D.K. ARNDT, P.C. HIRES LORRAINE CHRISTIANSON AS STAFF ACCOUNTANT

Gustave ByomDKA Notes

“We are pleased to announce the hiring of Lorraine Christianson,” said Dave Arndt, owner of D.K. Arndt, P.C.  “We are excited about the potential growth opportunity her addition creates for the residents of North Iowa.” Lorraine is a 2017 graduate of Winona State University where her interest in small business success inspired her to seek a degree in accounting and …

2017 Standard Mileage Rates for Business, Medical and Moving Announced

Gustave ByomDKA Notes

The Internal Revenue Service today issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile for business miles driven, …

Overtime Rules Have Been Delayed

Gustave ByomDKA Notes

A Texas federal court judge has issued a preliminary injunction, delaying the DOL’s changes to the FLSA overtime exemption rule. And while many may welcome the news, the reality is it creates a huge mess for employers. Granted, you could argue the rule changes themselves created a mess for employers. But for the most part, employers have adapted to them …

Be Aware of New Tax Filing Due Dates

Gustave ByomDKA Notes

Starting in 2017, there are several new dues dates for various tax filings.  Most of these changes were passed by Congress in 2015, but there is always a grace period to allow the IRS and taxpayers to get ready.  Here is a listing the major changes: ·         Form 1099s and W2s are now due by January 31.  Under old law, the …

D.K. Arndt of Lake Mills merges into Forest City

Gustave ByomDKA Notes

D.K. Arndt, P.C. has merged the Lake Mills office into the operations of the D.K. Arndt, P.C. Forest City location on October 1, 2016. The decision is a result of new government regulations, and the ability to improve efficiencies in services provided to you.  D.K. Arndt’s goal is to provide you with seamless transition as we continue to provide you with …

Is Your Business ERISA Compliant?

Gustave ByomDKA Notes

The following information is to advise you of a compliance issue you need to be aware of and possibly take action to ensure you avoid the risk of $110 per-day, per-employee penalties. There is an increase in the number of Department of Labor (DOL) rules regulating health and welfare plans, which is putting employers at an increased risk of significant …

IRS Telephone Scams Continue

Gustave ByomDKA Notes

The Internal Revenue Service issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS. These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They …

Overtime Rules to Change

Gustave ByomDKA Notes

On May 18, 2016, President Obama announced the Department of Labor’s final rule updating the overtime regulations, which will automatically extend overtime protections to over 4 million workers considered “white collar.” This new rule will become effective December 1, 2016. The overtime rule changes employees classified as “white collar” to require wages of $913 per week, or $47,476 annually. The …