Insights
How AI Chatbots are Transforming Businesses
When a business moves its services online, it runs the risk of losing the close…
Partner Meaghan Reynolds Featured in 20 People to Know in Accounting 2021
Congratulations to Partner Meaghan Reynolds who has been featured in the Louisville Business First’s Top…
Financial Fraud: Early Occurrences
In working closely with a variety of audit clients over the years, I have noted…
Monthly Economic Update
In this month’s recap: As the month came to a close, stocks were mixed as…
Tax Professionals Can Now Submit Form 2848/8821’s to IRS Online
Per IRS Issue IR-2021-20 dated January 25th, 2021, accounting and tax professionals can now submit…
The Real President Biden Tax Plan
It is now clear President Biden and his administration have decided to govern from a…
IT Corner: Cybersecurity
Cybersecurity is a never-ending battle. You may think your company is safe, but the fact…
Business Process Management Systems Provide Variety of Benefits to Owners
All businesses have one thing in common, and that is processes. Business processes – whether…
While Many Suffer Financially, Some Manage to Profit off Pandemic
The Federal Reserve recently reported that the 50 richest people in the United States increased…
How Will Single Party Governing Impact the Markets in 2021?
About four in 10 Americans (41 percent) look positively toward single-party control at the national…
How to Budget During a Pandemic
Right now with everything that’s going on, navigating your finances might feel overwhelming. However, there…
Top Three Financial Resolutions for the New Year
Stimulus Package Provides Relief for Small Business
On Monday December 21, 2020, the House and Senate approved the Consolidated Appropriations Act, 2021….
IRS Audit Notice: What do I do?
First, if you ever receive an IRS audit notice or IRS letter in any form…
Biden’s Tax Plan: A Closer Look
2021. The year we’ve all been waiting for… well, at least for the past several…
What to Know About Filing for Bankruptcy
About one million Americans file for personal bankruptcy each year, with one in 10 households…
COVID-19 Vaccination Considerations for Employers
Looking at a 2009 letter from the U.S. Department of Labor, Occupational Safety and Health…
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…
Deciding if a Roth IRA Conversion is for You
Roth IRAs can be a powerful tax tool, but they are often misunderstood and misused….
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…
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…
Looking Ahead to 2021: Hope is Not Canceled
Despite the fresh start that a new year promises, our world hasn’t changed much since…
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,…
Strothman and Company Names CPA Chantelle Engle Partner
Strothman and Company is pleased to announce that CPA Chantelle Engle has been promoted to…