By Andy Knutson, CPA In 2017, we worked with a construction subcontractor that had struggled with profitability in recent years despite many project successes. The company’s bonding agent, who was concerned about the situation, had requested a reviewed financial statement and referred us to provide it. During our initial meeting with the owners and their […]
SECURE Act – Simplified
By Todd Koch, CPA, MBT, CFP We’re here today to talk about the SECURE Act. The SECURE Act actually has some nice benefits for tax payers. One of the things it did is if you are seventy and a half after 2019, you can wait until your 72 to start your required minimum distributions. […]
Look Who’s Back – The Deductions
By Todd Koch, CPA, MBT, CFP When the government passed the spending bills at the end of December they also passed a bunch of tax provisions. Beyond the SECURE Act, there also are the extenders. The extenders are provisions that had sunsets in the past that they want to bring back. There are new deductions […]
Quick Reference Guide: What to Do When Someone Passes
By Cindy McLagan, EA The overwhelming emotions you may experience after losing a loved one are difficult enough. Add in the task of handling their personal affairs, and the situation can begin to feel downright discouraging and intimidating. To help you through the process, I’ve assembled a list of tasks you can use as a […]
How To Confirm You Are Working With The Right Accounting Firm
By Kyla Hansen, CPA, CVA When you hire an accounting firm or a CPA, you’re essentially trusting someone else with your taxes and financials. Needless to say, this is a big deal. It’s important that your provider is well qualified and equipped to help you comply with tax regulations and make sound decisions about […]