Don’t find yourself saying ‘I wish I had known …’
By Martha Sullivan, CPA, CVA/ABV, CM&AA, CEPA
Partner, Succession Planning Practice Leader
Martha leads HK's succession and exit planning services division and is a regular contributor to Wisconsin's InBusiness digital magazine.
“I wish I had known …” is a phrase I hear quite often.
For example, as a part of my...
Tax reform and the art of entity selection
By Randy Mihm, CPA, JD, Partner
The Tax Cuts and Jobs Act made significant, wide-sweeping changes to the tax code for corporations. C-corporations saw the previous top tax rate of 35 percent cut to a flat 21 percent. Additionally, a new Qualified Business Income (QBI) deduction for S-corporations, partnerships, and...
How tax reform and QBID are affecting the agriculture industry
By Doug Funke, CPA
The 20% qualified business income deduction (QBID) for qualified cooperative dividends under the Tax Cuts and Jobs Act (TCJA) is creating a lot of questions and buzz in the agriculture industry for its impact on cooperatives and private businesses. Here is a synopsis of what the...