Springdale and Bentonville Locations
479-756-5871 Ext. 123
Jake joined the Keen & Company team in 2002, and is currently holding the role of Managing Partner. He oversees day-to-day operations, setting the direction for the firm, and is responsible for business development and production. Jake’s niche expertise is in the areas of tax planning and preparation, business valuation and litigation support.
He earned a Bachelor of Science in Electrical Engineering from the University of Arkansas and went to work for ALLTEL Communications in Little Rock. It was while working on his MBA that Jake decided to change careers and move back to Northwest Arkansas. He completed his accounting course work at the University of Arkansas in Little Rock.
In addition to being a Certified Public Accountant, Jake is also a Certified Valuation Analyst. He is a member of several professional organizations, including the American Institute of CPAs, Arkansas Society of CPAs, where he has served on the Board of Directors, and the National Association of Certified Valuation Analysts.
Jake notes that he “likes helping clients create a financial plan and watching it come together.” Outside of the office, Jake is very involved with his church and stays busy attending family functions with his wife and their four children. He also enjoys playing golf, hunting, and fishing.
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For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.