It was the best of times; it was the worst of times, it was 1968 and Winter, Kloman, Moter & Repp, S.C. (WKMR) was just a twinkle in the eye of the accounting industry. Who knew what was in store for the years to come and what a success the firm would become?
The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here's a look at some of the more important elements of the new law that have an impact on individuals and businesses. Unless otherwise noted, the changes for individuals are effective for tax years beginning in 2018 through 2025. The business changes are permanent.
In this third of a five part series, we will focus on the statement of activities and its components.
The IRS recently announced standard deductions, contribution limits, mileage rates and other taxation updates for 2018. See the table below for changes in 2018.
If you have any questions on this information, give WKMR a call.
WKMR would like to congratulate staff members who recently celebrated milestone anniversaries with the firm. Dan Griesbach celebrated ten years with the firm and Ryan Brasch, Mary Potts, Kevin Wood, CPA and Jeni Caldwell, CPA all celebrated five years at WKMR.
We love working with you and thank you for all your hard work and dedication to WKMR and our clients.