After graduating from Washington and Lee University Law School, Catherine got her start in the tax department of KPMG's Chicago office where she served middle market clients in a number of different industries.
In 1994, after ten years at KPMG, she founded FRS & Associates. Shortly after, Catherine combined the business of FRS with two other accounting firms, managing them as one entity – XPonent Group. Today, Catherine leads the firm in providing planning, financial reporting, outsourcing, and tax services to a diversity of satisfied clients.
Catherine's experience at a big 10 accounting firm and her experience as a woman business owner give her an advantage that serves her clients well.
For many business owners, September tends to bring a bit of a slowdown. The chaos of getting kids prepared for going back to school has passed, and a focus on saving money tends to kick in as people prepare for the coming holiday spend. Combined, this can often translate into a lull for business owners.
This is a friendly reminder that the Q3 tax estimate payment deadline is coming up fast. Be sure to make your payment by September 15, 2018 to avoid penalties. Currently, penalties for late or no payment average about 4 percent. And wouldn’t you rather keep that money in your pocket?
According to new rules from the Tax Cuts & Jobs Act, meals and entertainment tax-deductible expenses for businesses have undergone considerable reform. Because the explanations of new deduction guidelines can be confusing, we’ve created this brief outline for you. A visit with your accounting professional to ensure your Chart of Accounts is correct may also be beneficial.