Strothman and Company

Thank you to everyone who joined us at our Business Transition Planning Seminar earlier this week! Strothman+Co partners spoke on the basics of exit planning, how to reduce the impact of taxes, and improving the value of your business. We also had Bill and Doug Carroll from Brownsboro Hardware share their transition experience and advice with the group.

We only have one seminar left in our 2023 Seminar Series: StroCo University, coming up on November 16th. Stay tuned for registration information coming soon!

We would like to recognize Strothman+Co employee Ami Cain for her recent accomplishment! Ami and her mission partner, Cam, won the Best Buddies Kentucky Champion of the Year Competition, which is an 8-week fundraising competition where candidates commit to raising funds and awareness for the organization. Best Buddies Kentucky is a 501c3 that provides opportunities for one-on-one friendships and leadership development for individuals with Intellectual and Developmental Disabilities.

Ami and her partner were awarded the title of Champion of the Year at the COY Gala for raising the most money, with a total of $17,415. We are so proud of Ami for all of her hard work and dedication to such an impactful organization.

Curious about the benefits of incorporating data into your decision making process? Delve into the world of data-informed decision making and discover how businesses can leverage it to improve their chances for success.

https://bit.ly/3PI5LRJ

Four Benefits of Data-Driven Decision Making - Strothman Knowledge is power. And in today’s business world, knowledge comes from data.  Incorporating data into the decision making process can be a game changer for all kinds of businesses. Big or small, local or national, construction or manufacturing – it doesn’t matter, data can help you succeed....

Join Strothman+Co and take your accounting career to the next level!

Check out our team page and open positions here:
https://bit.ly/3PEGOql

The controller plays an essential role within a company. But for SMBs, hiring a full-time controller can be a challenge due to resource constraints. Hiring an outsourced controller can offer a company top-notch financial expertise without the hefty price tag.

Curious about outsourcing? Click the link below to read as we dive into the world of outsourced controllers and how they can elevate your business.

Why Do Businesses Work with an Outsourced Controller? - Strothman A controller is a vital member of any successful business. They’re in charge of the accounting department, overseeing bookkeeping staff, managing accounts receivable, and much more. The work of a controller is crucial in enabling business leaders to make decisions with clarity. Unfortunately, many...

The IRS recently announced a pause on the acceptance of new ERC claims until 2024. Learn more about Employee Retention Credit, who is eligible, and why the IRS has paused submissions in our article linked below:

IRS Announces Pause in Employee Retention Credit Claims - Strothman Earlier this month, the IRS announced that it was implementing a moratorium on the acceptance of new Employee Retention Credit claims until 2024. Any businesses that had planned to file a claim in the coming months must wait until 2024, when a series of new measures to prevent fraud will be in place...

Registration for our next seminar, The Art and Science of Business Exit Planning, is now open. It will be held on Tuesday, October 17th from 8:00 a.m. - 10:00 a.m. Read full details and secure your spot today at the link below!

https://bit.ly/45UdS4A

We want to congratulate Joseph Guelda, Senior Tax Manager at Strothman and Company, for obtaining his CMI designation from the Institute of Professionals in Taxation. This certificate is a demonstration of expertise in state/local business income taxation.

He has been working towards this achievement since 2019 and we are so proud of him for all of his hard work and dedication. Strothman and Company is lucky to have such a specialized professional who can serve our clients with the utmost knowledge in the field of income tax.

Our Team StroCo summer party was a success! This is one staff look forward to year after year. Thank you to the Strothmans for being such gracious hosts and to everyone on the team who helped plan this year's party. We enjoyed several games of co****le, delicious catered food, swimming, and more.

Companies are generating and collecting more data than ever, but deciphering those findings can be a challenge. That is where data visualization becomes important.

Click below to learn how adopting data visualization tools can benefit your business:
https://bit.ly/3PratUZ

Visualizing Success: Unleashing the Power of Data in 6 Transformative Ways - Strothman In today’s modern business landscape, data is quickly becoming the currency of success. Organizations across virtually every industry both create and collect data, and these practices are growing exponentially.  But, unless you’re a keen student of data analytics and a master of statistical int...

If you have inherited an IRA, you'll want to be aware of the new rules that may impact how you are taxed on your earnings. Read all about the changes in the following update from Strothman+Co:

https://bit.ly/3OZ8iXh

New Tax Rules on Inherited IRAs: An Update From Strothman+Co - Strothman If you’ve recently inherited an IRA, changes to tax rules might impact the way you’re taxed on this money. Learn all about the new tax rules on inherited IRAs here.