Rob graduated from Indiana University in the spring of 1989 with a Bachelor of Arts Degree. He worked in banking for approximately five years starting in collections and ending in compliance and internal audit. The last two years with the bank, he was attending classes to gain a Post-Bachelorette Degree in Professional Accounting. Rob earned his CPA designation in 1997. In 1994, he took a position with a large regional firm in Evansville. His primary duties were in the tax and audit departments. After 4 ½ years there, he took a positon with a local company managing their tax and financial reporting. In the fall of 2004, he began his search to acquire a small local CPA firm. On January 1, 2005 Foncannon Tax & Financial Services was established.
Rob and his wife Kris, a school nurse in the Warrick County School Corporation, live in Newburgh and have three boys. Zack is a student at Indiana University studying informatics, Alex is a junior at Castle High School and plays soccer and Reece is a 7th grader at Castle South Middle School and enjoys playing soccer and hockey.
Rob works with clients to implement the most advantageous financial plans, with high concentration on value building and tax consequences. He plans and prepares individual and corporate tax returns.
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Instilling a thankful frame of mind among your staff makes for a gratifying work place. Consider a few suggestions for developing an atmosphere of thankfulness to get into the spirit of the holiday season.
Black Friday and Cyber Monday need no introduction, but for small business owners it’s all about Small Business Saturday—an annual holiday shopping tradition that gets communities out in support of their local small businesses. Small Business Saturday falls on November 24 this year, so if you haven’t already…start getting the word out.
The Protecting Americans from Tax Hikes (PATH) Act of 2015 requires Forms 1099-MISC reporting non-employee compensation (NEC) in box 7 to be filed by January 31.