Payroll 101

If your business has employees, you’ll have to do payroll. There’s no way to avoid it, but what really is payroll? There are 4 basic components to payroll: Paying employees compensating employees for the work they doWithholding and paying taxes both employee and employer taxesReporting to the governmentboth state and federalMaintaining labor compliance minimum wages,… Read More

Iowa Small Business Summit

You’re invited to attend the Iowa Small Business Summit on September 6th in Grinnell, Iowa where you will join other small business owners/managers at this free event. Meet one of the people behind the summit and learn what will help make your small business the best it can be. From marketing to advertising to media relations to… Read More

A Taste of Taxes in Texas

In June, I had the opportunity to attend a three-day conference hosted by the National Restaurant Association for financial officers and tax executives in San Antonio, Texas. The first day of the conference focused on the restaurant industries trends and showed us how to have constructive engagement through awareness windows to become better leaders. The… Read More

Four Score and Seven Years of Tax Reform

In early June, Tim and I had the opportunity to attend a two – day conference on farm income tax and estate planning out in Shippensburg, Pennsylvania, which is approximately 30 miles west of Gettysburg.  At the forefront of tax law for 2018 will be the Tax Cuts and Jobs Act.  Or as it is… Read More

Section 529 College Savings Plans – Are they worth the hassle?

529 plans became popular years and years ago. For many parents (and grandparents/others too!), they’re a great way to save back some tuition money for kids, in preparation for that ever increasing college cost. 529 plans grow tax free, and when the money is taken out of the account for higher education purposes, it is… Read More