How Do I Start A Business?

So you’ve done your research, you have your business plan and finances figured out. What’s the next step in starting your own business? Next up is choosing a business entity. You have several options to choose from and they include: a sole proprietorship, a limited liability company (LLC), a partnership, or a corporation. The structure… Read More

Welcome Kourtney Krumm

Kourtney Krumm is the newest member of our T.L. Baker Co., LLP team. Kourtney earned her bachelor’s degree from Iowa State University, graduating in May of 2017 with a bachelor’s degree in Accounting and Management with a minor in Agricultural Business. Currently, she is in the process of obtaining her CPA certification. She will spend… Read More

Celebrating 5 Years

Today, T. L. Baker & Co., LLP is celebrating our 5th year of service. We thank our clients and employees for their contributions to our continued success. Over the past 5 years we have worked towards our goal to be “More than your typical accounting firm”. Our dedicated team has over 90 years of combined… Read More

Scammers Target Students

Are you a student, or know of a student? Please beware that scammers are now targeting students with a “Federal Student Tax”. There is no such thing as this. Please, please, please DO NOT give out any personal information to an IRS Impersonator demanding payment on this. The impersonators have even gone as far as… Read More

College in Fall of 2017?

Do you have a child going off to college in the fall of 2017? Be aware they are making the application for FAFSA available to you October 1st and you will be using your 2015 tax information for students applying for the 2017-18 school year. These changes should help prevent the scramble in the spring… Read More

Back To School Tax Savings

It’s back to school time! This week has been full of first day pictures, nervousness for both parents and kids, and the first of the last for those seniors! We wanted to make sure you remember some tax advantages for parents with kids in grades K-12 in Iowa. Yep, there’s a tax credit for that!… Read More

Beginning Farmer Tax Credit

Have you ever heard of the Beginning Farmer Tax Credit? Maybe you didn’t think you qualified or you thought it looked like too much work. The Beginning Farmer Tax Credit is designed to secure leased land and to help young farmers get lower rent rates and in return the landowner gets a tax benefit on… Read More

Denver to the Smoky Mountains

Every year we try to make it to at least one national conference focusing on the new tax laws & regulations and updates in the agricultural world. This year we were fortunate enough to attend two conferences. Back in May, Tim and Lisa attended the Agriculture Conference that was hosted by the AICPA (American Institute… Read More