Video: How To Get Started With Our Young Professionals Program
| | Financial Advisor, Kiran Sharma, and Financial Assistant, Joseph Cavazos, walk you through our Young Professionals consultation and process. | | |
Join us as Financial Advisor, Kiran Sharma, and Financial Assistant, Joseph Cavazos, from our Advisory team walk you through how easy it is to get started with our Young Professionals financial planning. Our goal is to make the process an easy and stress-free way for you to get the maximum value out of your consultation. Our team of dedicated professionals hope to establish the foundation of an open partnership, where we work together to help you obtain a flourishing financial future...
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Blog by Kiran Sharma –
Financial Advisor, Tax Accountant
| | A Business Tax Strategy That Can Benefit the Whole Family | | Set Your Family Up for Success with Income Shifting Strategies | | |
For business owners, there are a variety of ways to reduce your tax liability, but it’s hard to know which of these strategies best apply to you. One such strategy that our Business Services team recommends to many of our clients is income shifting, which can help set your family up for success and open the door for potential tax savings.
Income shifting enables business owners to transfer income from high to low-tax bracket taxpayers. In 2025, a business owner can employ and pay their children up to $14,600 and consider this as a business expense...
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Blog by Erika Lewis –
Business Services Director
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With higher interest rates last year, we’ve seen a number of clients turn to cash, money markets, and CDs to capture these elevated rates. In doing so we’ve also seen a significant amount of taxable interest reported on tax returns. While collecting more income is great, we know it’s a pain to pay more in tax. The current market, economic, and interest rate landscape presents an opportunity to lock in high rates while managing the tax impact more effectively.
It's possible, as of today, to secure annual interest of 4.5 - 5% for up to 3 years while enjoying tax efficiency compared to a typical CD. We’ve helped many clients reevaluate and switch gears. Please connect with us if you are interested to learn more. (Click here to contact us.)
| | More Important News & Resources | | Our goal is to share valuable and practical information with you through our blogs, resource links, social media posts, and updates. On our blog, you’ll find all the tools, resources, and information you need. Have questions? Give us a call! | | | | Event: The Trifecta of Tax Planning – May 22 | |
Join us for this complimentary event on May 22nd, where Storen Financial’s Investment team will educate on these three important actions you can take with your tax-qualified (IRA) monies to affect your current and future tax situations — Roth conversions, Qualified Longevity Annuity Contracts, and Qualified Charitable Distributions.
Click here to register for this event.
| | | | How will the Social Security Fairness Act affect you? | |
The Social Security Fairness Act eliminated the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) from the Social Security Act retroactive to January 1, 2024. Retroactive 2024 reimbursement checks have already begun, and yes, they are taxed just like regular Social Security benefits.
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| | | | How Long Should I Keep My Tax Returns? | |
As a general rule, you should keep your tax returns and supporting documents for at least three years from the due date of your return. That’s generally how long the IRS has to question items on your return and to bill you for any additional tax. It’s also generally the timeframe to file an amended return to seek a refund. There are situations when the IRS can audit even older returns...
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| | | | Video: What are the latest tax law updates to payment apps? | |
Join us as Communications Specialist, Kaylee Kriese, travels around the office in search of quick answers and helpful information from our advisory, business, and tax teams. In this video, Ierma Clark, Senior Tax Accountant, will share the latest tax updates to payment apps like Venmo, Zelle, and Paypal that may affect your tax return.
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Have feedback to share with us? Send us a testimonial! We’d love to hear about your experience with Storen Financial. Click here to share.
| | Comprehensive Financial Services | | We are here year-round offering comprehensive tax, accounting, and financial planning services that will help you pursue your financial objectives... | | Our team is committed to delivering professional financial services with personalized customer attention. Have you met... | | | | |
Kiran Sharma –
Financial Advisor, Tax Accountant
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With over eighteen years of experience in the financial industry, Kiran has had many roles within local Credit Unions and Regional Banks, including Registered Investment Representative Banker, Registered Investment Representative Branch Manager, and Financial Advisor. Her objective at Storen Financial is to help clients understand their needs, goals, and time horizon to build a comprehensive financial strategy that is unique to their situation. She also has a particular passion for our Young Professionals Program, which is geared toward providing younger generations with resources that build their financial security. Click here to read more.
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ADDRESS
1120 W Oak St, Suite 200
Zionsville, Indiana 46077
| | | Storen Financial is an established independent investment and accounting firm in the Indianapolis area, headquartered in Zionsville, serving clients in 43 states. A local institution for over 50 years with a focus on team, family, and community involvement, we pride ourselves on forward thinking innovations and dedicated customer service. We offer year-round, comprehensive options that implement tax-saving strategies to help individual and business clients pursue financial goals. Click here to learn more about Storen Financial. | | |
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through Brass Tax Wealth Management, a registered investment advisor. Tax/accounting/CPA related services offered through Storen Tax & Financial Group Inc. DBA Storen Financial. Greg Storen and Storen Tax & Financial Group Inc., a separate legal entity, are not affiliated with LPL Financial. LPL Financial does not offer tax advice or Tax/accounting/CPA related services. Registration as an investment advisor does not imply any level of skill of training.
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