As we near the end of busy season, for many it’s a time to a take a break and get a much needed rest with time off for vacation with family and friends. Others will be planning ahead to attend professional continuing education programs (CPE) to gain specialized industry training and skills.
March Madness may have a different meaning in the accounting world. There are tight deadlines to meet, clients to call back, and 4/15 is staring us down. However, at TeamDKB we try to embrace the spirit of March Madness. Deadlines to meet and clients to call back means we are busy and have the opportunity to continue providing great client service, which is always positive! We also try to have a little fun along the way!
Mid-year promotions were recently announced at DeJoy, Knauf & Blood. We had two team members promoted to manager and one team member promoted to supervisor! While our annual promotion day is August 1st, if team members show exemplary talent and skill we are excited to promote them early! It is our goal to continue growing not only our client base, but our talented team members as well.
Facebook founder Mark Zuckerberg made news recently by promising to give away 99% of his net worth, including his Facebook shares, to charity. The arrangement takes advantage of a unique tax break for charitable gifts of appreciated property, such as stock.
Background: If you have held property long enough for it to qualify for a long-term capital gain if you had sold it—in other words, more than one year—you can deduct an amount equal to the property’s fair market value (FMV). On the other hand, if the property would not qualify for long-term capital gain treatment on a sale, your deduction is limited to your basis in the property, which is often its original cost.
DeJoy, Knauf & Blood is honored to be nominated for the Rochester Business Journal's 2016 Best of the Web Award in the Banking and Financial Services Category!