Insights
Tax Breaks for Helping Relatives
It’s not uncommon for adult children or siblings to act as caregivers for family members…
How to Catch Up on Your Retirement
If you’re 40 or 50 and aren’t where you’d like to be in terms of…
Are Retail Reports a Sign of a Slowing Recovery?
As the U.S. Census Bureau reported on Aug. 17, retail sales fell by 1.1 percent…
What is a Net Zero Economy?
President Biden re-entered the United States in the Paris Agreement. This is an international treaty…
How and Why to Develop a Bring-Your-Own-Device Policy
With the internet available for essentially all employees and remote work becoming a part of…
Strothman and Company Names Sarah Waskey, CPA, Chief Operating Officer
Strothman and Company is pleased to announce that Sarah Waskey, CPA, has been named Chief…
Coronavirus State and Local Fiscal Recovery Funds
In May 2021, the U.S. Department of the Treasury announced the launch of the Coronavirus…
Selling Real Estate in 2021? First, Know the Tax Considerations
Many of us have heard that the real estate market is currently a “sellers” market…
August Economic Update
U.S. Markets Last month, the stock market posted a solid gain, overcoming investors’ fears of…
The Tax Implications for High School and College Athletes
By now, many of you have heard the news about Name, Image, and Likeness (NIL) interim policy has…
Making Your Property Energy Efficient Can Make You Money
The 179D tax deduction and 45L tax credit are energy efficient tax incentives that can…
Microsoft 365 Makes Life Easier If You Do These Best Practices
Because we help businesses find solutions (that’s our name, after all) we often show others…
Technology Driven Accounting: How to Prepare Staff for a New Age in Accounting
Technology has no doubt changed the traditional way of doing things. Businesses and professionals are…
HSA: Save it for Retirement
According to Fidelity Investments, the average 65-year-old couple retiring today will need about $300,000 for…
How to Turn a Summer Job into a Tax-Free Retirement Nest Egg and More
Tis the season for summer jobs for high school and college kids. These seasonal jobs…
Will Increasing Oil Prices Put a Ceiling on Global Economic Growth?
According to the U.S. Energy Information Administration’s Short-Term Energy Outlook, the June price of $73…
Strothman and Company Awarded “Best Places to Work in Kentucky 2021”
Strothman and Company is elated to be named one of the 2021 recipients of the…
Mining Virtual Currency: What Are the Tax Implications and Consequences?
In May’s newsletter, we addressed virtual currencies and, more specifically, the tax consequences and recognition…
July Economic Update
Strothman Wealth Care U.S. Markets Stocks moved higher last month as investors looked past accelerating…
3 Reasons Why Insurance Agencies Are Rewriting the Rules on Cybersecurity
It wasn’t that long ago that cybersecurity insurance was more of a precaution than a…
Audits in Accounting: Improving Audit Quality with Data Analytics
Auditing is crucial to ensure the accuracy and fairness of financial information. However, one of…
How to Develop a Hybrid Work Policy Post-Pandemic
According to a Prudential survey, 87 percent of respondents said they would prefer to work…
5 Tips for Going Back to the Office
Slowly, our world is changing. A percentage of the population has been vaccinated and many…
Restricted Stock & RSUs: 3 Planning Tips
Equity compensation is becoming more mainstream and is not just for executives anymore. Grants of…