Category Archives: Featured

Highlights of the Further Consolidated Appropriations Act Tax Law Changes

Posted on December 23 2019 by DMLO CPAs

The federal government spending package titled the Further Consolidated Appropriations Act 2020 does more than just fund the government. It extends certain income tax provisions that had already expired or that were due to expire at the end of 2019. … Continue reading →

Posted in Featured, Tax Alerts | Tagged Further Consolidated Appropriations Act, SECURE Act, tax extenders, tax planning, tax tips, year end tax planning | Leave a comment

Tax Extenders and SECURE Act Bills Expected To Pass

Posted on December 18 2019 by DMLO CPAs

Two important tax bills – the Taxpayer Certainty and Disaster Relief Act of 2019 and the Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act ) – are attached to a year-end appropriations bill making its way through Congress. It … Continue reading →

Posted in Featured, Tax Alerts | Tagged required minimum distribution, SECURE Act, Setting Every Community Up for Retirement Enhancement Act, tax extenders, Taxpayer Certainty and Disaster Relief Act, year end tax planning | Leave a comment

Time Running Out On 15% Qualified Opportunity Fund (QOF) Tax Exclusion

Posted on December 3 2019 by Eric Shadowens

The clock is ticking on an important benefit available through the federal Qualified Opportunity Fund (QOF) and Kentucky Opportunity Zone investment programs. Investing in a QOF before December 31, 2019 will allow you to take advantage of a 15% permanently excluded … Continue reading →

Posted in Featured, Tax Alerts | Tagged Kentucky Opportunity Zone, Opportunity Zones, QOF, Qualified Opportunity Fund | Leave a comment

Effective Date Delayed for Leases, Credit Losses, Hedging & Insurance

Posted on November 21 2019 by DMLO CPAs

The FASB issued two Accounting Standards Updates (ASUs) earlier this month that finalize various effective date delays for standards on leases, current expected credit losses (CECL), hedging, and long-duration insurance contracts: ASU 2019-09, Financial Services—Insurance (Topic 944): Effective Date, ASU … Continue reading →

Posted in Accounting Alerts, Featured | Tagged Accounting Standards Updates, ASU 2019-09, ASU 2019-10, credit losses standard, effective date delays, FASB, hedging standard, insurance standard, lease standard | Leave a comment

DMLO CPAs Mourns the Passing of Founding Partner John Livesay

Posted on September 13 2019 by DMLO CPAs

With immense sadness, we share the news that founding partner John Livesay has passed from this life, at the age of 80, on September 9, 2019. Leaving a successful career at a national firm, Mr. Livesay, along with Joel Deming, … Continue reading →

Posted in Featured, Firm News | Leave a comment

Relief On Sales Tax Regulations For Kentucky Nonprofits

Posted on March 26 2019 by DMLO CPAs

The Governor has signed House Bill 354, effective immediately, which includes relief on sales tax regulations for Kentucky nonprofits. House Bill 354 exempts organizations from collecting sales tax on most of the sales of admissions to events and activities sponsored … Continue reading →

Posted in Featured, Not-for-profit | Tagged House Bill 354, nonprofit sales tax | Leave a comment

2018 Tax Refunds Will Not Be Delayed If Government Shutdown Continues

Posted on January 8 2019 by DMLO CPAs

The IRS will begin processing tax returns on Monday, January 28, 2019, and has confirmed that 2018 tax refunds will be issued to taxpayers as scheduled. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government … Continue reading →

Posted in Featured, Tax Alerts | Tagged 2018 tax refunds, government shutdown, tax season | Leave a comment

2018 Student Leadership Program

Posted on February 12 2018 by DMLO CPAs

College accounting students: we’d like to invite you to join us for our expanded 2018 Student Leadership Program. Learn about #CPALife, our firm, how to have an awesome interview, and the skills you need to be recognized as a leader. Continue reading →

Posted in Careers, Featured | Tagged student leadership program | Leave a comment

Last Minute Tax Moves For 2017 In Light of Tax Reform

Posted on December 20 2017 by Bea Rosenberg

Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of federal tax you will … Continue reading →

Posted in Featured, Tax Alerts | Tagged Tax Cuts & Jobs Act, tax reform, tax tips, year-end planning | Leave a comment

DMLO CPAs Honored Among 2017 Top 10 Louisville Partners In Philanthropy

Posted on September 14 2017 by DMLO CPAs

We were recently recognized once again by Business First as one of the most generous medium-sized companies in our area, at the Louisville Partners in Philanthropy Awards luncheon at the Seelbach Medallion Ballroom. See photos from the awards luncheon here. Excerpts from … Continue reading →

Posted in Featured, Firm News | Tagged #DMLOCares, Partners in Philanthropy, PIP, Top 10 | Leave a comment

DMLO Leadership Program a Big Hit With Students

Posted on June 1 2017 by DMLO CPAs

We recently invited students from several area universities to join us for a leadership program. Enjoy our highlight gallery, and check out the great feedback we received from participants. “Thank you so much for giving me the opportunity to … Continue reading →

Posted in Careers, Featured | Tagged #CPAlife, Careers, Leadership Day | Leave a comment

DMLO CPAs Congratulates Business of the Year Winners

Posted on December 12 2016 by DMLO CPAs

DMLO CPAs was pleased to partner with Louisville Business First to honor 21 outstanding businesses and nonprofit organizations that have demonstrated excellence in 2016, at an awards gala at the Henry Clay last Thursday. In its 12th year, the Business … Continue reading →

Posted in DMLO Report, Featured | Tagged Business of the Year, Eagle Award of Excellence | Leave a comment

Federal Judge Blocks New Overtime Pay Rule

Posted on November 23 2016 by DMLO CPAs

Texas Federal Judge Amos Mazzant issued a nationwide preliminary injunction last night, blocking the Department of Labor’s new overtime pay rule, and putting into peril one of President Obama’s signature accomplishments in respect to boosting wages. The new overtime pay … Continue reading →

Posted in Featured | Tagged DOL, overtime pay rule | Leave a comment

Major Tax Law Changes Likely With President Trump

Posted on November 11 2016 by DMLO CPAs

Election outcome likely to result in major tax law changes The unexpected election of Donald Trump as President, along with Republicans retaining control of both chambers of Congress, will likely result in an overhaul of the U.S. tax code. Based … Continue reading →

Posted in Featured, Tax Alerts | Tagged President Trump, tax law changes, tax reform | Leave a comment

DMLO CPAs Announces New Director

Posted on September 30 2016 by DMLO CPAs

At our annual State of the Firm staff meeting, President Chris Ward announced the promotion of Mike Cook to Director, effective October 2016. Mike joined DMLO in 2001, and heads up the firm’s construction niche. He specializes in employee benefit … Continue reading →

Posted in Featured, Firm News | Tagged Careers | Leave a comment

DMLO CPAs Recognized As Top 10 Partner in Philanthropy

Posted on August 30 2016 by DMLO CPAs

President Chris Ward accepted an award recently at the Business First Corporate Philanthropy luncheon, recognizing the firm as one of the ten most generous companies in Louisville in the mid-size category. See photos from the event here.

Posted in Careers, Featured, Firm News | Tagged philanthropy, PIP, Top 10 Reasons to choose DMLO | Leave a comment

2nd Annual DMLO Day of Service

Posted on July 26 2016 by DMLO CPAs

Last year marked our 40th anniversary, and to celebrate that milestone and the legacy of service our founders began, we chose to organize a DMLO Day of Service, sending teams out to share their time and talents with various not-for-profits. … Continue reading →

Posted in DMLO Cares, Featured | Tagged #DMLOCares | Leave a comment

DMLO CPAs Earns National Recognition For Effective Workplace

Posted on May 25 2016 by DMLO CPAs

We are honored to once again receive the prestigious When Work Works award, one of only 8 companies in Kentucky and 351 nationwide to be recognized for our effective workplace practices. Continue reading →

Posted in Featured, Firm News | Tagged when work works | Leave a comment

IRS Penalties For Return Not Filed Or Tax Not Paid

Posted on March 17 2016 by Gia Sandman

As you might expect, you can incur IRS penalties if a tax return is not timely filed or a tax liability is not timely paid. The rules are often complex; however, you may avoid a penalty if you can show reasonable … Continue reading →

Posted in DMLO Report, Featured | Tagged delinquent taxes, failure-to-file, failure-to-pay, IRS, IRS penalties, tax tips | Leave a comment

DOL Stresses Importance of EBP Audit Quality

Posted on January 19 2016 by Mindy Heck

Over the past few months, the Department of Labor (DOL) has been sending out emails to plan sponsors regarding the importance of audit quality. This communication stresses that the selection of a qualified CPA with the expertise to perform the … Continue reading →

Posted in Employee Benefits, Featured | Leave a comment

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