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Dawn has been a Staff Accountant with Keen & Company since 2009. She has more than 25 years of accounting experience, 10 of which were spent in the oil and gas accounting industry, with the balance spent in public accounting. Dawn earned her Bachelor of Science degree in May 1984 from the University of Arkansas. She went on to pass her CPA exam in 1985. Dawn says the most interesting part of her job is the variety of work that is involved in accounting, and she recognizes that “the environment is always changing, providing new and interesting challenges.” In her spare time, Dawn loves to go fishing, hiking, and attend Razorback sporting events. Her phrase to live by is, “Treat others as you want to be treated!”
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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.