Corridor Connection: Two Offices, One New Home
We’re looking forward to bringing our Cedar Rapids and Hiawatha, Iowa, offices together in one location. As a community‑focused firm, we’re excited about what this move means for collaboration and our continued investment in the Eastern Iowa Corridor.
Beginning Wednesday, April 22, both teams will be operating from our new space at 150 1st Avenue NE, Suite 200, Cedar Rapids, IA 52401.
Our Hiawatha phone number, 319‑378‑3370, will continue to be the main line for the combined office, and we’d love you to stop by and check out our new digs once we’re settled in.
We’re proud of where we’ve been and ready for what’s next. See you soon in downtown Cedar Rapids!
Careers Worth Celebrating
This spring, we celebrate the retirements of two Honkamp leaders who have made an impact on our firm and clients.
Bill Gabelmann will retire on May 15, followed by Doug Rogers on May 31. Throughout their tenures, Bill and Doug built meaningful relationships and contributed to the success of our clients, our firm and the communities we serve. Our team is committed to ensuring a seamless transition and continuing the high level of service our clients expect.
Please join us in congratulating Bill and Doug and wishing them continued success in the next chapter ahead!
Don’t Let Property Taxes Sneak Up on You
Property tax is often one of the largest, and most overlooked, operating expenses for growing businesses. In our recent webinar, Property Tax in 2026: From Defense to Strategy, we shared how businesses can move beyond reactive appeals and take a proactive approach that reduces risk, uncovers recurring savings and supports smarter long‑term planning.
The webinar explores where assessment errors and valuation risks commonly occur, how property tax impacts cash flow and overall tax burden, and why a proactive strategy can deliver consistent, defensible savings year after year.
Watch the recording here: https://register.gotowebinar.com/recording/7852661921882779395
Know Your Number
A business valuation isn’t just for a sale or transition; it’s a smart planning tool. Understanding your company’s value can support better decision‑making, strengthen tax and estate planning, and provide clarity when change is on the horizon. Check out this article highlighting three key reasons a valuation can help business owners stay informed, prepared and in control: Three reasons to have a business valuation done – Honkamp
Put Strategy Behind Your Next Location Decision
Choosing where to grow is a strategic decision. Honkamp’s location advisory services help businesses make confident choices when expanding, relocating or investing in new facilities. From site evaluation and incentive identification to multi‑site tax and cost analysis, our team brings clarity to complex decisions, helping ensure your next move supports long‑term growth and maximizes return.
Whether you’re exploring a new market or rethinking an existing footprint, we can help make sure your location works as hard as your business does. Make your next move count: Location Advisory | Honkamp P.C., CPA & Business Advisory
IRS Clarifies QPP Rules
The IRS has issued clarification on rules related to how Qualified Production Property (QPP) is treated. These updates help clear up common areas of confusion and highlight where missteps can lead to missed tax savings or compliance issues.
In our latest article, we break down what the IRS clarified, how QPP fits into the conversation and why this guidance matters as you plan ahead. If QPP plays a role in your tax strategy, this is an update worth reviewing.
Read the full article: https://www.honkamp.com/insights/uncategorized/irs-clarifies-qpp-rules/
Payroll Is Easy to Ignore—Until It Isn’t
Payroll often feels simple, until growth adds complexity. New hires, multi‑state employees, changing pay structures and evolving compliance rules can quickly turn payroll from a routine task into a real risk.
Honkamp Payroll CEO Mike Welbes explores why payroll issues rarely show up early, but tend to surface as businesses grow, and why treating payroll as part of a larger system can help prevent costly mistakes. If payroll complexity is creeping up on your business, it may be time to take a closer look: https://www.honkamppayroll.com/resources/articles/payroll-is-easy-to-ignore-until-it-isnt
Have questions or want to talk through your payroll setup? Touch base with Jarrod Haiar at jarrod.haiar@honkamppayroll.com to continue the conversation.
Iowa Ruling Changes the Conversation on Business Valuation
A recent Iowa Supreme Court ruling is reshaping how closely held businesses are valued in divorce and what that means for spousal support. The decision provides important clarity on how future business income should be treated, reinforcing that it should not be counted twice in both business valuation and support determinations.
Honkamp Shareholder Rob Leibfried outlines why this ruling matters for business owners, especially when a buyout or significant equalization payment is involved and highlights the growing importance of sound valuation and financial analysis. If you own a business or advise one, this is a development worth understanding.
Read the full article: https://www.honkamp.com/insights/article/iowa-ruling-reshapes-business-valuation-in-divorce/
Missouri Disaster Relief: A Credit to Know
Missouri businesses impacted by recent disasters may be eligible for meaningful tax relief. The Missouri Disaster Relief Tax Credit is designed to help offset losses and recovery costs but determining eligibility and understanding how the credit applies can be complex.
Honkamp Tax Manager Jonathan Whiting breaks down what the credit covers, who may qualify and key considerations for evaluating whether it’s worth pursuing. If your operations, property or assets were affected, consider connecting with your Honkamp advisor to discuss how this credit may fit into your overall tax strategy.
Check out the article here: https://www.honkamp.com/insights/article/missouri-disaster-relief-tax-credit/
Reading the Economic Signals for What’s Next
Economic conditions continue to evolve, and understanding what they signal can help businesses plan with confidence. Honkamp’s Q4 2025 Economic Overview takes a closer look at key trends shaping the economy and what they may mean as organizations head into 2026.
The article offers perspective on growth, investment and financial decision‑making, helping leaders separate short‑term noise from longer‑term considerations. If you’re thinking about what’s ahead, this insight can help inform your next move. Talk with your Honkamp advisor about how these trends may impact your business and planning decisions.
Read the economic update: https://www.honkamp.com/insights/article/q4-2025-economic-overview/
A Career that Counts!
Know a high schooler interested in exploring careers in accounting, tax, assurance and beyond?
Honkamp’s free summer program, offered in Dubuque and Davenport, Iowa, gives sophomores, juniors and seniors an inside look at what professionals in these fields really do. Hint: it’s way more than just numbers! Participants will meet Honkamp’s leaders, explore career paths and gain valuable insights to help them stand out. Whether they’re number savvy or just exploring options, this program is a smart investment in their future!
Learn more about the program, including dates and times and how to apply: Get a glimpse into a career at Honkamp
Our People are On IT
It’s always rewarding when the work, leadership and impact of our people are recognized beyond our walls. Here are a few recent highlights we’re proud to share:
- Shareholder Michelle Steining was named one of the top business leaders in the Quad Cities region. Check it out: Steining recognized as a top business leader – Honkamp
- Honkamp was once again named a Top 10 Midwest CPA firm by Accounting Today. Learn more about this recognition here: Honkamp Recognized by Accounting Today – Honkamp
- Corridor Media Group named three Honkamp leaders to its annual Iowa 500, recognizing Iowa’s most influential business leaders across the state. It’s an honor to be included among peers who are making a meaningful impact on Iowa’s business community: Iowa 500 List Includes Three Honkamp Leaders – Honkamp
- Shareholder James Cash was recognized as one of the Top 100 People to Know in St. Louis by Louis Small Business Monthly. Check it out here: https://www.pageturnpro.com/St-Louis-Small-Business-Monthly/113316-STL-SBM-April-2026/sdefault.html