The Eldridge Group

01/26/2026

On this, one of the most important days of the year for tax preparers, we must ask you all for pardon.
It may take us a little while longer to dig out today.
We are hoping to be in by 10am.

Stay warm!

Edit:
We will likely have someone in at noon, but the street department is still working to clear the parking on central. We have no updates to when you'll be able to park and get in the building from the street.

02/06/2025

Due to Illness, our Connersville office will be closed until Monday, February 10th at 9am.
If you need assistance in the meantime, please call 765-827-1040 and we will get back to you as soon as possible.
Please leave your name, phone number, and a brief message.
As always, you are welcome to use our postal slot/drop box if you would like to drop off your information.
Thank you for your patience and understanding.
We apologize for the inconvenience.
Thank you.

06/01/2023

https://www.youtube.com/live/tWr3mICiy5E?feature=share

Great message

10/13/2021

Always fighting the evil empire for our clients.

01/14/2021

It's not even technically tax season yet and we've already found $1,000 left on the table from another nationally known tax office.

The green brick tax office may have national advertising dollars, but they don't have the experience we do. Spend your money with a full time, year round tax professional and not with a glorified ad agency.

05/29/2020

Today is 529 day!
If you've never looked in to the 529 savings program and you have children, you absolutely should. Indiana has a great credit that can earn you up to $1,000 in tax savings for putting money in a college savings account.
I recommend this for anyone with children in High School or younger.

https://www.collegechoicedirect.com/
eldridgegroup.net

05/26/2020

Because you pay tax on every dollar you earn all year, our tax season doesn't end in April. We work year round giving proactive, tax efficient advice.
Call or email with any tax questions.

Eldridgegroup.net

05/03/2020

I've spoken with several clients to warn them that the wages and rent paid with the PPP loan, per prior IRS standards, will likely not be deductible. The IRS affirmed this with a recent tax notice (https://www.irs.gov/pub/irs-drop/n-20-32.pdf).
It appears now that congress intends to specifically enumerate that expenses paid for with PPP funds will in fact be deducible.
Even if they don't, because members of congress have offered their support of the position, expect this issue to be challenged.

The IRS has ruled out tax deductions for wages and rent paid with forgivable loans, but Congress could push back to allow the deductions. The stakes matter to businesses who scooped up Paycheck Protection Program loans of up to $10M to keep their employees on the payroll during the shutdown.

04/28/2020

We're hearing from other tax professionals who have contacts within the IRS that the service doesn't have enough employees to open the mail (Much less respond to it). This in addition to phone centers being for all intents and purposes closed means that the IRS is in essence closed.
Even before the COVID shutdown we found the IRS "lost" at least 30% of all written correspondence. This mail backlog will have profound impacts on IRS service for the foreseeable future.

04/28/2020

Worth mentioning again. The IRS will never call you and request personal information over the phone. You should not give out your bank account information to anyone via the phone.

FLINT, Mich - The Grand Rapids Police Department along with several other departments putting out a message today that the IRS will not call you regarding the $1200 stimulus. Click here to read all of our coronavirus stories. Mid-Michigan NOW viewers have reported getting calls from someone claiming...

04/25/2020

We have heard the IRS stimulus tracking website is now working for people that need to update bank information for direct deposit of COVID 19 stimulus payments. If you are not able to update your information successfully, you should try once per day at the same time. The IRS updates their records once per day, and the IRS will only allow 3 attempts per day before you are denied access from the system.
If you are content to wait on your stimulus check to be mailed, you'll likely see those funds this summer.
The stimulus will not affect your 2020 tax refund negatively; though you may be eligible for additional funds based on your 2020 income.
eldridgegroup.net

https://www.irs.gov/coronavirus/get-my-payment

Use Get My Payment to get information about your payment status and payment type.

04/19/2020

Let us do your tax return so you can enjoy finer things, like walks in the woods.
eldridgegroup.net