deandorton

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About deandorton

Dean Dorton is a leading Kentucky-based regional accounting firm with a storied history of serving the needs of the surrounding community. We blend innovative business thinking, attentive personal service and an unyielding commitment to accuracy, quality and timeliness providing world-class expertise to our clients.

Deduction for State and Local Sales Tax Benefits Some, But Not All, Taxpayers

The break allowing taxpayers to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes was made “permanent” a little over a year ago. This break can [...]

By | January 19th, 2017|Tax|

Have You Responded to the DOE’s Warnings About Cybersecurity?

The United States Department of Education (DOE) has sent friendly notices for two years in a row reminding colleges and universities of their requirement to comply with the strict guidelines for protecting student financial [...]

By | January 19th, 2017|Higher Education, Technology|

What Healthcare Changes and Implications Should We Expect Under Trump?

As expected, much of Presidential debate involved healthcare issues and, specifically, Trump’s wish to repeal the Affordable Care Act (ACA). But what will be the effect of repealing the ACA? Rand Corp reports that [...]

By | January 17th, 2017|Healthcare, Uncategorized|

Help Prevent Tax Identity Theft by Filing Early

If you’re like many Americans, you might not start thinking about filing your tax return until close to this year’s April 18 deadline. You might even want to file for an extension so you don’t [...]

By | January 12th, 2017|Tax|

Employee vs. Contractor

Third party relationships have become more important as companies look to leverage outside expertise. As relationships evolve, management needs to keep a close eye to determine if the third party contractor has become [...]

2017 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply [...]

By | January 9th, 2017|Tax|

Forecasts and Projections

The use of prospective financial statements continues to grow as companies require their use to obtain financing and raise capital. Now more than ever, sophisticated investors and bankers want to know what “will” rather [...]

By | January 5th, 2017|Healthcare, Higher Education|

Despite Industry Headwinds, U.S. Manufacturers are Optimistic, Expecting Revenue Growth in 2017

According to Leading Edge Alliance National Manufacturing Outlook Survey We are excited to release the results from the 2017 Leading Edge Alliance (LEA Global) National Manufacturing Outlook Survey. With more than 250 [...]

By | January 4th, 2017|Manufacturing & Distribution|

Why Making Annual Exclusion Gifts Before Year End Can Still Be a Good Idea

A tried-and-true estate planning strategy is to make tax-free gifts to loved ones during life, because it reduces potential estate tax at death. There are many ways to make tax-free gifts, but one of the [...]

By | December 30th, 2016|Tax|

Few Changes to Retirement Plan Contribution Limits for 2017

Retirement plan contribution limits are indexed for inflation, but with inflation remaining low, most of the limits remain unchanged for 2017. The only limit that has increased from the 2016 level is for contributions to [...]

By | December 29th, 2016|Tax|