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Ronnie Dawson Elected Managing Partner

Ronnie Dawson Elected Managing Partner

Ronald H. Dawson, Jr., partner in charge of Ericksen Krentel’s Accounting and Audit Services Section, has been elected the firm’s fifth managing partner, effective January 1. As managing partner, he is responsible for creating and managing operational strategies that help the firm better serve its clients and the marketplace in addition to leading all strategic and administrative activities.

Take the Guesswork Out of Paycheck Tax Withholding

Take the Guesswork Out of Paycheck Tax Withholding

The Tax Cuts and Jobs Act of 2017 brought many changes to the tax law, including reduced tax rates, elimination of personal exemptions, increased standard deductions, increased child tax credits and changes to itemized deductions.

Small Businesses: You Want to Avoid These Common Tax Errors

Small Businesses: You Want to Avoid These Common Tax Errors

Accidentally failing to comply with tax laws, violating tax codes or filling out forms incorrectly can leave taxpayers and their businesses open to possible penalties. Being aware of common mistakes can also help tame the stress of tax time. Here are a few mistakes small business owners should avoid:

Our Top 10 Most-Read Stories of 2019: Which Did You Miss?

Our Top 10 Most-Read Stories of 2019: Which Did You Miss?

Did you miss any of our insightful content in 2019? No worries if you did; here’s a recap of our 10 most-read stories over the past year (in no particular order) – just click on the headline!

Are You Approaching 70 ½? Prepare Now to Take Your RMDs

Are You Approaching 70 ½? Prepare Now to Take Your RMDs

If you turned 70 ½ in 2019 (or have already passed that milestone) and have a retirement account, failure to take your Required Minimum Distribution (RMD) – or take the correct amount – from your retirement account can result in hefty penalties.

From the Training Files: Insight from a 2019 Tax Intern

From the Training Files: Insight from a 2019 Tax Intern

After a year as an intern, and accepting a full-time staff accountant position with Ericksen Krentel beginning in January, Svitlana Baranivska reflected on what she learned as an intern – and why students should share her experience.