News About Our Business and Accounting Consulting Firm
Apr 10, 2018
As the individual income tax return filing deadline approaches, here are a few thoughts about due dates and related issues from John Martens, CPA. Check them out!
Apr 03, 2018
As the current tax deadline approaches, it's time to start assessing the impact of the new tax law on next year's tax return. Learn about key provisions that will have a broad impact in this weeks' blog by Bob Klutho, CPA!
Apr 01, 2018
Please join Conner Ash P.C. in congratulating Jim Gentry, CPA on being selected as on of the top 100 St. Louisans to Know in to Sucdeed in Business!
Mar 27, 2018
Employee manuals are more than just rules and policies. A well written employee manual can set the tone for your new and existing employees. Read more in Amanda's blog!
Mar 20, 2018
The Tax Cuts and Job Act define deductible meals and entertainment expenses differently than the prior law. This will require new general ledger accounts to track information to make it easier to prepare the tax return. Read more in Jim's blog!
Mar 13, 2018
During economic downturns, the ability to carryback current year net operating losses (NOLs) and recoup income taxes paid in the prior two years has been crucial to the survival of a business taxed as a corporation. Read about the changes in the new tax law in Alicia's blog this week!
Mar 06, 2018
Most taxpayers want the immediate tax deduction that the various methods of accelerated asset basis recovery afford. However, certain taxpayers might decide to skip the benefit this year for a chance at an even bigger benefit in the future.
Feb 27, 2018
A major change for the Tax Cuts and Job Act relates to accelerated basis recover methods surrounding depreciable assets. Read about the changes to two current accelerated basis recovery methods in Andy's blog.
Feb 20, 2018
Several 2017 tax extenders were included in the Bi-Partisan Budget Act signed into law on February 9, 2018. Learn about these 2017 extenders in Sue's blog!
Feb 13, 2018
The IRS has record retention recommendations for individuals and business. Learn about these recommendations in this weeks' blog by Andrea!
Feb 06, 2018
As the new tax law unfolds, we are finding changes to deductions we have come to depend on including home mortgage interest and interest when you refinance your home loan. Read more in Jill's blog!
Jan 30, 2018
Beginning in 2018 the new tax law eliminates allowable deductions for entertainment, amusement, recreation, etc., expenses while keeping the 50% deduction for meals. Learn more in Patty's blog.
Jan 23, 2018
The recently passed Tax Cuts and Jobs Act changed the way you can use 529 plans. Missouri still needs to update its guidance to provide clarity based upon the federal changes.
Jan 16, 2018
You have alarm systems to protect your home and car. Why not have a way to protect your passwords? Read about ways to slow down or stop hackers from stealing your information in Sue's blog.
Jan 09, 2018
With tax reform comes changes. While many taxpayers will benefit from taking the standard deduction, if you have a home office you may be able to deduct a portion of your real estate and home equity interest elsewhere.
Jan 03, 2018
Conner Ash Welcomes Kara Abkemeier!
Jan 02, 2018
President Trump recently signed into effect a tax reform bill providing for a major overhaul to our current tax laws. Read more in this weeks' blog, Tax Reform, by Brian Ostendorf!
Dec 26, 2017
Your insurance agent may tell you that insurance proceeds are income tax free to the beneficiary, but he may not have told you that it can still be included in a taxable estate depending on the owner of the policy. Read more in Christina's blog!
Dec 19, 2017
Many do not realize the stress and problems not having a will can cause their heirs! Read more about preparing a will in John's blog!
Dec 12, 2017
We continue to see an increase in the number of ways scammers are attempting to get personal information and assets. Read Bob's blog to learn ways to avoid becoming a victim of identity theft.
Dec 05, 2017
Several members of Conner Ash attended the MOCPA Eastern Awards Celebration on November 16, 2017.
Nov 28, 2017
In 1986, Congress reformed immigration laws. Effective November 1, 1986, new employees were required to complete an I-9. Read more about this important topic in this weeks' blog by Amanda!
Nov 21, 2017
Congress is considering changes to way exclusions of gain on principal residences are determined as a part of the tax reform. Read Jim's blog to learn the current law and proposed changes!
Nov 14, 2017
Once again Congress is contemplating the death of the estate tax. But before we plan on finally dancing on its grave, we should be aware of its remarkable longevity over the course of human history. Read more about Estate Tax in Alicia's blog!
Nov 07, 2017
The Summary Annual Report summarizes the IRS Form 5500 and must be distributed to all Plan participants within nine months after the close of the Plan year. Read about this important filing deadline in Cathy's blog!
Oct 31, 2017
The Republican administration’s proposed tax plan called the “Unified Framework for Fixing Our Broken Tax Code”, dated September 27, 2017, intends to reform both the individual and corporate tax system with the hope of simplifying the income tax system; ending “wasteful” tax breaks; and eliminating “loopholes.” Read more in Helen's blog.
Oct 24, 2017
With the continued increase in mobility, more companies are implementing flexible work arrangements. Read more in Andy's blog post.
Oct 10, 2017
The role of the Board for a non-profit organization has three primary legal duties known as - “duty of care’, “duty of loyalty” and “duty of obedience”. Read about Building a Board in this weeks' blog by Andrea Schaefer, CPA.
Oct 03, 2017
There's a relatively new investment strategy that is being discused and used more recently. It goes by many names including sustainable investing, Socially Responsible Investing, "Green" investing or ethical investing. Read Jill's blog to find out more about Sustainable Investing.
Oct 01, 2017
Conner Ash P.C. is proud to congratulate Jill Cooper, CPA, for being named one of the Best Accountants in St. Louis.
Sep 26, 2017
The "counting nights" rule determines which parent is the custodial parent; the one the child spends the most nights with. This parent is entitled to the dependency deduction.
Sep 19, 2017
Companies must continually evaluate their operations, products and marketing efforts. This will help them to determine if they are growing or dying.
Sep 08, 2017
Conner Ash celebrated new employees, promotions and years of service at its annual event on Thursday, August 31, 2017.
Sep 08, 2017
Conner Ash P.C. is honored to be named one of the "Top Five Best Accounting Firms in St. Louis"
Sep 05, 2017
Conner Ash announces the 2017-2018 promotions!
Sep 05, 2017
Children's daycare can be expensive. However, with proper planning these costs can be mitigated by reducing your income tax liability. Read more in this weeks' blog by Brian Ostendorf, CPA.
Aug 29, 2017
The IRS now allows you to rollover the after-tax portion of your distribution to a ROTH IRA instead of a traditional IRA. Electing to use the ROTH IRA IS A NO BRAINER!! Find out more in Brian's blog post.
Aug 28, 2017
Conner Ash welcomes Brian Ostendorf, CPA
Aug 25, 2017
Conner Ash welcomes Anna Schmelzle!
Aug 25, 2017
Conner Ash welcomes Gloria Moore, CPA
Aug 22, 2017
Are you considering moving your small business accounting to the cloud? Read Christina's blog post to learn five things you should consider before you make the move.
Aug 15, 2017
As the summer draws to a close, and going "back to school" is on the minds of many, it is an appropriate time to revisit some of the ways to plan for meeting the future college education costs of your children. Read John's blog post and find out more!
Aug 08, 2017
Are you thinking about upgrading a computer system in your organization? Read How to Have a Successful Accounting System Upgrade by Bob Klutho, CPA for important information to consider when planning an upgrade.
Aug 01, 2017
Many small organizations rely on a few key people to run their accounting system. Read Simple Way to Avoid Accounting Problems by Bob Klutho, CPA, for important things to consider so that your accounting system doesn't fall apart when one of these key people leave.
Jul 25, 2017
Did you know that if you owe a seriously delinquent tax debt, the IRS can restrict your passport? Find out more in this weeks' blog by Sue Freed, CPA.
Jul 18, 2017
The Missouri Works Program is an economic development tool utilized by the Missouri Department of Economic Development. Learn more about this program in this weeks' blog by Jim Gentry, CPA.
Jul 11, 2017
The term Xennial was coined by journalists Sarah Stankorb and Jed Oelbaum in a 2014 article for GOOD magazine. Xennials were born between 1977 and 1983 and don't fully identify with Generation X or Millennials. Read more in Alicia's blog.
Jul 05, 2017
It's dangerous to look at any of your financial statements in a vacuum as if one is more important than the other. The balance sheet and income statement are so interrelated that if one is wrong, so is the other. Check out Cathy's blog to find out more!
Jun 27, 2017
Have you ever noticed that life is easier for those lucky individuals that never miss an appointment and know where most of their things are most of the time? Read more about Organization in Helen's blog post!
Jun 20, 2017
Good mentors Build Trust, Listen and Encourage Input and Challenge the Team. Read more about these important traits of a good mentor in Andy's blog post!
Jun 13, 2017
Learn some important tips on how to host a successful fundraising campaign in this weeks' blog by Amanda!
Jun 06, 2017
Our aging population has created a demand for alternative and more cost-effective healthcare options. Read more in Andrea's blog post!
May 30, 2017
It's graduation time! That means whether your child or grandchild is completing first grade or 8th grade, you need to have a plan for saving for college
May 23, 2017
We all must deal with change in our lives. So how do we deal with change that we really don't want? Read more in Patty's blog.
May 16, 2017
Did you know that most individuals are not saving enough for retirement? Find recommendations to help you have a comfortable retirement in Dan's blog, Saving for Retirement.
May 09, 2017
Have you ever received an email from your "CFO" requesting you send a wire transfer? After you send that wire did you find out you've been scammed? Read Sues' blog to find out more about this scam and ways to avoid this in the future.
May 02, 2017
Moving a household is expensive. Does your move meet the 3 tests to be deductible? Read this weeks' blog by Vivian McKenzie, CPA, CGMA to learn more.
Apr 25, 2017
There seems to be confusion about non-cash deductions in excess of $5000. Read Brian's blog to see when you need to get an appraisal for your donation.
Apr 18, 2017
Why does a revocable trust avoid probate? Learn how titling your assets in your trust can help to avoid the additional cost or intervention by the state in this weeks' blog by Christina Rowland, MBA.
Apr 11, 2017
Many folks are so opposed to paying taxes they sometimes forget the overall financial impact or economics of decisions made solely to avoid paying taxes. Read John's blog post to find out more!
Apr 04, 2017
For those lucky enough to be getting a tax refund, Bob gives you some great ways to put the money to work. Read on to learn more.
Mar 28, 2017
We are working way too many hours and are stressed out by the demands of the tax filing deadlines. Read Rick D'Angelo, CPA, CGMA, blog for a little "humor".
Mar 21, 2017
It may be easier than you think to keep employees motivated and engaged. According to globoforce.com, 78% of employees say that being recognized motivates them in their job. Read Amanda Mueller's blog to learn five ways to engage and motivate your employees.
Mar 14, 2017
As jobs reports continue to be strong, it is expected that interest rates will continue to rise. It is time to plan for the Federal Reserve to raise interest rates multiple times during 2017.
Mar 07, 2017
After years of building your business it can be difficult to think about doing anything else. But what happens when you decide it is time to step away? Do you have an exit plan for yourself? Where do you start?
Feb 28, 2017
What does it mean to be an adult? Does it mean that you are able to do everything on your own without anyone's help? Read Cathy's blog post to learn that having a trusted advisor is valuable for everyone, even adults!
Feb 21, 2017
Possible changes to the U.S. tax regime are certainly a hot topic but who knows what changes we will actually see in the near future. Read Helen Floros, CPAs blog post to learn some of the proposed tax changes for businesses and individuals.
Feb 14, 2017
There are new fiduciary rules set to take effect in April 2017 that would require financial advisors, whose work involves retirement plans or retirement planning advice, to be bound to fiduciary standards.
Feb 07, 2017
Did you know that the IRS has guidelines that, if met, would allow you to claim your parents as your dependents? Read more about this timely topic - Are Your Parents Your Dependents in this weeks' blog post by Sue Freed, CPA.
Jan 31, 2017
Effective in 2017, the PATH Act extends due diligence requirements to tax preparers in relation to the American Opportunity Tax Credit for education.
Jan 24, 2017
Let's talk about getting Fiscally Fit! For a small business owner, this means looking at the big picture of your company's financial situation and making the health of your business one of your long-term goals. Read Jill Cooper's blog post to find out more!
Jan 17, 2017
In recent years, we have head more and more about identity theft - Tax ID theft, Medical ID theft, Child ID theft and Driver's license theft. Check out Patty's blog post to find out more!
Jan 10, 2017
Employers tend to trust their employees but, unfortunately, not all people can be trusted. Are Your Employees Stealing From You? is the subject of Dan's blog post this week. Check it out!
Dec 27, 2016
There are changes to the FAFSA process beginning with the school year starting July 1, 2017. Read Vivian's blog post to find out more about these changes.
Dec 20, 2016
Besides that bucket list of things you want to do when you retire, you need to prepare another bucket list – a list of your different buckets of income and assets you will have at retirement. Read Brian's blog post to find out more
Dec 13, 2016
For employers that provide company cars, there are tax implications if there are no restrictions on the personal use of the vehicle. Read Christina's blog post to find out more!
Dec 06, 2016
One of the important cash flow decisions almost everyone is faced with in their pre-retirement planning, is "NOW OR LATER". That is, when to begin drawing their social security benefits.
Nov 29, 2016
Many of us have been asked to join a board of directors of a nonprofit. Before you agree, do your diligence to make sure you are a good fit for the organization.
Nov 22, 2016
The most common answer when asking family members what they are thankful for is - Family. Learn how to plan to make life easier for your heirs in this weeks' blog post.
Nov 15, 2016
More and more people are supplementing their 9-5 incomes with freelance work or so called "side hustles". Find three things you can do to reduce your tax bill in Leilah's blog post!
Nov 09, 2016
Now that the election results are in, we take a look at the proposed tax plan. Read Jim's blog post to find out more!
Nov 01, 2016
The due dates for many tax returns are changing. This impacts original and extended due dates for tax years starting after December 31, 2015. Read Alicia's blog post to find out more!
Oct 25, 2016
Two of the most common reasons cited for offering company volunteer days are 'corporate responsibility' and 'community reputation'. Read Cathy's blog post to find out more!
Oct 18, 2016
The rules regarding recognizing a gain on the sale of a home changed in May 1997, but some still think the old rules apply. Read about the new rules in Helen's blog post!
Oct 11, 2016
In 2016, each U.S. citizen is allowed a unified gift and estate tax exemption of $5.45 million before estate taxes are owed to the IRS! Read more in Chuck's blog post.
Oct 04, 2016
Did you know that you can make charitable contributions directly from your IRA and the withdrawal is not included as income? Read Sue's blog post to find out more!
Sep 27, 2016
Not-For-Profits will be required to change their financial statement presentation effective for fiscal years after December 15, 2017. Read Andrea's blog post to find out more!
Sep 27, 2016
Conner Ash P.C. is named one of the best Accounting Firms for 2016-2017 by Small Business Monthly.
Sep 20, 2016
The IRS can be a Grinch when it comes to business gifts. Read Jill's blog post for a list of rules to consider.
Sep 13, 2016
Did you know there are preferential tax rates for qualified dividends and long-term capital gains on sale of assets held for over a year? Read Patty's blog post to find out more!
Sep 08, 2016
Whether you are the owner of a company that is highly profitable or struggling to break even there are certain business practices that you can apply to maximize your company's potential and profits. Read Dan's blog post to find out how!
Sep 08, 2016
Conner Ash would like to congratulate Sue Deters on her 30th Anniversary with the firm.
Sep 06, 2016
It looks like Microsoft, sounds like Microsoft, but is it really Microsoft? Read Sue's blog post to find out!
Aug 23, 2016
Did you know that eligible educators can receive a small tax-break on their individual tax returns for certain classroom expenses paid out-of-pocket? Read Vivian's blog post to find out more!
Aug 16, 2016
What kind of documentation do you need to support your cash contributions? How much can you deduct if you receive goods and/or services? Find out in Brian Hantsbarger's blog post.
Aug 09, 2016
If you don't start taking distributions from your retirement account by age 70 1/2, you could face stiff penalties. Check out John Marten's blog post to learn more!
Aug 09, 2016
Brian Hantsbarger, CPA has been named one of the 2016 Top Small Business Accountants. Brian, a partner at Conner Ash P.C., has been serving business owners for 37 years.
Jul 26, 2016
There's no standard answer to the question Do I or Don't I when it comes to taking Social Security benefits. Find out more in Rick D'Angelo's blog post!
Jul 19, 2016
The IRS has raised the threshold for expensing verses capitalizing tangible property purchases. Find out more in Jim Gentry's blog post!
Jul 12, 2016
Do you have a plan to keep your business running in case of an emergency, big or small? Alicia gives us some actions to consider in this weeks' blog post.
Jul 05, 2016
Research shows that "meaningful work is precisely what most employees are looking for in a job...". Check out Cathy's blog post to find out how You Can Make a Difference in your workplace!
Jun 28, 2016
The lessons in Teamwork we learn as children and young adults carry forward to the workplace. Read Helen's blog post to find out how!
Jun 21, 2016
The IRS Transcripts online service has been reopened more than a year after the data breach in May 2015. Learn about the new registration process in this weeks' blog post.
Jun 15, 2016
Give your new graduate a Roth IRA to introduce her to the power of long-term saving and investing. Read Andrea Schaefer's blog post to find out more.
Jun 07, 2016
Learn about the latest IRS Scams so you can avoid being a victim in Jill Cooper's blog post!
May 31, 2016
Patty Ward provides information about Casualty Losses in this weeks' blog post.
May 24, 2016
Learn about the new overtime pay rules which will be taking effect on December 1, 2016 in Dan Velcheck's blog post!
May 23, 2016
Learn some great shortcuts to use on your SmartPhone or Computer in Sue Deters' blog post!
May 10, 2016
Are You Teaching By Example when it comes to being fiscally responsible?
May 03, 2016
The tax deadline for Missouri residents in 33 counties affected by the December 2015 flooding has been extended!
Apr 26, 2016
John Martens, CPA, looks at using T.O.D. as an Estate Planning Tool in this weeks' blog post.
Apr 19, 2016
Let's look at 'Spring Cleaning' our financial house to get it in order!
Apr 12, 2016
There are a few easy ways to avoid owing a lot to Uncle Sam that Bob Klutho discusses in this weeks' blog post!
Mar 29, 2016
Changes to the way Lessors and to a greater extent Lessees account for leases will be taking effect in the next couple of years.
Mar 22, 2016
Most small business owners say 'No!' when asked if they believe fraud can happen to them. Read on...
Mar 15, 2016
Learn about ways your CPA can assist you when going through a divorce in Helen Floros' blog post.
Mar 08, 2016
Learn about Foreign Reporting Requirements in Sue Freed's blog post!
Mar 01, 2016
Learn about the Cadillac Tax on Health Insurance Coverage in Andrea Schaefer's blog post!
Feb 23, 2016
Free public Wi-Fi comes with a cost - exposing your personal data to hackers!
Feb 16, 2016
Your business has the best chance of being successful if you have the right combination of people and meaningful financial information!
Feb 09, 2016
Here are some tips on how to avoid being the victim of tax theft and helpful hints if it happens to you!
Feb 09, 2016
Jack Lauber joins the Conner Ash team!
Feb 02, 2016
If you pay an individual to perform services at your home, you may be an household employer. Check out this weeks' blog post to find out about tax reporting requirements for household employers.
Jan 26, 2016
If you want to clear a room, simply bring up the topic of death and dying. Read Vivian's blog post to learn a few general questions to ask yourself when considering your arrangements.
Jan 19, 2016
If you are thinking about purchasing a rental house to save on taxes, there are many limitations to keep in mind.
Jan 12, 2016
Consider some New Year "financial" resolutions to help you get your financial life "in shape"!
Jan 05, 2016
Are you a small business owner who should be making these new year's resolutions?
Dec 29, 2015
Don't be surprised! Social Security benefits have been taxable for over 30 years.
Dec 22, 2015
Learn about changes to the Statute of Limitations for the IRS audit period in Jim Gentry's blog post!
Dec 17, 2015
Alicia Brockland is assuming the role of Conner Ash President effective January 1, 2016.
Dec 15, 2015
As a business owner, your business is likely your most valuable asset. But how do you determine the value of that asset?
Dec 15, 2015
Members of the Conner Ash team collected items for the Jefferson County Foster Children's Fund during the 3rd Annual Collect for a Cause!
Dec 15, 2015
Conner Ash team members spent an afternoon volunteering at the University City Children's Center for their 2015 Community Service Day.
Dec 01, 2015
Read Howard Rosen's thoughts on Succession Planning in this week's blog post!
Nov 23, 2015
Learn reasons why you would use a Business Consultant in your Accounting Department in Catherine Dobrynski's blog post!
Nov 17, 2015
Learn about the phase out of the popular Social Security spousal-claiming options for retirees in Helen Floros' blog post!
Nov 12, 2015
Conner Ash P.C. has been named a Five-Star Workplace by the St. Louis Small Business Monthly!
Nov 10, 2015
Learn the different types of outsourced payroll providers in Sue Freed's blog post!
Nov 09, 2015
Jake Asher Joins the Conner Ash Team!
Nov 03, 2015
Learn about preparing your business in the event of a disaster in Andrea Schaefer's blog post!
Oct 27, 2015
Learn the advantages and disadvantages when deciding whether to move to QuickBooks Online!
Oct 20, 2015
Learn about how to determine if you are getting the most out of your accounting department in Dan Velcheck's blog post!
Oct 16, 2015
Need to write a Crystal Report where your tables have a one-to-many relationship? Join us and learn how to include a Subreport in your Crystal Report.
Oct 14, 2015
In today’s economic climate, it can be difficult to get a business loan, particularly for a startup. As a result, many entrepreneurs start their businesses by using personal sources of money, such as life savings and retirement funds. Howard Rosen, CPA, JD AEP, give us his insights on using personal assets and choosing your business' legal structure.
Oct 13, 2015
Learn how to protect yourself when downloading a flashlight app to your android phone in Sue Deter's blog post!
Oct 06, 2015
Learn about when to use the cash and when to use the accrual method of accounting in Brian Hantsbarger's blog post!
Sep 29, 2015
Learn about the proposed future of financial reporting for nonprofit organizations in Bob Klutho's blog post!
Sep 22, 2015
Learn about what's deductible when you take a client to a sporting or entertainment in Jim's blog post!
Sep 15, 2015
Learn about how your company culture's has an impact on fraud in Alicia Brockland's blog post!
Sep 08, 2015
Learn about the new basis rules for inherited property in Howard Rosen's blog post!
Sep 02, 2015
Conner Ash is launching a new blog page on our website. Come and check out the page.
Jul 24, 2015
Emily Michel Joins the Conner Ash Team!
Jul 15, 2015
Conner Ash PC and Martens & D’Angelo, LLC have announced that they have reached an agreement to merge their two practices effective September 1, 2015.
Feb 09, 2015
Conner Ash P.C. welcomes our Busy Season Interns!