Meet our Newest Quickbooks ProAdvisor

We’re proud to announce that Ashlyn Nordyke, became a Certified ProAdvisor for QuickBooks Online this month. As part of her training for the certification and exam, Ashlyn completed seven separate training modules, learning extensively about the sophisticated abilities built in to QuickBooks Online.  At T. L. Baker & Co., LLP we have 5 total QuickBooks… Read More

Family & Medical Leave Credit for Employers

Buried in the deep dark depths of the tax law passed in December 2017 was a great little benefit for those employers that are offering paid family or medical leave to workers annually. To be eligible, you must meet these requirements: You (the employer) must have a written policy that requires at least 50% pay… Read More

News from Social Security Administration

The Social Security Administration released their final numbers.  They continue to raise the new limit that you must pay Social Security/ Self employment tax on. The maximum base increases to $132,900 in 2019 (from $128,400 in 2018). This will result in additional FICA tax of $558 for the self employed if your earnings are above… Read More

Per Diem Rate for Truckers

Notice 2018-77 just released the new 2018-2019 special per diem rates for those in the transportation industry. The new meal and incidental expenses (M&IE) rates for truckers is $66 per day. This is up from 2017 where the rate was $63 per day. The new rate is in effect for meals on or after October… Read More