Deepa Ramachandran - Acumen Accounting and Tax Services, Inc.

02/13/2025

Accounting firms recognized as award winners achieved at least a 50% net promoter score, indicating that they provide their clients with exceptionally high levels of service, according to ClearlyRated.

02/14/2024

Attention: small business owners.

It’s important to understand & work with someone who can save you money on your taxes.

When you purchase any equipment, you can:

- write off most of the cost when you purchase via the bonus depreciation rules

- use Sec 179 to write off some or all of the cost of the equipment

You are not required to have paid off the equipment in order to write it off.

Let us know in the comments if you have any further questions.

Make sure to check out our bio for additional resources and how to work with us.

Follow us for more tax tips and advice on how to save money and stay current and compliant with the IRS.

03/15/2020

March 15, 2020: COVID-19 UPDATE FOR TAX SEASON

As of March 15, 2020, Acumen is still open and fully functional to serve clients during tax season. This may change on a day to day basis, so we can keep our valued staff and team safe.

As of today the Illinois governor has ordered restaurants in the state to close for dine-in from March 16, 2020 upto March 30, 2020. If the entire state is ordered to go on lockdown, a more detailed plan will be posted here so clients can be assured that we are still taking care of them and their documents.

Currently, we are encouraging all clients to upload documents to the portal and use the e-signature feature if you are social distancing. We are also encouraging clients to go on extension if you are not able to use the upload feature or you just want to be extra careful.

While the IRS has not fully clarified the details of the proposed automatic extension rules, we are happy to place you on extension by following the current IRS protocol if you so desire. All corporate clients whose returns are not complete as of Friday March 13, 2020 have been placed on extension.

Stay safe and let us know how we can help during these trying times.

------------------ END OF UPDATE ----------------------

02/01/2018

Tax Season is here!

Off to a slightly slower start due to delays from Washington, but here finally.

Stay tuned for updates.

08/22/2017

Coming up today Part 1 of the 4 part series: Top Four Money Mistakes Even Successful Business Owners Make

08/22/2017

It's always fun to see the number of opinions out there.

Unless you've been living under a rock (I go there sometimes), you know that today was a solar eclipse in full line of sight in the USA.

Estimates of productivity loss range from nothing to $200 million to $700 million to $70 billion.

What do you think?? Do we overdo the money measuring?? Let me know.

This Forbes article has some of the details.

Here's what looking at the solar eclipse for 20 minutes will cost employers.

08/21/2017

Starting tomorrow - A four part series:

Top Four money mistakes even successful business owners make.

Part 1 coming tomorrow right here on this page.

08/16/2017

If you don't consider your accountant a part of your advisory team you are missing the best part!

Look for an advisor. Not an office clerk or bean counter.

www.acumencpa.com

08/13/2017

New Live Video here tomorrow, Monday August 14.