Perfect Balance at 12 Points

08/07/2026

Did you know we offer small business bookeeping and payroll services year round?
Lets face it, most people hate all the paperwork that goes with owning a business. How many hours can you gain back by letting someone who actualy likes paperwork help manage those tasks? Perfect Balance at 12 pts offers many services like bank reconcilliation, payroll, accounts receiveable or payables and financail reports.

So, if you have a shoebox full of receipts or a QuickBooks file that needs a little help, give us a call at 812-232-1304. Let us handle most of the paperwork so you can get back doing what you do.

07/01/2026

Its my 5th Anniversary!

That's 261 weeks of payroll, 60 months of bank reconciliations and payroll taxes paid, over 20 months of tax returns and over 40 thousand hours of making sure it all gets done.

Beyond thankful to my clients and to Robin for making it all happen. Here's to the next 5!

06/05/2026

Notice for QuickBooks Online (QBO) Payroll Subscribers. Starting July 1st, 2026, Intuit QuickBooks is removing the option to handle and pay your own payroll taxes and reports. They will be taking over those for you or your current accountant/CPA if they are not currently doing so.

What this means: QBO will do a cash withdrawal on all the payroll taxes that are withheld from each paycheck plus your employer taxes each pay period. QBO will hold on to that money in a bank account they own until it needs to be paid. While this may seem like a good thing, be aware that QB will earn interest on your money while they wait to pay your taxes. (days, weeks or months of interest)

What you need to do: First off you you need to make sure that there is/will be enough funds in your bank account to cover this. That amount will basically be the gross pay of your employees plus your employer taxes. You should work with your accountant/bookkeeper/CPA to make sure you can maintain doing this for the remainder of the year. If cash flow can become a problem, you may need to seek an alternative program to run your payroll through.

As always, if you have any questions, let me know.
Have a great weekend!

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06/05/2026

Beginning today 6/5/26 I'm switching to my summer hours. We will be closing at 3 on Fridays.

Also, there may be situations when I will need to leave at 3 on Tuesdays as well to go to a client. Please call before visiting on Tuesdays just in case it is one of those days.

Have a great weekend!

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04/15/2026

Happy April 15th! Last day to file your taxes without an extension.

Not ready to file yet? Stop by for an extension today. We are open 9-5. Remember, an extension gives you extra time to file only. (until October 15th).

Have tax questions after April? We are open year round to help.

Thank you all for a great tax season 😀

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04/02/2026

Countdown to April 15th begins! There is still time to get your taxes done by the deadline. Need more time? Ask for an extension. Just remember that it's an extension of time to file not an extension of payment. So if you think you are going to owe, you might consider a payment to go along with the extension to avoid some of your penalties and interest.

We are open 9-5 Monday through Thursday and 9-4 on Friday. Drop offs only. 812-232-1304

01/26/2026

Do to the weather, the office will be closed Monday January 26th. Please stay safe and warm!

01/22/2026

Almost time for the start of the tax season. E-Filing opens Monday Jan 26th!
812-232-1304

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01/06/2026

Have children under 18? You may look in to the new Trump Account. It's a brokerage account for children. While these accounts cannot be funded until July 4, 2026, you can sign up for them when you file your tax return for 2025 or through the online portal that will be available this summer.

If your child was born in 2025 (or will be born up to year 2028), the federal government will contribute $1000 to each eligible child's account. You can contribute up to $5000 per year. Once child turns 18, you can access the funds without penalty for education, first home purchase or starting a business.

Information is still coming on these accounts in the coming months. Give us a call if you have any other questions.

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01/06/2026

Happy New Year! As we gear up for the 2026 tax season, please note on a few of the more popular new credits available this tax season. These credits are available until tax year 2028. These are non-refundable credits, they only lower your taxable income.

-Senior Credit of $6000 ($12,000 eligible married couples) Must be 65 or older as of 12/31/25. Phase out begins after $75,000 ($150,000 MFJ) This is in addition to the standard and normal senior credit. You do not have to have social security to claim either.

-No tax on Overtime-Up to $12,500 ($25,000 for MFJ) of eligible OT. It is only based on the half portion of time-and-a-half. Employers should provide a statement or report on W2 the eligible portion. Phase out begins at $150,000 ($300,000 for MFJ)

-No tax on Tips- Up to $25,000 of eligible tips. Only for occupations the IRS identified as "customarily and regularly receiving tips" ie wait staff, hairdresser, taxi/uber drivers ect. If W2 earner, this info should be reported on your W2 or on form 4137 for those that are not reported. For self-employed, deduction cannot exceed net income.

As always, if you have any questions or are looking for a new tax preparer, we here year round. Stop by 1205 Lafayette Ave or give us a call 812-232-1304

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