OnTarget CPA

What happens if you’ve never filed a tax return for your business? 🤷

It’s a question more business owners face than you might expect—and the answer isn’t always straightforward.

While unfiled returns can lead to penalties and added scrutiny, the situation is often more manageable than it seems when you take the right steps early. The worst thing you can do is ignore it.

In our latest article, we walk through:
• The real consequences of not filing
• Common misconceptions that hold business owners back
• Practical steps to get compliant and move forward

If you’ve been putting it off, this is your chance to understand your options and take control.

👉 Read the full article here

What Happens If You’ve Never Filed a Tax Return for Your Business? Here’s the Honest Answer | OnTarget CPA Unfiled business tax returns are a situation where a business owner has missed one or more required federal or state tax filing deadlines without submitting the necessary returns to the IRS or Indiana Department of Revenue. Left unresolved, this creates compounding penalties, interest, and serious l...

Honoring the brave men and women who made the ultimate sacrifice for our country. 🇺🇸

This Memorial Day, we pause to remember their courage, express our gratitude, and reflect on the freedoms we enjoy because of them.

Wishing everyone a safe and meaningful holiday from all of us at OnTarget CPA.

💡 𝐓𝐡𝐢𝐧𝐤 𝐨𝐟𝐟𝐞𝐫𝐢𝐧𝐠 𝐚 𝐫𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐩𝐥𝐚𝐧 𝐢𝐬 𝐨𝐮𝐭 𝐨𝐟 𝐫𝐞𝐚𝐜𝐡 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐬𝐦𝐚𝐥𝐥 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬? 𝐓𝐡𝐢𝐧𝐤 𝐚𝐠𝐚𝐢𝐧.

Even with a lean budget, there are practical ways to help your team (and yourself) save for the future. In our latest article, we break down 𝐭𝐰𝐨 𝐫𝐞𝐭𝐢𝐫𝐞𝐦𝐞𝐧𝐭 𝐩𝐥𝐚𝐧 𝐨𝐩𝐭𝐢𝐨𝐧𝐬 𝐝𝐞𝐬𝐢𝐠𝐧𝐞𝐝 𝐬𝐩𝐞𝐜𝐢𝐟𝐢𝐜𝐚𝐥𝐥𝐲 𝐟𝐨𝐫 𝐬𝐦𝐚𝐥𝐥 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐭𝐡𝐚𝐭 𝐰𝐚𝐧𝐭 𝐟𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲, 𝐬𝐢𝐦𝐩𝐥𝐢𝐜𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐚𝐟𝐟𝐨𝐫𝐝𝐚𝐛𝐢𝐥𝐢𝐭𝐲.

✅ Lower administrative costs
✅ Easy setup and maintenance
✅ Valuable tax advantages

Read the full article to see which option could be the right fit for your business 👇

2 retirement plans for small businesses with lean budgets | OnTarget CPA Most business owners would like to offer their employees a 401(k) retirement savings plan with all the bells and whistles. But for small businesses with lean budgets and small staffs, offering such benefits may be out of the question. Fortunately, SEP IRAs and SIMPLE IRAs are less expensive and easi...

This National Admin Week, we’re celebrating the incredible administrative professionals who keep OnTarget CPA running smoothly every day.

Your organization, dedication, and behind-the-scenes impact never go unnoticed—thank you for all that you do! 💙