Laura joined the Menke and Company team in 2010. As the Firm Administrator, her responsibilities include financial statement preparation, income tax planning and preparation, new client interviews, managing firm personnel, monitoring workflow and financial management.
Laura provides a unique perspective, having helped manage a growing wholesale/retail business as CFO for 15 years as well as operating a family farm. She also worked as a staff accountant at Ann M Menke, CPA before taking on her current role.
Laura earned a Bachelor of Business, graduating cum laude with a Major in Accounting and a minor in Computer Science Applications from Western Illinois University. She is a Certified Public Accountant and a Certified Management Accountant, and is a member of the Iowa Society of CPAs, the AICPA, and the Institute of Management Accountants (IMA). Laura volunteers with St. John's Catholic Church and Holy Trinity Catholic Schools.
When away from the office, Laura enjoys boating, water skiing, reading, golf, and traveling.
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.