Tax

/Tax

Should I Prepay My Property Tax?

We have received several calls this week about prepaying 2018 property tax by December 31, 2017 in light of the cap on deductibility of those taxes that will be in place for 2018. Kentucky does not have [...]

December 28th, 2017|Tax|

Tax-Exempt Implications of Tax Cuts and Jobs Act

By Allison Carter, CPA The current bill for the Tax Cuts and Jobs Act, which was signed by President Trump on Friday, has several provisions impacting tax-exempt organizations. Below is a brief overview of [...]

December 28th, 2017|Tax, Tax Cuts and Jobs Act|

Federal Tax Reform as of December 20, 2017 – Equine Industry Focus

By Jen Shah, CPA · Equine Industry Team Leader Federal tax reform is upon us and, while most provisions in the current bill are effective for calendar years beginning in 2018, there [...]

December 20th, 2017|Equine, Tax, Tax Cuts and Jobs Act|

Tax Cuts and Jobs Act Summary To-Date

On Friday evening, congressional Republicans released the final version of their tax overhaul plan. The plan will be voted on this week with the goal of President Trump signing the bill into law before [...]

December 18th, 2017|Tax, Tax Cuts and Jobs Act, Wealth & Estate|

House and Senate Tax Bills Have Passed the First Hurdle

On November 16, 2017, the Republican-led House of Representatives passed the Tax Cuts and Jobs Act in a 227-205 vote. The Republican-led Senate passed their own version of tax reform on December 2, 2017 by [...]

December 6th, 2017|Tax|

Team Member Spotlight: Mike Harbold

Focus Area: State and local tax Years with Dean Dorton: 10 Years in Accounting Industry: 24 Favorite thing about Dean Dorton: Walking into an empty Louisville office 10 years ago (when we grew into the Louisville market) [...]

November 29th, 2017|Tax, Uncategorized|

Dean Dorton Welcomes Erica Horn, CPA, J.D.

Dean Dorton is proud to announce the addition of Erica L. Horn, CPA, J.D. Erica joins Dean Dorton as an Associate Director of Tax Services, based out of the Lexington office, significantly growing the [...]

October 2nd, 2017|Tax, Uncategorized|

Beware of a New Email Phishing Scheme

The Internal Revenue Service warned people to avoid a new phishing scheme that impersonates the IRS and the FBI as part of a ransomware scam to take computer data hostage. The IRS said: "The [...]

September 1st, 2017|Tax, Technology|

Estate Tax Portability Election: Simplified

Effective June 9, 2017, Revenue Procedure 2017-34 provides a simplified method whereby certain estates can obtain an extension of time to make an estate tax portability election. The simplified method is only available to estates [...]

July 26th, 2017|Tax, Wealth & Estate|

Team Member Spotlight: Leigh McKee

Service Areas: Wealth and Estate, International, Tax Exempts Years with Dean Dorton: 21 Years in Accounting Industry: 21 Favorite thing about Dean Dorton: In my interview with the firm 21 years ago, Richard Dorton asked me [...]

June 19th, 2017|Tax|