Our Services

Let us provide you with comprehensive tax, accounting, and financial planning services that will help you pursue your financial objectives. We offer a full range of budget-friendly solutions for all of your needs.

Allow us to create a customized plan for you. Our team of trusted professionals is here to help you implement tax-saving strategies, and guide, advise and develop a sound financial plan for your future. We welcome you to review our comprehensive suite of professional services…

  • Tax Planning & Preparation
  • Business Planning & Services
  • Financial Planning & Investments
  • Medicare Supplement Insurance

Tax Planning & Preparation

Whether you’re an individual or corporation, we can accommodate your needs. We work with you throughout the year to develop a customized plan with tax-saving strategies that are tailored to your unique situation. Our personal, one-on-one service, expert tax return preparation, and advice will give you peace of mind, knowing that your tax return is in capable hands.

We are diligent about remaining up-to-date on the changing tax laws and will examine all of the tax-saving opportunities available to you. We are committed to minimizing your tax liabilities and maximizing your future opportunities—while remaining in full compliance with IRS statutes.

IRS Representation

Nothing strikes fear in the heart more than a notice from the IRS. As such, we serve as your representative in front of state and federal agencies to help resolve your issue in a timely manner with as little stress as possible. Professional representation can be vital during an audit and our experience with tax authorities enables us to guide you through your situation with ease and expertise.

Specialized Returns we prepare:

  • Corporations
  • Partnerships
  • Farms
  • Rental Properties
  • Trusts
  • Personal Property Tax
  • Gift Tax
  • Multi-state
  • Adoption Credits

all the resources you need for 

Tax Season

It’s that time of the year again… Tax Season! We hope to make your yearly obligation effortless with 3 easy options designed to serve you. We’ve put together all the resources you need for this tax season (Checklists, Forms, FAQs, Links, etc) in one easy to find place. If you have any questions at all, please feel free to give us a call 317-852-7000.

Financial Planning & Investment Services

At Storen Financial, our team of financial professionals will meet with you to discuss your long-term comprehensive financial goals. We’ll create a plan to help you pursue those goals while diversifying your risks. From retirement planning to life insurance, investments to long-term care policies, from college funding to IRAs, we are here to serve you.

  • Retirement Planning & Income Distribution
  • Investments
  • Annuities
  • Roth IRA Conversions
  • Charitable Giving Strategies
  • Estate Planning
  • Life Insurance
  • Long Term Care Insurance
  • Employer-Sponsored Retirement Plans

Business Services

We offer the services every business needs to achieve financial goals. We provide not only the common accounting services such as payroll and bookkeeping, but also provide personal guidance on how to operate your business. No matter where you are on the pathway of business ownership, we offer services that can help you move further down the path to success. We reduce tax liabilities, we streamline operations through sound simple processes, and we guide you in how to harness technology to increase your cash flow. The business services include…

  • Business Startup Services
  • Payroll Processing
  • Bookkeeping
  • Business Coaching & Advising
  • Technology Consulting
  • Employer Retirement Plans

Medicare Advisory Services

Our goal is to help individuals coming on to Medicare understand what options they have, as well as help those already on Medicare understand how their benefits work. Ruth Hoffman, Storen’s Medicare Benefits Specialist with over 15 years Medicare experience, will work with you one-on-one to help you navigate the Medicare puzzle. Learn more about Ruth here.

Medicare beneficiaries in Indiana have Medicare options beyond Original Medicare Part A and Part B. You can receive your coverage through Original Medicare (with or without a Medicare Supplement plan offered by a private insurer), or through an alternative means, by enrolling in a Medicare Advantage plan, offered by a Medicare-approved private insurance company. You can also enroll in a Medicare plan offered by a private insurance company contracted with Medicare to provide prescription drug coverage.

No Cost Medicare Consultation

  • Evaluate how you are currently utilizing healthcare services.
  • Review medications being prescribed to determine which prescription plan will best meet your needs.
  • Explain what healthcare options are available to the Medicare beneficiary based on needs.
  • Explain what financial responsibility may be based on your final healthcare plan selection.

Contact us with any questions you have or to set up a time for your free consultation.

Confused by Medicare? Join us for one of these complimentary seminars.

Join us for one of our educational events where Ruth Hoffman, Storen’s Medicare Benefits Specialist, walks you through the Medicare process and addresses questions you might have about this health insurance option. Click here to learn more.

How can we help?

At Storen Financial, we offer so much more than tax preparation and accounting services. We go beyond the numbers to provide our clients with financial planning, in-depth consulting, and year-round support. Looking for more info? Click below to learn more.

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 Our Team Together Under One Roof!

*See Frequently Asked Questions Below! The Zionsville Office Expansion Project In order to improve your client experience, enhance employee growth and collaboration opportunities, streamline processes and increase efficiencies, we will be expanding our current...

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How to create your IRS.gov account

View ALL of your tax info in one place! Have questions about how much tax you paid? How much is your refund? Or how much do you currently owe? What was that notice from the IRS about? Did you receive Stimulus payments and how many or which ones? All this information...

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Video: What you didn’t know about Medicare

Medicare open enrollment is available October 15th through December 7th. Watch the recording of this virtual event where Ruth Hoffman, Storen Financial’s Medicare Benefits Specialist, walks you through the Medicare process, open enrollment guidelines and addresses...

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Office Expansion Project Construction Update

We're making progress on our new space! Construction has begun! The progress of our Zionsville office expansion project is coming along. Watch this video for a quick tour of our space. The goal of this new addition to our office is to allow our business services and...

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Investing for retirement is about more than just money

Takeaway from the Morningstar Investment Conference While at the Morningstar Investment Conference in Chicago recently, I attended a session that discussed important aspects of enjoying a successful retirement. The information is based on retirement research done by...

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Contact us with any questions you might have!

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