News and Alerts

//News and Alerts

Stay up to date with latest accounting, tax, and consulting news! Dean Dorton's experts let you know the latest industry and emerging accounting and tax information and most importantly how it will affect you and your business.

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

January 19th, 2017|

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 [...]

What Healthcare Changes and Implications Should We Expect Under Trump?

January 17th, 2017|

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 [...]

Help Prevent Tax Identity Theft by Filing Early

January 12th, 2017|

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 [...]

Team Member Spotlight: Mike McCreary

January 11th, 2017|

Service Group: Accounting & Financial Outsourcing and Tax Years with Dean Dorton: 9 Years in Accounting Industry: 22 Favorite thing about Dean Dorton: My favorite things are the people (both clients and staff) and the relationships I have [...]

Employee vs. Contractor

January 10th, 2017|

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

January 9th, 2017|

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 [...]

Forecasts and Projections

January 5th, 2017|

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 [...]

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

January 4th, 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 [...]

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

December 30th, 2016|

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 [...]

Few Changes to Retirement Plan Contribution Limits for 2017

December 29th, 2016|

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 [...]

IRS Extends 1095-C and 1095-B Deadline

December 27th, 2016|

In November, the IRS extended the deadline for employers to furnish Forms 1095-C and/or 1095-B to employees and covered individuals. The forms, which are required under the Affordable Care Act’s employer reporting mandate, are [...]

Want to Save for Education? Make 2016 ESA Contributions by December 31

December 20th, 2016|

There are many ways to save for a child’s or grandchild’s education. But one has annual contribution limits, and if you don’t make a 2016 contribution by December 31, the opportunity will be lost forever. [...]

Bill Kohm Appointed to the Reclamation Guaranty Fund Commission

December 19th, 2016|

Bill Kohm, Director of Assurance Services, was appointed to serve on the Reclamation Guaranty Fund Commission for the Commonwealth of Kentucky by Governor Matt Bevin. Bill will represent certified public accountants, serving a term expiring July [...]

Can You Pay Bonuses in 2017 but Deduct Them This Year?

December 15th, 2016|

You may be aware of the rule that allows businesses to deduct bonuses employees have earned during a tax year if the bonuses are paid within 2½ months after the end of that year (by [...]

Key Tax Filing Deadlines Changed

December 15th, 2016|

Due dates for certain tax returns for the 2017 tax filing season (returns for 2016) and beyond have been changed. The changes, based on the tax year being the calendar year, are highlighted in [...]