Tax reform has businesses of all kinds contemplating how it will affect them. In a sense, it’s a great catalyst to reevaluate your business in general to ensure your strategies and processes are maximizing outcomes and revenues. Below are a few changes in tax reform that may impact you specifically as a manufacturer. INCREASED FIXED [...]
When presenting financial reports to your board or to staff outside of the finance team, do you find a lot of drooping eyelids and confused looks? Unfortunately, many individuals will tune out when financial reports are given because they can’t relate to the information. As a resource for many nonprofit organizations, we at TD&T come [...]
On a hot summer day when I was a child, I opened a lemonade stand in front of my parent’s house. Before I knew it, I had sold my entire inventory of lemonade. My sales mixture consisted of a small portion of cash paying customers driving by, however, a large portion was “credit” sales to [...]
Prior to June of 2015 the IRS issued an estate tax closing letter for every estate tax return filed. This letter included the amount of net estate tax, the state death tax credit, and any generation skipping tax liability. On June 1, 2015 the IRS began to issue estate tax closing letters only to those [...]
TD&T Tax Manager, Amanda Lane, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Board Director Composition.
Amanda Lane, Tax Manager at TD&T CPAs and Advisors, P.C., provides an overview of creating dashboards. Amanda serves social service organizations, colleges and universities, membership organizations and many others throughout Iowa. Where to start? When meeting with clients and prospects, the topic of dashboards comes up quite frequently. Dashboards tend to be the new buzzwords [...]
Jodi Kerr, Tax Principal at TD&T CPAs and Advisors, P.C., provides some insight on types of wage garnishments and possible employer risks. Many businesses are dependent on a dedicated, dependable work force. Hiring, retaining and compensating employees adds another level of challenges to a small business owner. One specific challenge involves managing employee wage garnishments. [...]
Do you recall a time when you were traveling between different states and noticed the interstate speed limits were different, sometimes 65 MPH and other times 70 MPH depending on what state you were in? It is safe to say that different states (jurisdictions) have different laws regarding the speed limits. It is the responsibility [...]
Dan Montgomery, CPA and Senior Assurance Associate at TD&T, explains accounting treatment for non-cash contributions. 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 CPAs, and serves nonprofit [...]
TD&T Assurance Principal, Joe Ryan, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Days in Cash.