Evans May Advisory

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Indianapolis, IN
Evans May Advisory

Not your typical CPA firm.

06/01/2026

HOT TAKE: It should be illegal to have a tax due date fall on a Monday! 🙃

If you clocked that quarterly taxes don't always follow a "quarterly" schedule, here's why ↓

Way back in the day, Tax Day used to be March 15th, so Congress counted three months out and set June 15th as the next estimated tax deadline. 📆

But when Tax Day got pushed back to April 15th (not complaining, btw), the June 15th deadline stayed the same.

Soooo, unfortunately, that's why your Q2 estimated taxes are due just two short months after you paid your April ones.

We don't make the rules; we just make sure you don't miss the deadlines! 🤷

05/22/2026

Our office will be closed today through Monday in observance of Memorial Day. We will reopen Tuesday. Wishing everyone a safe holiday weekend!

05/18/2026

📣 WE’RE HIRING!
Join the team at Evans May Advisory!

We’re growing and looking for motivated professionals to grow with us. Interested? Reach out today!

05/13/2026

Roth IRAs can be a valuable retirement and tax planning tool — but understanding how they work is key before deciding if they are the right fit.

While qualified Roth IRA distributions can be tax-free, there are important rules and limitations to consider, including:

• Income eligibility limits
• Annual contribution caps
• Withdrawal and distribution requirements

At Evans May Advisory, we believe retirement planning should be tailored to each individual’s financial situation and long-term goals. When discussing retirement savings strategies with clients, we consider factors such as:

✔️ Current and future tax brackets
✔️ Cash flow needs
✔️ Access to funds before retirement
✔️ Long-term financial and retirement objectives

Retirement planning is not one-size-fits-all, and the right strategy depends on your overall financial picture.

05/08/2026

Proud of you for filing your taxes. We mean it! 🫶

But if this tax season didn't go as smoothly as you hoped, swipe for the tax homework we are assigning to you.

Do these things this May if you want a waaay less stressful time next April!

05/05/2026

You've gotta keep more than just your tax return, according to the IRS!

🗂️ For most tax records, the rule of thumb is to keep them for at least 3 years (your W-2s, 1099s, etc.).

But in some cases, you might need to hold onto things for 4 years, 6 years, or even longer!

Keeping these documents helps you respond to notices, amend a return, or prove that you actually made a tax payment.

It doesn't have to be hard! Keep a folder for each tax year with your supporting docs and your tax return, and make sure you've got it backed up + secure. 🔐

04/21/2026

Filing an extension is step one! 1️⃣

Step two is the one most people overlook...

It's NOT acting like October is waaay in the future and hoping your return magically gets easier to file by then.

Your tax documents aren't going to gather themselves!

If you extended your return because you didn't have everything ready to file, here's what you need to do:

→ Make a list of all of your missing tax documents. If you need to follow up with someone to get these, start doing it now!

→ If you own a business and your bookkeeping was what held up your return, make a plan to get it caught up.

Do you need to sit down over a few weekends and get it done? Or do you need to bring in a bookkeeper? 📚

Whatever you do, we are begging you, pleaseeee don't wait until October to start worrying about your taxes again!

03/20/2026

If there's no way you'll get together all your 1099s, W-2s, and other tax docs by April, the IRS has a handy solution: filing an extension.

Three things you need to know?

First, filing a tax extension is NOT a bad thing. It actually helps you avoid late filing penalties!

Second, you don't need to give a reason to the IRS for why you extended. You automatically get your extension when you file Form 4868.

PRO TIP: E-file it so you have an electronic confirmation for your records. 📧

And third, an extension only applies to your filing date. The due date to pay your taxes remains the same, so don't forget to make your payment. If you don't, you can rack up late payment penalties + interest.

03/05/2026

March means brackets, buzzer beaters, and... taxness.

Made-up word? Maybe. But the feeling (slightly crazy over tax season) is very real.

If the start to your tax season has felt chaotic, we've got your game plan:

→ Make a list of any missing tax documents. Double-check that you haven't missed any in your inbox or mailbox.

→ Check your email and answer any outstanding questions from your EMA advisor.

→ Set aside money for your 2025 tax bill and your estimated taxes (both due next month!).

→ If you're feeling too rushed, consider filing an extension! There's no need to file a buzzer-beater return on 4/15 if you're not ready.

Consider EMA as your Coach this tax season - we're here to help keep your head on straight and maybe dunk on the IRS (just a little). 🏀

02/24/2026

Our clients are always asking us whether they should itemize or just take the standard deduction...

Our answer every time? It all depends on your tax situation!

Most taxpayers take the standard deduction. But, if you have HIGHER itemized deductions than the amount of the standard deduction based on your filing status, you'll probably want to itemize to save more on your taxes!

A few common expenses that can increase your itemized deductions: qualifying medical expenses, state + local taxes, and mortgage interest paid.

This decision may seem straightforward, but it's always best to consult with your EMA tax accountant to ensure you're making the best choice for your situation!

Address

500 E 96th Street Suite 100
Indianapolis, IN
46240

Website

https://evansmayadvisory.com/

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