Meeting with your accountant can be a stressful endeavor. They often use terms that non-accountants may not understand. The following is a list of terms that can help you better understand what your accountant is talking about the next time…
Introduction As the 2024 tax season comes to an end, there is an important reminder for farmers about their tax obligations. For those opting out of making estimated tax payments in January, it’s crucial to be aware of the upcoming…
We are thrilled to announce the newest addition to our team, Leslee Porath, who joins us as an Administrative Assistant. Leslee will be one of the first friendly faces you see when you walk through our front door, ready to…
Welcome to Our Team: Meet Our New Bookkeeping and Payroll Specialist! We’re thrilled to welcome a new member to our team as we gear up for the end of the year! Please join us in extending a warm welcome to…
It’s that time of year again to begin thinking about who should receive 1099 forms. As a general rule, 1099 forms should be issued to all vendors who are paid $600 or more throughout the year for rent or services…
We are thrilled to welcome back a familiar face to our office. Alicia Garrett, rejoins our BakerStarrett team with 5 years of tax experience. Alicia graduated from UNI with an Accounting & Business Administration degree. She is excited to be…
October is here, and with it comes the realization that the end of the year is just around the corner. For many farmers and business owners, this season brings a critical focus: tax planning. With only a few months left…
In the world of business, having clients sign an engagement letter is a common practice. But what exactly is an engagement letter, and what does it contain? Let’s delve into the details and understand how these letters benefit both you…
One of my colleagues attended the 2024 State Fair and mentioned that they visited the “Great Iowa Treasure Hunt” table staffed by the Iowa State Treasurer. I knew about the program but discounted it as not relevant to me. They…
We are excited to bring another new, yet familiar face back to our office. Ashlyn Stallman interned for BakerStarrett a few years back and has returned to a more defined role. Ashlyn grew up and graduated high school in Grinnell,…