October 2021
Featured Article From Our Experts
Techniques to Improve Internal Financial Reporting & Analysis

Having sound financial reporting is an important practice for any business. Ensuring that your internal reports are not only timely but accurate and complete is key to the financial health of your business. How does your finance department measure up when it comes to providing this key information to management? This article offers key techniques to help improve your internal reporting and analysis.

Being Prepared for an IRS Audit
The IRS recently announced it intends to hire thousands of new employees as part of a tax-enforcement push, which could mean an uptick in audits sometime soon. The best way to survive an IRS audit is to prepare for one in advance. This article discusses what might trigger an audit, how taxpayers are likely to be contacted and who can help.
The Deductibility of Medical Expenses
Individual taxpayers may be able to claim medical expense deductions on their tax returns. However, the rules can be challenging, and it can be difficult to qualify. This article offers up five points to keep in mind about the deductibility of medical expenses.
Don’t Get Blown Away by a Windfall
Receiving a sudden and sizable influx of cash may seem like a dream come true. It can be, but many people get blown away by a windfall and end up in worse financial shape. This article suggests some common-sense tips on creating a sensible, long-term plan.
State Taxes Impact Business Sales, Too
Business owners sometimes decide to put their companies on the market. When doing so, they may focus on the federal tax implications of a sale. But there will be state tax implications, too. This brief article touches on some key issues regarding state taxes.
Register for our Annual Tax & Financial Planning Conference on November 10, 2021!
Join us for our Annual Tax & Financial Planning Conference. This conference is designed to bring you up to date on recent tax, accounting and financial updates and provide key year-end strategies to help you lighten your tax burden and better achieve your financial objectives. The conference will be held virtually and CPE credit will be offered.


About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. Throughout this forty plus years' history, we have been wholly dedicated to the success of our clients. Every aspect of our business has been guided by our values and our commitment to putting each client's interests first. In a complex profession, we have found our greatest rewards in the simplicity of helping good people prosper. Delivering confidence in every financial decision is our goal for our clients and it's also the most significant way we can contribute to their long-term success.

To learn more about Dannible & McKee, visit us at: www.dmcpas.com.