Tax

/Tax

Throw a Company Picnic for Employees This Summer and Enjoy Larger Deductions

Many businesses host a picnic for employees in the summer. It’s a fun activity for your staff and you may be able to take a larger deduction for the cost than you would on other [...]

By | June 23rd, 2016|Tax|

Combine Business Travel and a Family Vacation Without Losing Tax Benefits

Are you thinking about turning a business trip into a family vacation this summer? This can be a great way to fund a portion of your vacation costs. But if you’re not careful, you could [...]

By | June 8th, 2016|Tax|

Stock Market Volatility Can Cut Tax on a Roth IRA Conversion

This year’s stock market volatility can be unnerving, but if you have a traditional IRA, this volatility may provide a valuable opportunity: It can allow you to convert your traditional IRA to a Roth IRA [...]

By | May 31st, 2016|Tax|

Dean Dorton Gives Back to the University of Kentucky and Lexington Business Community

Meet the Players Bill Kohm, audit director for Dean Dorton and a 1996 University of Kentucky (UK) graduate, has led more than 20 UK accounting students through real-world internal audit projects over the past [...]

Maximizing Investment Value

In our last newsletter, Determining and Increasing Business Value, we discussed the three primary approaches to valuing a business. We described how value hinges on projected cash flows and risks associated with achieving them. And, we [...]

How Many Employees Does Your Business Have for Affordable Care Act Purposes?

It seems like a simple question: How many full-time workers does your business employ? But, when it comes to the Affordable Care Act (ACA), the answer can be complicated. The number of workers you employ [...]

The Red Flag Report

In today's regulatory environment, companies must be proactive in addressing environmental and safety concerns. A third-party hotline encourages disclosure of critical issues and protects both the company and its employees. Voluntary Protection Program Act OSHA's [...]

Final Fair Labor Standards Act (FLSA) Overtime Regulations Released

Today the Department of Labor (DOL) finally released  their much-anticipated overtime rule. This new regulation has been put in place to transform mid-level, salaried FLSA-exempt positions into hourly, non-exempt, overtime-eligible positions. Listed below are the key [...]

Understanding the Tax Consequences of a Home Sale

Putting your home on the market? As the school year draws to a close and the days lengthen, you may be one of the many homeowners who are getting ready to put their home on [...]

By | May 17th, 2016|Real Estate, Tax|