Join us for an exclusive virtual event, featuring Ed Slott, America’s IRA Expert… This presentation is for those who have spent a lifetime saving for their retirement and now need to know how to protect those savings from taxes, as well as understand the latest tax rules. Click here for details.

Providing Comprehensive & Specialized Financial Services in a Complex World

Get to know the Storen Financial Team. Our Professionals are highly skilled specialists in the areas of Investment Planning, Tax Planning & Preparation, and Business Services. Make an appointment to meet our talented staff and let us guide you through a complex and digital age.

Tax Planning & Preparation

Financial Planning & Investments

Business Services

Storen Financial Awarded

“Business of the Year”

Exciting News!! Storen Financial was awarded “Business of the Year”! Kim and Greg were honored and able to accept the award at the Boone County Chamber of Commerce Annual Awards Banquet. It is a great honor to be selected as an Impact Award winner last year, then voted in as Business of the Year for 2021. Click here to read more about this award.

JOIN US FOR THIS SPECIAL EVENT!

How will TAXES impact your retirement?

May 17, 2022   |   Virtually via Zoom

Join us for an exclusive virtual event featuring Ed Slott, America’s IRA Expert… This event is for those who have spent a lifetime saving for their retirement and now need to know how to protect those savings from taxes.
Click here for details.

What are others saying about Storen Financial?

Our goal is to provide our clients superior service and expert advice in a friendly, family-oriented atmosphere. Truly their successes are ours!

Storen Financial has proven to be a trusted and knowledgeable, local resource for my personal and business tax filing and financial needs. Kim provided guidance and education to me on how best to structure my small business, saving me money and putting my mind at ease.

This is a short note simply to let you know that I believe Ruth is a fine addition to the Storen Financial staff. She is professional, knowledgeable, very helpful and just as importantly, acted as a fiduciary in advising us with our Medicare choices.

Wanted to say thanks to Brian. He did a fabulous job answering questions and giving us a snapshot of where we stand with our retirement goals. He was exceptional. We were pleased with Brian’s professionalism and guidance.

Get to know Storen Financial

Storen Financial is an established independent investment and accounting firm in the Indianapolis area, headquartered in Zionsville, serving clients in 43 states. A local institution for over 50 years with a focus on team, family, and community involvement, we pride ourselves on forward thinking innovations and dedicated customer service. We offer year-round, comprehensive options that implement tax-saving strategies to help individual and business clients pursue financial goals.

Our tax professionals prepare a combined 5,500+ individual & business tax returns each year.

Our professionals have the following designations:  CPA, MBA, & EA (IRS Enrolled Agent).

Over 400 hours of continuing education are logged by our staff each year.

Kim and Greg Storen, owners of Storen Financial

Frequently Asked Questions

How do I track my refund?

NEW! IRS2Go is the official mobile app of the IRS. Click here to learn more and as always, feel free to contact us with any questions you have.

Is there an age where Social Security is not taxed?

No, federal taxation of SS benefits is based on income level and not age. Anywhere from 0% to 85% of the SS benefit can be taxable based on how much other income a taxpayer is reporting. Note, Indiana does not tax anyone’s social security benefits. Click here to see more FAQs.

How are Indiana State and Local taxes calculated?

For new residents of Indiana, there is a learning curve on understanding State & Local taxes. Indiana has a flat rate for the State of 3.23%. So if you have $10,000 or $1,000,000 of taxable income, you are taxed at the same rate. In addition to this, each individual pays a county tax and each County can set their own tax rate. County rates range from .35% for Jefferson to 3.38% for Pulaski. There are a few exceptions to the rule, but an Indiana taxpayer is subject to County taxes based on where they lived on January 1st of the tax year. Click here to see more FAQs.

How much retirement income is taxed in Indiana?

Like a lot of other States, Indiana does not tax Social Security Benefits. Also, Indiana gives a full or partial deduction for pensions that originate from Railroad Retirement Board, Office of Personnel Management and Defense Finance and Accounting Service (Military Retirement). If one is not lucky enough to be receiving retirement from one of the listed entities, then your retirement income will be fully taxable to State and County. To keep from owing to Indiana on your Tax Return, please ask the Administrator if they will withhold State taxes on the benefits. If they do, then as a rule of thumb, we tell clients that 5% withholding will cover most taxpayers in the state. This covers both State and County rates. If someone knows that they live in a county with a rate greater than 1.7%, then take the percentage up to have withheld 6% or 7%. If the Administrator will not withhold State taxes, then Quarterly Estimates may need to be sent in. Like the Federal, Indiana can charge an Underpayment Penalty if more than $1,000 is owed at the end of the year.Click here to see more FAQs.

What do I bring to my tax appointment?

Get the full list of the items you need here in this checklist.

The Latest News from Storen

We’re bringing Ed Slott back!

This 2022 program will feature a unique look at recent changes in the tax laws and how it will impact your retirement. Last year over 200+ joined us virtually to learn from Ed Slott! With such a great response we’ve decided to bring him back again this year for a...

read more

Celebrating the 2021 tax season finish line!

We reached the finish line in style! After completing well over 4000 tax returns this tax season, our team celebrated everyone's hard work with a little friendly competition! The whole Storen Financial team came together for a fun evening at Speedway Indoor Karting....

read more

$125 IN Automatic Taxpayer REFUND

One-time direct deposits of $125 will arrive in bank accounts beginning in May and continue through mid-summer. Thanks to efforts over the last nine years that have allowed Indiana to fund critical needs while maintaining our state’s competitive tax environment, many...

read more

Contact us with any questions you might have!

14 + 8 =