Stimulus Package Provides Relief for Small Business
Neil Zinser CPA, Tax Partner On Monday December 21, 2020, the House and Senate approved the Consolidated Appropriations Act, 2021. The contents of the five thousand plus page bill include government spending provisions, COVID-19 related relief to small business and... Read More →
IRS Audit Notice: What do I do?
Dustin Wells EA, Tax Specialist First, if you ever receive an IRS letter in any form you should contact your tax professional and provide them with a sufficient copy of the correspondence as soon as you get the letter or... Read More →
Biden’s Tax Plan: A Closer Look
Matt Hagan, Staff Accountant 2021. The year we’ve all been waiting for… well, at least for the past several months. A worldwide pandemic, civil unrest, and record breaking natural disasters have all shown up. I think it’s safe to say,... Read More →
What to Know About Filing for Bankruptcy
About one million Americans file for personal bankruptcy each year, with one in 10 households having filed at some point. Given the loss of jobs, reduced income and the coronavirus recession in 2020, those numbers could increase this year if... Read More →
COVID-19 Vaccination Considerations for Employers
Looking at a 2009 letter from the U.S. Department of Labor, Occupational Safety and Health Administration (OSHA), employers may be able to require their employees to take the COVID-19 vaccine, with a few exceptions (such as the likelihood of a... Read More →
How Will the Biden Administration’s China Policy Impact Markets?
The Obama and Trump administrations couldn’t have had a more different approach when it came to U.S. relations with China. As the Institute for China-America Studies (ICAS) explains, under the Obama administration, the United States favored a trade and investment... Read More →
Paying the Price for Vice: The Evolving Landscape of Excise Taxes in America
While excise or vice taxes have long been a part of the American tax landscape related to alcohol and cigarettes, the recent invention of vaping and legalization of marijuana and other substances is changing the landscape. What Are Excise Taxes?... Read More →
Deciding if a Roth IRA Conversion is for You
Roth IRAs can be a powerful tax tool, but they are often misunderstood and misused. Investment income in Roth IRAs compound tax-free and most distributions are tax-free as well. Another benefit is that there are no required minimum distributions (RMDs)... Read More →
Standalone 5G Networks: Potential Vulnerabilities that Could Result in Denial of Service for Customers
5G networks promise high speeds, lower latency and more robust security compared to their predecessors – and this has created a lot of buzz. As a result, there is a lot of competition among operators to roll out the network... Read More →
Looking Ahead to 2021: Hope is Not Canceled
Despite the fresh start that a new year promises, our world hasn’t changed much since last March. We’re still living in a new normal. We’re masking up, working (and schooling) from home and social distancing. Furthermore, scores of community events... Read More →
Strothman and Company to Merge with Charles W. Ward III, CPA
December 18, 2020. Strothman and Company of Louisville, Kentucky is pleased to announce our merger with the CPA practice of Charles W. Ward III, CPA. Mr. Ward will be based in our Downtown Louisville office at 325 West Main Street.... Read More →