Being a business owner or executive, board member, and responsible family man/woman comes with numerous challenges; some of which are financial, tax and value related. Ketel Thorstenson wants to help by offering insight and suggestions to understand and improve the bottom line of your business or organization, and personal wealth.
Each lunch hour session will have a specific topic. The schedule and topics are as follows:
July 26: Reading & Analyzing Form 990s
The Form 990 is filled with important information, including yearly grants and contributions received by charities, how much money is paid to board members and management, and what policies a non-profit elects to have. We will cover how to read and analyze this form from different perspectives, whether you are the organization’s accountant, executive director, board member or potential donor. Come learn what you should be looking at on the Form 990.
Presenters: Jean Smith, CPA, Partner and Traci Hanson, CPA, Partner
August 16: Cap Rates- Methods & How Industry and Debt Affects a Capitalization Rate and Therefore Value
We will explore various methodologies of deriving an appropriate capitalization “cap” rate to be applied to a cash flow stream to determine overall value. We will discuss how the industry in which the subject company operates and the specifics of such company can and should affect a cap rate. If you have ever wondered how a company’s debt level affects value, this is a “must attend” for you.
Presenter: Ericka Heiser, MBA, CVA, Manager
August 30: Trusts- Pros & Cons
There are many reasons to set up a trust, including avoiding probate, providing for your family after your death, and stating exactly how, and when, your descendants receive their inheritance. But what are the tax implications of owning assets in a trust vs. owning the assets personally? Come learn about the different types of trusts, and the pros and cons of setting them up. Attorneys, Financial Planners, Trust Officers, and anyone who wants to learn more about trusts is welcome to attend.
Presenters: Denise Webster, CPA, PFS, Managing Partner and Michelle Minnerath, CPA, Senior Manager
Join us at our Rapid City office at 810 Quincy Street from noon – 1 p.m. for these sessions. There is a $5 fee, which includes lunch. Seating is limited. Please RSVP at least one week prior to the session to RSVP@ktllp.com or call 605-716-3284.
Ketel Thorstenson, LLP has over 50 CPA’s on staff and has been serving clients across the region since 1936. With offices in Rapid City, Spearfish, Custer, and Williston, ND, the firm offers a variety of services including tax planning and return preparation, audit services, QuickBooks support, Xero support, bookkeeping, payroll, business valuation and estate planning.
Additional information can be found on the events page https://ktllp.com/news-events/events/.
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