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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Tax Cuts and Jobs Act: Employee Benefits

January 10th, 2018|

What is Changing? Over the coming weeks, we will be sending out more details relating to the new tax law. Given the volume of changes, we will be releasing a more detailed review of [...]

Meltdown and Spectre: The Newest Computer Security Vulnerabilities

January 9th, 2018|

Recent news reports have highlighted computer security vulnerabilities being referred to as Meltdown and Spectre. Computer researchers have found out that the main chip in most modern computers—the CPU—has a hardware bug. It's really [...]

Should I Prepay My Property Tax?

December 28th, 2017|

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 [...]

Tax-Exempt Implications of Tax Cuts and Jobs Act

December 28th, 2017|

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 [...]

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

December 20th, 2017|

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 [...]

New Year, New Revenue Recognition Considerations

December 19th, 2017|

When do you recognize revenue from contracts with customers? What was once an easy question to answer is now one that will soon require a multi-step analysis. For private entities, Accounting Standards Update (ASU) 2014-09 [...]

Tax Cuts and Jobs Act Summary To-Date

December 18th, 2017|

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 [...]

Swing Bed Reimbursement Cuts at Critical Access Hospitals Proposed Again

December 11th, 2017|

The House’s latest Medicare extenders bill, proposed by Rep. Kevin Brady, chairman of the Ways and Means Committee, would extend several Medicare payment provisions sought by rural hospitals. Medicare payment programs such as the Medicare [...]

Doug Dean Inducted Into Bluegrass Business Hall of Fame

December 8th, 2017|

On May 24, 2018, Doug Dean will be inducted into Junior Achievement's Bluegrass Business Hall of Fame. The late William R. Embry, Jr., Lillian H. Press, and Austin J. Simms will also be inducted. [...]

House and Senate Tax Bills Have Passed the First Hurdle

December 6th, 2017|

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 [...]

Jim Tencza is Named New Louisville Market Leader

December 5th, 2017|

Dean Dorton has named Jim Tencza as Louisville Market Leader, effective October 1. In this role, Jim will direct the strategy and operations of Dean Dorton’s Louisville office. Jim will succeed Gwen Tilton who [...]

Team Member Spotlight: Mike Harbold

November 29th, 2017|

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) [...]

Employee Corruption Fraud…

November 9th, 2017|

...What's the Big Deal? Issued by AICPA FLS Fraud Task Force Lead Author: Elizabeth Woodward, CPA/CFF Corruption is defined as “dishonest or illegal behavior, especially by powerful people such as government officials or police [...]

Identifying Revenue Leaks Within the Medical Practice

October 23rd, 2017|

In an era where reimbursement is shifting towards quality care and patient outcomes, it is necessary for medical practice executives to take a fresh look at their business processes to ensure potential collections are [...]

Tax Relief for Marginal Well Producers

October 18th, 2017|

Do you need to amend your income tax return? Article by Bert Layne, CPA, Manager of Tax Services Natural gas producers and investors in the Appalachian Basin have been disappointed for a number of years [...]