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 →
Tax Alert – Expenses Paid with PPP Loan are Now Deductible
Late Monday night, the House and Senate voted in favor of the Consolidated Appropriations Act, 2021 (Act) to provide direct aid to small businesses and individuals. One of the big items many taxpayers and practitioners were looking for was a... Read More →
Strothman and Company Names CPA Chantelle Engle Partner
Strothman and Company is pleased to announce that CPA Chantelle Engle has been promoted to Partner. Operating out of the firm’s Middletown office, Chantelle provides a wide array of services for closely-held businesses and their owner management teams to include... 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 →
PPP Loans: IRS Continues to Ignore Congress’ Intentions
Neil Zinser, Partner To help stimulate the economy and provide financial assistance to individuals and businesses, the CARES Act (“Act”) was signed into law and the Paycheck Protection Program (“PPP”) Loan was introduced. Qualifying businesses were able to apply for... Read More →
The Impact of the Families First Coronavirus Response Act (“FFCRA”)
Samuel Haynes, Advanced Staff Accountant As our country braces for a challenging winter, the impact of the Covid-19 Pandemic continues to be felt. One of the main areas that many working families have had to adjust to is caring for... Read More →
Possible Shake-Ups in Real Estate
Kent von Nostitz, Advanced Staff Accountant The world of real estate will always have its ups and downs and 2020 has been no exception. Looking ahead to next year with a new administration there are many changes expected that will... Read More →
Every Taxpayer Has a Right to IRS Representation
Dustin Wells, Tax Specialist The IRS has grouped all Taxpayer rights under the law into the Taxpayer Bill of Rights (Publication 1). Within this bill of rights includes the right to retain representation if audited or contacted by the IRS.... Read More →
Student Loan Debt-Forgiveness Will Lead to More National Debt, Inflation
Dustin Wells, Tax Specialist Do you remember the American housing market crash in 2008? Or the American home mortgages defaulting and the economy via the stock market crash in 2008 through 2009? Do you remember the federal government basically bailing... Read More →
Amazon: The New Mall
Dustin Wells, Tax Specialist The new Amazon shopping experience is coming and it’s transforming the way now some and possibly most of us used to shop at the mall. Recently, I came across a WSJ article released in August of... Read More →
Strothman and Company Named a Finalist for the 2020 Inc.credible Awards
Strothman and Company is proud to announce that our Firm has been named a finalist for the 2020 Greater Louisville, Inc. (GLI) Inc.credible Awards. Each year, the awards recognize and celebrate the achievements of greater Louisville’s small businesses and their... Read More →
Are We at The Crossroads- What Will Be the First Domino?
Matthew Saltzman, Partner and Director of Strategic Advisory Services As we close the books on the third quarter of 2020 and begin to look at the end of what has been the most challenging year of my 35-year career, there... Read More →
Are You On Track to Reach Your Financial Goals?
Ryan Antepenko, Strothman Wealth Care AIF Financial Advisor October is National Financial Planning Month and is a great time to review your financial plan if you have one, or create one if you don’t. How prepared are you to retire?... Read More →
The Wealth Tax ‐ Part 4: Implications
Dustin Wells, Tax Manager Now that we have a better understanding of the wealth tax and its general implications on the American wallet, the “wealth” it will be levied against, and how the wealth tax projects will be applied initially... Read More →
Residential Real Estate Market Remains Stable Amidst Pandemic Crisis
Rob Clements, Staff Accountant Since March of this year, the U.S. economy and all industries therein have in some way, shape or form been affected by the long reach of COVID-19. The pandemic has triggered chaos across the country as... Read More →
Strothman and Company recognized as one of the fastest-growing local businesses in 2020 by Louisville Business First
Strothman and Company has made the 2020 Louisville Business First Fast 50 list! This list honors the 50 fastest-growing private companies in Greater Louisville each year. This marks Strothman and Company’s third inclusion on the prestigious Fast 50 list, having... Read More →
Construction Project Updates
Meaghan Reynolds, Partner I noticed a construction news headline recently that mentioned that money is available for new projects, but that few of these projects are breaking ground (i.e., COVID-19). Out of interest, I checked to see what larger projects... Read More →