June 23, 2021
YOU NEED A VACATION

By Lisa Purichia
Partner, Director of Accounting Services & Retirement Plan Services

Remember that scene in Terminator 2 when star Arnold Schwarzenegger rises from the rubble of a robot battle and sleepily says, "I need a vacation?" Many of you probably feel the same way now, in the wake of the incredibly stressful past 18 months. Over this time, we've been through a pandemic, quarantine, business setbacks and reinventions, nationwide protests, the presidential election, etc. And now we're gradually returning to a sense of normalcy.

As HR specialists have told us again and again, one of the critical ways of relieving stress and easing back into professional life after a difficult period is to take a vacation.

YOUR PERSONAL NETWORK ... LEADS TO PERSONAL SUCCESS

By Eric Woodruff, CPA, CCIFP
Partner, Audit & Assurance Services

One of the first steps young professionals should take on their path toward success is becoming aware of the importance of building a personal network. They will learn to think of this network as the safety net that lies below them as they climb the corporate ladder. These networked colleagues can catch them when they fall and hoist them back up, as well as provide a bridge to get to the next level!

However, building a personal network should not be a one-sided effort. In other words, you shouldn't foster relationships merely for your own personal gain, but recognize and respect the importance of reciprocity.

YOUR PERSONAL FINANCIAL STANDING AFTER THE STORM

By Tom Sponsel, CPA/ABV, CFF
Managing Partner

It's safe to say we've all been preoccupied for the past 18 months, but now is the time to step back and assess your financial situation with a clear mind. Personal Financial Planning includes many facets:

  • Preparing a Personal Financial Statement
  • Analyzing Your Household Budget and Cash Flow
  • Education Needs Planning
  • Retirement Planning
  • Risk Management and Needs for Insurance of All Types
  • Estate Planning

EMPLOYEE SPOTLIGHT: SEAN CAIN

Sean Cain joined the firm just last year, right on the heels of graduating from Anderson University with an MBA and accounting degree.

As a Staff Accountant in the Tax Services department, Sean conducts tax research and prepares tax returns for individuals, businesses and not-for-profit clients.


New Requirements for Hoosiers Hiring Minors

Starting July 1, schools will no longer issue work permits for students under 18 who wish to work. Employers who hire five or more minor employees per location will now be responsible for tracking and reporting minor employee information via the state's Youth Employment System (YES). The system is open now for Indiana employers to practice using before the reporting requirements go into effect at the start of next month. Click here to learn more.