Kristy joined the Menke and Company team in 2007. Her responsibilities include financial statement preparation, income tax planning and preparation, audits and reviews of financial statements for nonprofit organizations, construction companies, grain dealers, manufacturing companies, and agribusiness wholesalers. Her areas of expertise include corporate, partnership and nonprofit tax returns, as well as audit and review of financial statements.
Before officially joining the team, Kristy completed an internship at the firm. She earned a Bachelor of Arts in Accounting and a Bachelor of Arts in Business Administration from Coe College. Kristy is also a member of the Iowa Society of CPAs.
Outside of the office, she enjoys her children’s activities, reading and spending time with her family.
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.