SECURE 2.0 will usher in many changes for retirement plans and IRAs over the next several years. Amid the 1,650-page, $1.7 trillion omnibus spending legislation passed by Congress last week and signed by President Biden were several provisions affecting work-sponsored retirement plans and, to a lesser degree, IRAs. Dubbed the SECURE 2.0 Act of 2022 […]

With Social Security benefit payments increasing nearly 9% this year, you may need to rethink your retirement tax planning. INCOME MATTERS If you started working part-time to offset some of the recent price inflation, this increase in your Social Security payments might make some or more of it subject to federal income taxes. If you […]

“What is my optometrist practice worth?” This is a question we get frequently from the medical community, and optometrists are no different.  Today and in the near future, there are a large number of professionals retiring nationwide who are curious about the worth of their business. The unfortunate part is that most optometrists don’t know […]

The new year means it’s time to make your resolutions. But it also means another tax season is here. Take time in January to get organized to make tax filing smooth for you and your tax professional. ORGANIZE YOUR FORMS You’ll receive the bulk of your tax forms by January 31. But if you believe […]

Purchasing a farm may seem like a good investment opportunity. However, with further analysis, the net return is often much lower than anticipated. This typically happens because investors also view agricultural land as a stable investment. Not to worry — there are ways to immediately improve the ROI on the land through potential tax benefits. […]

This Recorded Webcast, featuring our CPAs – Clint Weeder and Andrew Steffensmeier, explains the ERC and helps business owners determine whether their business qualify and the different ways to qualify. Please also check out the Employee Retention Credit: Fact or Fiction Resource below.

You can view more information on Medicare benefits in the Medicare & You 2023 Handbook and access a Medicare plan finder tool that allows you to compare health and drug coverage options at medicare.gov. You can also call your State Health Insurance Assistance Program (SHIP) for free, personalized counseling. Visit shiptacenter.org or call the toll-free […]

For our second Financial Topic Webinar Series Jared Faltys and Tracey Buettner discuss best practices on transitioning your business to the next generation. Recorded 10/18/2022.

One silver lining in the current bear market is that this could be a good time to convert assets from a traditional IRA to a Roth IRA. Converted assets are subject to federal income tax in the year of conversion, which might be a substantial tax bill. However, if assets in your traditional IRA have […]

For our first Financial Topic Webinar Series Andrew Steffensmeier and Stacy Dieckman provide insight on college planning. Recorded 9/21/2022.

We held a 🎄“Christmas in July”🎄 toy drive and challenged our staff to collect as many toys as we could for pediatric patients at Faith Regional. The generosity of our employees and their families was clearly displayed as we were able to donate over 300 toys! Thanks to our employees and their families for supporting […]

Our largest camp yet, 80 kids attended! Campers raised $955 for the Norfolk Library Foundation!