Save or Shred? Follow These Recordkeeping Guidelines.

Are you a recordkeeping pack rat? Many individuals and businesses hold onto paper and digital records indefinitely — just in case. But securely storing years of financial records can become burdensome. Here’s some guidance to help minimize recordkeeping overload. Personal Tax Records Most tax advisors recommend that you hold onto copies of your finished tax […]

Is Payroll Fraud Occurring at Your Company?

Payroll is often a company’s most significant expense. Unfortunately, theft within the payroll system can result if internal controls are not in place and steps are not taken to detect fraudulent activity in the company’s records. But there’s good news: Payroll fraud in all forms is largely preventable. Typically, payroll schemes involve fraudulent payments being […]

Cash Flow Q&A for Start-ups

One of the most difficult balances to maintain in any business, but particularly small business, is the constant tug of war that happens between cash in and cash out. The nuances of how to keep enough cash on hand to pay expenses and cover the ebb and flow of sales seems more art than science. […]

TMA Sponsors Local SHARK TANK Competition for Students

TMA Accounting was honored to be a premier sponsor for the recent 2017 Shark Tank competition event in Carmel, Indiana, held by the Ivy Venture Club of Ivy Tech Community College of Central Indiana. Congratulations to Stephen Witten, winner of the 2017 Shark Tank competition. Honorable mentions go out to fellow contenders, Jennifer Miller and […]

TMA Accounting Receives Prestigious Award

We don’t do what we do for awards, but we are honored and thrilled to announce that our firm has received an award recognizing our contribution to helping small businesses and their accountants all over the country. The Professional Association of Small Business Accountants (PASBA)* presented its Lifetime Achievement Award to Tyler Thompson, CPA (the […]

Progress and Delays for Small Business Health Exchanges

According to the U.S. government, small business employees today pay an average of 18% more in premiums than those in large firms with the same benefits and their deductibles are more than double. The underlying cause for this payment discrepancy lies in simple math. Small businesses do not have the numbers to support and spread […]

Shameless plug: Firm receives a national award!

Typically, I won’t promote my businesses on this blog…today I’m so proud, I can’t help myself. My accounting firm has been recognized as the “2011 Accounting Firm of the Year” by our peers in PASBA (Professional Association of Small Business Accountants). The award was presented at the PASBA National Conference at the M Resort in […]