efficient, expert solutions to businesses and individuals. Our primary services include accounting, taxation, and business consulting. We also offer a host of specialty services to cater to the unique needs of our clients. We cater to a wide variety of clients which ranges from individuals, corporations, partnerships, estate and

trusts, and non-profit organizations. We offer personalized, state-of-the-art payroll services. In addition to our specialty areas, we also provide tax and accounting services, including tax planning and tax return preparation and bookkeeping. Our unique mix of people, exceptional service and size makes Kimmel Consulting LLC different from other accounting firms. At Kimmel Consulting LLC, each associate is committed to customer service. This does not just mean returning calls promptly and providing accurate and timely information. Our definition of client service goes one step further. We believe in building a strong relationship that fosters opportunities for clients to realize their goals and dreams. It means understanding clients' as people and letting them know we understand that their businesses and investments are vehicles to achieving their success. At Kimmel Consulting LLC, we are always available to provide advice, services and resources to help you overcome obstacles as they arise. We aim to be your partner for success.

An “Amended Return” is a revised tax return, filed on Form 1040-X, to correct an error on a return filed during the prev...
09/11/2022

An “Amended Return” is a revised tax return, filed on Form 1040-X, to correct an error on a return filed during the previous three years. An amended return can result in owing extra tax or getting a refund, depending on the mistake you correct.

Under IRS Section 1035, a policyowner can exchange one life insurance policy with another and transfer the accumulate ca...
08/30/2022

Under IRS Section 1035, a policyowner can exchange one life insurance policy with another and transfer the accumulate cash value from the old policy to the new one without incurring any taxes on the cash accumulation. The transfer must occur between two like policies and must be transferred directly from the old insurance company to the new one.

Buy-Sell agreement: An agreement between the owners of a business, which provides that the interest of any one of them w...
08/29/2022

Buy-Sell agreement: An agreement between the owners of a business, which provides that the interest of any one of them who dies shall be sold to and will be purchased by the surviving co-owners or by the business at a value agreed upon by the parties and stipulated in the agreement. Also applies to buyout arrangements between owners and key employees.

Virtue is bold, and goodness never fearful. William Shakespeare
08/26/2022

Virtue is bold, and goodness never fearful. William Shakespeare

Business Tax Tips: Develop tight controls over billing and collections. To speed up cash flow, reduce the time between s...
08/25/2022

Business Tax Tips: Develop tight controls over billing and collections. To speed up cash flow, reduce the time between shipping your product and sending an invoice. Consider semimonthly instead of monthly billing, and send second notices more quickly.

Always retain your tax records and supporting documents for as long as you need them to substantiate claims on a return....
08/24/2022

Always retain your tax records and supporting documents for as long as you need them to substantiate claims on a return. The IRS normally has a window of three years from the filing date to audit a return, but this can be extended if the agency believes there’s any fraudulent activity.

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their sh...
08/23/2022

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes.

Closely monitor tax withholdings. As an employee, your employer withholds taxes based on what you claim on Form W-4. Unf...
08/22/2022

Closely monitor tax withholdings. As an employee, your employer withholds taxes based on what you claim on Form W-4. Unfortunately, the tax tables used by this form to calculate your withholdings do not account for seasonal jobs. This typically results in paycheck withholdings being too low for supplemental income workers and too high for students working during the summer.

If opportunity doesn't knock, build a door. Milton Berle
08/19/2022

If opportunity doesn't knock, build a door. Milton Berle

Depreciation is an accounting technique in which the cost of an asset is allocated over its useful life.
08/18/2022

Depreciation is an accounting technique in which the cost of an asset is allocated over its useful life.

The term “Bad Debt” means debt which is unlikely to be paid. Bad debts may usually be treated as losses and written off ...
08/17/2022

The term “Bad Debt” means debt which is unlikely to be paid. Bad debts may usually be treated as losses and written off against a reserve for such debts.

Liquidity is the available money on hand to pay bills when they are due and to take care of unexpected needs for CASH.
08/16/2022

Liquidity is the available money on hand to pay bills when they are due and to take care of unexpected needs for CASH.

Address

136 S 9th Street, Ste 320
Noblesville, IN
46060

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Website

Alerts

Be the first to know and let us send you an email when Kimmel Consulting LLC posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Kimmel Consulting LLC:

Shortcuts

Share

Category