Blog

Iowa Has a Section 179 Problem

By | 2018-04-17T15:31:55+00:00 April 5th, 2018|Accounting, Agriculture, Deductions, IRS, PATH, TAX, Tax Reform|

The tax filing season is well underway with deadlines coming and going and increased timing pressures. With the season comes look-backs and look-forwards. One of the biggest tax items affecting nearly every farm operation in 2018 and beyond is the IRC Section 179 Expense. The federal government has been generous with this deduction; however, Iowa [...]

Estate Planning vs. Succession Planning – What’s the difference and Why Are They Important?

By | 2018-04-25T10:43:38+00:00 April 3rd, 2018|Estate Planning, Litigation Support, Succession Planning|

Strong succession plans are vital to the sustainability of the business and should include family meetings to discuss plans to join the business and the vision for the business . For even the most successful closely held business owners, succession planning can be even more difficult than other critical business decisions they have faced. One [...]

Performance Measurement: Funds Available for Temporarily Restricted Net Assets

By | 2018-04-17T10:32:46+00:00 April 3rd, 2018|Budget, Fundraising, Nonprofit, Performance Measurement, Saving, Tips|

  TD&T Assurance Manager, Glen Swanson, CPA provides the first in our Performance Measurement Video Series. This week's episode is on the metric: Funds Available for Temporarily Restricted Net Assets.

4 Steps to Seeking New Revenue Sources

By | 2018-04-17T11:05:04+00:00 April 1st, 2018|Board, Budget, Donation, Fundraising, Gifts, Investment, Nonprofit|

Amanda Lane, Tax Manager at TD&T CPAs and Advisors, P.C., provides an overview of managing sources of revenue. Amanda serves social service organizations, colleges and universities, membership organizations and many others throughout Iowa. Where to start? It’s true, all organizations, no matter the type, have one thing in common: they must manage their sources of [...]

5 Things for Manufacturers to Know About Tax Reform

By | 2018-04-23T08:53:04+00:00 March 29th, 2018|Accounting, Deductions, IRS, Manufacturing, TAX, Tax Reform|

Amie Kuntz, Tax Manager at TD&T CPAs and Advisors, P.C., expands on 5 tax reform items for manufacturers. Amie serves privately held businesses across Iowa, providing tax services and strategic planning opportunities. Tax reform has businesses of all kinds contemplating how it will affect them. In a sense, it’s a great catalyst to reevaluate your [...]

5 Ways to Help Your Board Understand Financial Reports

By | 2018-04-17T10:28:41+00:00 March 27th, 2018|Board, Nonprofit, Records|

Glen Swanson, TD&T Assurance Manager, provides ideas on how to help those outside of the finance office gain a better grasp on your organization’s financial reports. 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 [...]

Cash is the Oxygen of the Business – Reasons a Profitable Business Can Fail

By | 2018-04-25T09:31:12+00:00 March 22nd, 2018|Budget, Business Valuation, Saving|

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 [...]

Estate Tax Closing Letter Requirements

By | 2018-04-17T10:30:43+00:00 March 20th, 2018|Estate Planning, IRS, Preparation|

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 [...]

Performance Measurement: Board of Director Composition

By | 2018-04-17T10:33:13+00:00 March 20th, 2018|Board, Nonprofit, Performance Measurement, Tips|

  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.

5 Questions to Ask When Creating a Dashboard for Your Organization

By | 2018-04-17T11:05:47+00:00 March 15th, 2018|Goals, Nonprofit, Performance Measurement, Tips|

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 [...]