Real Estate Accountants

You sell the homes, we’ll run the books

Your time is better spent on helping your clients buy or sell the perfect home without feeling burdened by daily challenges and administrative duties of running your business.

At J.R. Helms, our client-focused approach is designed to reduce your daily stress to provide you the peace of mind in knowing you are not going it alone.

Ditch the recordkeeping and focus on what you do best

From passive activity regulations to deductibility of meals and entertainment to the requirements related to deducting the business use of your personal automobile, the business world of the Realtor is ever-changing. To rise above all the noise, and the competition, you need knowledge. At J.R. Helms & Associates, P.C., we strive to be the “go to” for real estate professionals.

You Can Count On HelmsCPA For:

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Reduced time and effort spent on planning, organizing and recording information

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Access to knowledge in an ever-changing business and tax environment

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Assured compliance with reporting and filing requirements

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Peace of Mind in knowing you have a CPA and trusted advisor available when you need us

Let Us Help:

How The Bad Business Debt Deduction Could Lower Your 2026 Indianapolis Business Taxes

 Quick Answer: Uncollectible business receivables convert into ordinary losses that reduce your active net profit dollar-for-dollar without a ceiling. To lock in this tax offset before year-end, you'll need to execute a formal general ledger charge-off on...

How To Fix Common QuickBooks Online Problems Indianapolis Small Business Owners Face

 Quick Answer: To fix common QuickBooks Online problems, audit your bank feed queue to ensure transactions are matched to open invoices and transfers rather than blindly clicked as "Add," which eliminates duplicate revenue and miscoded expenses. From there,...

The Indianapolis Small Business Q3 Payroll Checklist for a Painless Year-End Close

 Quick Answer: Your pre-year end payroll checklist should include reviewing new OBBBA wage codes, collecting missing 1099 tax forms, and aligning your payroll accounts with your general ledger. Completing this cleanup in September protects your business...

What Are the Tax Mistakes New Indianapolis Business Owners Make?

 Quick Answer: Some of the biggest tax mistakes new business owners make include using personal credit cards for business expenses, guessing on startup cost write-offs, and failing to keep track of receipts for deduction proof.Key Takeaways:Opening a...

What Tax Do You Pay When You Sell A Business Based on Your Indianapolis Business Structure?

 Quick Answer: Pass-through entities (LLCs, S corps, sole proprietorships) pay a single tax layer, typically 15% to 23.8% on goodwill and up to 37% on inventory and equipment. C corporations face double taxation near 40% on asset sales, unless structured as...

How To Hire An Intern For The Summer For Your Indianapolis Business

 Key TakeawaysPaid summer interns must be classified as W-2 temporary employees rather than 1099 independent contractors because they operate under your direct supervision. To legally hire an unpaid intern, your program must pass the strict DOL "Primary...

Why Tariff Refund Claims Get Delayed for Indianapolis Small Business Owners

 *This guidance is based on CBP’s April 2026 CAPE/IEEPA refund guidance, current ACH refund enrollment rules, and general federal tax recovery principles as of May 15, 2026. Your facts may require coordination with your customs broker, trade counsel, and tax...

How To File A Tariff Refund Claim for Your Indianapolis Business

 Key TakeawaysAs of April 20, 2026, the Consolidated Administration and Processing of Entries (CAPE) tool is the exclusive electronic system for reclaiming IEEPA tariff duty payments. Importers must have an active ACE Secure Data Portal account and an...

Does the Tariff Refund Process Apply to My Indianapolis Business?

 Key TakeawaysOnly the Importer of Record (IOR) or an authorized customs broker can claim a refund. If a carrier like UPS or FedEx is the IOR, you must coordinate with them rather than filing directly with the CBP. Refunds are exclusively for IEEPA-related...

The 2026 Business Mileage Rate vs The Standard Expense Method For Your Indianapolis Business Vehicles

 Key TakeawaysThe IRS business rate for 2026 is 72.5 cents per mile, a 2.5-cent increase from the previous year. To keep your options open, you must choose the standard mileage method in the first year your vehicle is used for business. If you start with...

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Call Us

(317) 337-2980

Fax Us

(317) 337-2965

Our Location

7960 Zionsville Road
Indianapolis, IN 46268

AVAILABILITY

Monday – Friday
8:30am to 4:30pm

We offer comprehensive accounting, bookkeeping, payroll, tax and business consulting services that allow individuals and businesses alike to better prepare for their financial needs of tomorrow. We serve clients nationwide in industries including real estate, construction, professional services and more. With a focus on offering innovative, accurate solutions for clients, we work with care and purpose to ensure we get it 
right the first time, every time.

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