Monica Sullivan, CPA, Named Principal of TD&T CPAs and Advisors, P.C.

By | 2017-10-16T09:57:47+00:00 October 14th, 2017|TD&T|

[October 16, 2017] TD&T CPAs and Advisors, P.C. (TD&T), a regional accounting, tax and business consulting firm based in Iowa, is proud to announce that Monica L. Sullivan, CPA, has been named a Principal of the firm. Sullivan is a trusted advisor to high net worth families, multi-generational family owned businesses and executives. She specializes in [...]

How the R&D Credit Can Financially Benefit Your Business

By | 2017-10-27T14:16:12+00:00 October 12th, 2017|Exempt, R&D, TAX|

Amie Kuntz, CPA of TD&T’s Tax Department provides some information on how to use the Research and Development Tax Credit to your advantage.   The credit allows business taxpayers to receive an income tax credit for a portion of expenses paid or incurred for qualified research activities.  The credit was established as an incentive for [...]

What Determines Fair Market Value?

By | 2017-10-13T11:43:25+00:00 October 5th, 2017|Business Valuation, Succession Planning|

A recent Minnesota case illustrates how multiple sides in a lawsuit can come to widely varying estimates of the value of a business.  In Lund v. Lund, 27-CV-14-20058, Hennepin County, Minnesota, the plaintiff had tried for nearly twenty years to obtain a buyout order for her 25% interest in the Lund businesses.  Lund included a [...]

Using your Form 990 as a Marketing Tool

By | 2017-10-11T08:53:43+00:00 September 28th, 2017|Fundraising, Nonprofit, TAX, Tips|

Amanda Lane, Tax Manager at TD&T CPAs and Advisors, P.C., provides an overview of using your Form 990 as a marketing tool.  Amanda serves social service organizations, colleges and universities, membership organizations and many others throughout Iowa.   It’s Just a Tax Return, Right? The short answer is no.  As an informational return, the Form [...]

Sales and Use Taxes: What Are Your Responsibilities?

By | 2017-10-13T15:35:34+00:00 September 21st, 2017|Accounting, Records, TAX, Uncategorized|

Lyndi DeVries, Business Services Manager at TD&T, provides some guidance regarding sales and use taxes.   State and local governments levy sales and use taxes.  For that reason, the laws regarding sales and use taxes vary broadly by state and by local government.  The involvement of so many governmental entities can make the sales/use tax [...]

Medicare Finalizes FY 2018 Payment and Policy Changes for Skilled Nursing Facilities

By | 2017-10-27T14:08:39+00:00 September 14th, 2017|Change, Healthcare, Medicare, Uncategorized|

 Joshua Buckingham, CPA and Principal at TD&T gives updates on changes in Medicare reimbursements for Skilled Nursing Facilities. On July 31, 2017 the Centers for Medicare & Medicaid Services (CMS) issued a long-expected final rule explaining Medicare payment rates and quality programs for skilled nursing facilities (SNF) for the upcoming fiscal year, FY 2018. Among [...]

The Case of the Ambiguous Expert

By | 2017-10-13T11:43:05+00:00 September 7th, 2017|Business Valuation, Shareholder|

In a recent case, a Wisconsin family owned business wanted to exercise its option to buy back the shares held by the son of the majority owner, his father. A poorly written business valuation report combined with an ambiguously written shareholder agreement resulted in lengthy and contentious litigation between the son and the company over [...]

Preparing for a Successful Audit

By | 2017-10-06T16:57:18+00:00 August 31st, 2017|Assurance, Nonprofit, Preparation|

Dan Montgomery, CPA and Senior Assurance Associate at TD&T, explains what an audit entails and why audits are important.  With more than ten years of experience, Dan specializes in audits of nonprofits, governmental entities and employee benefit plans.  Dan is a member of the American Institute of Certified Public Accountants and the Iowa Society of [...]

11 Ag Programs that will Strengthen Your Bottom Line

By | 2017-10-13T15:36:17+00:00 August 24th, 2017|Agriculture, Deductions, Saving|

Susan Voss, CPA, the head of our Agriculture team, provides the next installment in her series on helping farm families understand and respond to changes in agribusiness.   As we continue to march through this period of low commodity prices and high input costs, we must continue looking for opportunities to strengthen our bottom lines.  [...]

Common Strategies when Planning Your Business Succession Plan

By | 2017-10-13T15:39:44+00:00 August 17th, 2017|Gifts, Preparation, Succession Planning|

Vicki Beckey, CPA, CFF, CSEP, Principal and head of TD&T’s estate department, provides some thoughts on planning for business succession.   Most business owners are busy running their business rather than focusing on business succession.  Business owners need to be thinking about what will happen to their businesses when they retire, die or become unable [...]