WHERE’S THE BEEF??
When you get a first glimpse of the Form 1040 for 2018, this is the first question you might ask yourself. Where is the beef to the 1040 form?
News from Social Security Administration
The Social Security Administration released their final numbers. They continue to raise the new limit that you must pay Social Security/ Self employment tax on. The maximum base increases to $132,900 in 2019 (from $128,400 in 2018). This will result…
Welcome Daniel Rodrigues!
Daniel Rodrigues has recently joined the T. L. Baker & Co., LLP team! He brings over 10 years’ experience in the technology field to our team.
Per Diem Rate for Truckers
Notice 2018-77 just released the new 2018-2019 special per diem rates for those in the transportation industry. The new meal and incidental expenses (M&IE) rates for truckers is $66 per day. This is up from 2017 where the rate was…
Payroll 101
If your business has employees, you’ll have to do payroll. There’s no way to avoid it, but what really is payroll? There are 4 basic components to payroll: Paying employees compensating employees for the work they do Withholding and paying…
Iowa Small Business Summit
You’re invited to attend the Iowa Small Business Summit on September 6th in Grinnell, Iowa where you will join other small business owners/managers at this free event. Meet one of the people behind the summit and learn what will help make…
A Girl On a Mission
This past April I had the opportunity to go on a medical mission trip to Honduras. As scary as that sounds, it was absolutely amazing. While we were there, we helped hundreds of people, families who had nothing, that were…
Welcome Ashlyn Nordyke
Ashlyn Nordyke is the newest member to the BakerStarrett team. Ashlyn earned her bachelor’s degree from the University of Northern Iowa, graduating in May of 2018 with a bachelor’s degree in Accounting with a minor in Spanish. Currently she is…
Welcome Connie Scurr!
Connie Scurr recently joined the BakerStarrett team in April of this year. Connie brings over 30 years’ experience to her position. Her primary experience includes various accounting services in the manufacturing industry. 12 of those years were spent as a…
Four Score and Seven Years of Tax Reform
In early June, Tim and I had the opportunity to attend a two – day conference on farm income tax and estate planning out in Shippensburg, Pennsylvania, which is approximately 30 miles west of Gettysburg. At the forefront of tax…