Kelley Hardesty Smith and Co

06/02/2026

June Newsletter Topics:
-Take Advantage of Expanded QSB Stock Tax Benefits
-Reducing IRS Audit Risk for Small Businesses
-How an Educational Assistance Program Can Strengthen Your Company's Benefits Package

June Tax Tips:
-Get Ahead With a Midyear Tax Review
-IRS Penalties During the Pandemic Could Be Refundable
-Employers Face New Limits on Meal Expense Deductions

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

05/04/2026

May Newsletter:
-Turn a Real Estate Sale Into a Tax-Smart Strategy
-Before You Shred: Know Which Tax Records to Keep
-Plan Carefully to Minimize Taxes on Your Inheritance

Tax Tips:
-How Hiring Your Child This Summer Can Reduce Taxes
-Review Your Withholding After Filing
-More Entities Gain Access to IRS Business Tax Accounting Today

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

03/03/2026

March Newsletter:
-What's New for Retirement Catch-Up Contributions in 2026
-Businesses Regain Immediate Deduction for R&E Expenses
-IRS Expands Digital Asset Reporting with New Form 1099-DA

Tax Tips:
-Don't Let the AMT Catch You Off Guard
-2025 IRA Contribution Deadline Is Coming Up
-Understand the Tax Details When Starting a U.S. Small Business Administration

Business Alert:
-Employee Engagement May Be Weaker Than It Appears

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

02/05/2026

February Newsletter Topics:
-Unlock Bigger Deductions on Rental Real Estate
-Estate Planning for 2026 and Beyond
-Taking Control with Self-Directed IRAs

Tax Tips:
2026 Tax Law Changes for Businesses
-Which Parent Gets the Tax Breaks After Divorce?
-If You're Closing Your Business, Don't Forget These Tax Steps-

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

01/05/2026

January Newsletter Topics:
-Can You Claim a Tax Deduction for Tips or Overtime Income?
-Businesses: Act Soon to Take Advantage of Clean Energy Tax Incentives
-Make Smart Choices With a Sudden Windfall

Tax Tips:
-2026 Tax Law Changes for Individuals
-Heavy Tax Breaks for Heavy Business Vehicles
-More Taxpayers May Qualify for the Casualty Loss Deduction

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

12/16/2025

Holiday fun for KHS! Formal dinner at Eddie Merlot's and then cater lunch from Cheddar's and gift exchange.

12/01/2025

December Newsletter Topics:
-How Does the New Tax Deduction for Car Loan Interest Work?
-NOL Deductions Can Ease the Pain of Business Losses
-The Tax Implications of Remote Work

Tax Tips:
-Simplify Expense Reporting With High-Low Travel Per Diem Rates
-Last-Minute Tax Strategy: Accelerating Deductions
-What Are the Tax Consequences of Employee Gifts?

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

11/20/2025

11/03/2025

November Newsletter Topics:
-Bonus Depreciation and Other Year-End Tax-Saving Tools for Businesses
-5 Smart Tips for Individual Year-End Tax Planning
-Throwing a Party for Your Workforce? Know the Tax Rules

Tax Tips:
-Make Sure Every Donation Counts
-Making Tax-Free Gift in 2025 and 2026
-Easier Reporting Rules for Some Forms

Take a look at our Newsletter page. Kelley Hardesty Smith and Co is a full service tax, accounting and business consulting firm located in Indianapolis, IN.

10/02/2025

A belated picture from our summer outing. We visited the new and improved IMS museum and took a tour around the track.