Monthly Archives: May 2018

Announcement: New Firm Name and Logo

By |2018-05-31T08:08:45-05:00May 31st, 2018|Change, TDT|

TD&T CPAs and Advisors, P.C. is eager to share some very exciting news; we are launching our new corporate logo and updating our firm name to “TDT CPAs and Advisors, P.C.” by removing the ampersand (&). The new logo and name change symbolize the continuous efforts of TDT to move forward as a firm in [...]

Performance Measurement: Percentage of Board Members Giving

By |2019-05-14T09:15:05-05:00May 23rd, 2018|Board, Donation, Gifts, Nonprofit, Performance Measurement, Tips, Uncategorized|

We provide this week's session of the Performance Measurement video series topic of Percentage of Board Members Giving.

Is it Time to Make a Change? C Corp vs. S Corp

By |2019-04-26T14:54:28-05:00May 22nd, 2018|Change, Deductions, IRS, Saving, Tax, Tax Planning, Tax Reform|

With the significant reduction of corporate tax rates from 35% to 21%, many S Corporation owners are asking themselves, is it time to make the change to C Corporation? Even though the top individual is reduced under Tax Reform to 37%, this is still a significantly higher amount than the new corporate rate. So, the [...]

Understanding the Statement of Cash Flows

By |2018-07-13T11:00:15-05:00May 8th, 2018|Budget, Cash Flow, Nonprofit|

Dan Montgomery, CPA and Senior Assurance Associate at TDT, explains why having an effective internal control system is important. With more than ten years of experience, Dan specializes in audits of nonprofits, governmental entities, and employee benefit plans. Required Financial Statements Under Generally Accepted Accounting Principles (GAAP), there are three basic financial statements that nonprofits [...]

Deductibility of Alimony Going Away

By |2019-05-14T09:14:07-05:00May 1st, 2018|Advisory, Business Valuation, Change, Deductions, Litigation Support, Tax Planning|

Due to recent changes in federal tax law (The Tax Cuts and Jobs Act of 2017), alimony payments will no longer be tax deductible by the payor for income tax purposes through the year of 2025 for divorce decrees entered after December 31, 2018. Although alimony is not popular among those making the payments, there has [...]