Ann founded our firm in 1990. An experienced CPA, Ann has worked in the accounting industry for over 30 years advising clients in tax planning and preparation for small, family owned businesses in varied industries including agriculture, manufacturing, construction, and retail. She has advanced expertise in working with small to medium family owned businesses – working on income tax planning as well as succession and transition planning as necessary.
Ann graduated from the University of Northern Iowa with a Bachelors degree. She is a member of the AICPA and Iowa Society of Certified Public Accountants. In the community Ann is also active in several local organizations, most recently serving as Board Chair for Fort Madison Community Hospital.
In her spare time Ann enjoys being with family and friends and is an avid Cubs fan.
The flat 21% federal income tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been great news for these entities and their owners. But some fundamental tax truths for C corporations largely remain the same:
C corporations are subject to...
Commercial buildings and improvements generally are depreciated over 39 years, which essentially means you can deduct a portion of the cost every year over the depreciation period. (Land isn’t depreciable.) But special tax breaks that allow deductions to be taken more...
A variety of tax-related limits affecting businesses are annually indexed for inflation, and many have gone up for 2019. Here’s a look at some that may affect you and your business.