Change

Tax Provisions That May Affect Small Businesses

By |2018-08-14T15:39:40+00:00August 14th, 2018|Change, TAX, Tax Planning, Tax Reform|

Now that small businesses and their owners have filed their 2017 income tax returns (or filed for an extension), it’s a good time to review some of the provisions of the Tax Cuts and Jobs Act that may significantly impact their taxes for 2018 and beyond. Generally, these changes apply to tax years beginning after [...]

Our West Des Moines Office is Moving!

By |2018-08-03T15:09:56+00:00August 3rd, 2018|Change, Moving, TDT|

We are eager to share with you that our West Des Moines Office is relocating to a larger office space in West Des Moines. Our West Des Moines staff will begin operating out of their new location on Monday, August 6, 2018. “We pride ourselves on providing superior service to our clients, and moving into a larger office [...]

The Impact of Qualified Business Income to the Valuation of a Pass-Through Entity

By |2018-07-16T10:52:23+00:00July 11th, 2018|Business Valuation, Change, Preparation, Saving, TAX, Tax Planning, Tax Reform|

Jeremy Green, MBA, CPA, ABV, CFE, CFCI, Senior Forensic & Valuation Associate at TDT, provides insight on the impact of business valuations of pass-through companies from qualified business income. Jeremy specializes in business valuations, forensic accounting and litigation support engagements, succession planning, and management consultation services. Unlike “C” Corporations, who are taxed on their earned income [...]

Iowa 179 Problems Grow Larger with No Like-Kind Exchange for Equipment and Livestock

By |2018-07-12T09:08:38+00:00July 3rd, 2018|Agriculture, Change, Deductions, IRS, TAX, Tax Reform|

Susan K. Voss, CPA, has over 30 years of public accounting experience, and she specializes in farm operations, agri-business, and individuals and their closely-held businesses. In continuation of Susan's last article, let’s review another key IRC Section 179 issue impacting Iowa’s agricultural community. Thank you Kristine A. Tidgren from the Center for Agricultural Law and Taxation [...]

Will Corporate Income Tax Rates Impact Business Valuations?

By |2018-07-16T08:40:04+00:00June 8th, 2018|Business Valuation, Change, TAX, Tax Planning, Tax Reform|

Jeremy Green, MBA, CPA, ABV, CFE, CFCI, and TDT Senior Forensic & Valuation Associate, discusses the impact of new reform tax rates on business valuations. Jeremy specializes in business valuations, forensic accounting and litigation support engagements, succession planning, and management consultation services. Whether it be a business or an individual, we are taxed on the income earned. One [...]

Announcement: New Firm Name and Logo

By |2018-05-31T08:08:45+00:00May 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 [...]

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

By |2018-07-12T09:09:23+00:00May 22nd, 2018|Change, Deductions, IRS, Saving, TAX, Tax Planning, Tax Reform|

Monica Sullivan, CPA and Partner at TDT, provides an overview between S and C Corporations and their associated tax reforms. Monica brings more than 23 years in diverse tax, financial, and business consulting experience to the firm.  Monica specializes in serving privately held companies and their owners through comprehensive tax planning including significant experience in individual, [...]

Deductibility of Alimony Going Away

By |2018-08-07T14:26:43+00:00May 1st, 2018|Advisory, Business Valuation, Change, Deductions, Litigation Support, Tax Planning|

Jeremy Green, MBA, CPA, ABV, CFE, CFCI, and Senior Forensic & Valuation Associate at TDT, discusses the recent federal tax law changes of alimony payments and how that impacts involved parties. Jeremy specializes in business valuations, forensic accounting and litigation support engagements, succession planning, and management consultation services. Due to recent changes in federal tax law [...]

Tax Time with TD&T: UNICAP Exemptions Expanded

By |2018-02-27T14:21:36+00:00February 27th, 2018|Change, IRS, Manufacturing, TAX, Tax Reform|

In this episode of Tax Time with TD&T, Amie Kuntz shares a bit on the tax reform changes in regard to UNICAP. Amie is a Tax Manager in the TD&T West Des Moines Office spending her time working with closely-held companies throughout Iowa. In a quick summary, UNICAP is short for the Uniform Capitalization rules [...]

Tax Reform: What’s in it and How Will it Affect You?

By |2018-02-27T14:19:54+00:00February 9th, 2018|Change, Deductions, Preparation, TAX, Tax Reform|

On December 20th, 2017 Congress passed a sweeping overhaul of our tax code. The ‘Tax Cuts and Jobs Act’ revises a significant portion of tax law that affects almost all taxpayers in some way. Below is a listing of a few significant tax provisions that will change. Please note that most of these changes take [...]