March 23, 2021
SPONSEL NAMED IN BEST PLACES TO WORK ... AGAIN!

For the third year in a row, Sponsel CPA Group has been recognized by the Indiana Chamber of Commerce as one of the "Best Places to Work in Indiana." The firm is one of the 125 winning Indiana companies and one of the 59 companies within the Small Company Group (less than 75 employees). The actual rankings within the respective groups will be announced on May 6.

The 125 winning companies represent nearly 30 cities and towns across Indiana, ranging in size from 15 to more than 1,000 employees. The awarded companies are determined through employer reports and comprehensive employee surveys. The Best Companies Group, which handles the selection process, oversees similar programs in 25 other states.

WHAT MAKES YOUR BUSINESS DIFFERENT ... AND BETTER?

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

As we continue to face COVID-related restrictions and challenges, it's vital to do everything you can to stay ahead of the competition. And to do that, you need to think outside the box — innovate to succeed, or in some cases, to merely survive. The hospitality industry has been decimated, but look at those that are surviving, and understand how they have had to change to merely stay in business.

Don't be afraid to be different from your competition. Many times, it's the differentiating factors that make you BETTER!

CLIENT PROFILE: VISIONQUEST EYECARE

Since its founding more than 20 years ago, VisionQuest Eyecare has gone on to treat several generations of patients’ families.

"Not a day goes by that I don't see a patient who's related to another patient," said Co-owner Chris Browning, O.D. "Sometimes we take care of three or four generations of the same family. I'm now treating the children of the millennials working in our practice."

EMPLOYEE SPOTLIGHT: CHRISTOPHER SARGENT

Christopher Sargent started as an intern for Sponsel CPA Group in the tax season of 2016 and became a full-time staff member in the fall of 2017. Last year, he was promoted to a Senior Accountant in the Audit & Assurance Services department. In this position, his duties include conducting and supervising audits, reviews, compilations and agreed-upon procedures for clients across a broad spectrum of industries including construction, distribution, manufacturing, service and not-for-profit.

Before joining the Sponsel CPA Group family, Christopher attended Ball State University, earning both his bachelor's and master's degrees in accounting. He has also obtained his CPA designation and is a member of the Indiana CPA Society's Young Professionals Leadership Academy.

PPP Application Changes for Schedule C

A new interim rule was issued by the SBA on March 3, 2021, allowing self-employed individuals who file Form 1040, Schedule C more opportunity to apply for PPP loans. Learn more in our latest e-blast.

Thanks to Our New Interns

As we face the mad rush of tax season, we're grateful for our new interns, Andrew Albertson and Grant Branson. Their assistance is a big boon right now!