Author Archives: William Murphy

About William Murphy

William F. Murphy is the owner of Murphy Financial Group, P.C. The firm emphasizes in providing tax consulting and financial planning services to corporations, professional practices and individuals. He also provides consultation services on tax and financial planning issues to various news and publishing organizations on current tax law changes occurring within federal and state government. He is also the author of the “Murphy Minute” that is syndicated through various news organizations. Mr. Murphy is also associated with the law firm of Mallor Grodner LLP. The firm has offices in both Indianapolis and Bloomington Indiana. He assists in providing tax, valuation and financial analysis services focusing in the areas of Family law and business tax planning. https://www.linkedin.com/in/william-f-murphy-cpa-pfs-abv-cff-cgma-b38aa713/.

..Have you reviewed with your clients the Final IRS regulations for personal use of employer-provided vehicles…Say what ???

As we come out of the ‘lock down’ and start to work again …it might be good time to catch up with your key clients on some interesting new tax  rules that effect the use of employer owned vehicles.. A … Continue reading

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…”WHO DO YOU CALL”….WHEN YOU HAVE A TAX EMERGENCY…THE IRS OF COURSE. !

EMERGENCY  COLLECTION HELP IS JUST A PHONE CALL AWAY…THE TAXPAYER ADVOCATE SERVICE IS THERE TO HELP! TAS Tax Tip: Tax Pro Tips for working with the Taxpayer Advocate Service After surviving the CO-19 crisis and lockdown the last thing, we … Continue reading

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MAKE SURE YOU LET IRS KNOW IF YOU HAVE MOVED DURING THIS PANDEMIC…WHY ??

The  IRS released  a reminder last week that it is increasingly important to notife them as to your most current address.Here is how…. Topic No. 157: Change Your Address – How to Notify the IRS Background. The Code requires IRS … Continue reading

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