The IRS recently announced it will automatically be applying penalty waiver relief for taxpayers that made payments of at least 80% of the tax liability shown on their 2018 tax return.

Meet one of our newest team members, Jessica Miller.

Casey Peterson, Ltd. is seeking a Senior Tax Associate to join our Rapid City, SD team.

Casey Peterson, Ltd. is seeking an Accounting Services Associate to join our Rapid City, SD team.

The South Dakota Department of Labor and Regulation's Unemployment Insurance (UI) Division was renamed to the Reemployment Assistance (RA) Division, effective Monday, July 1, 2019.

Casey Peterson, Ltd. has been awarded the 2018 Top Wealth Advisory Firm from HK Financial Services (HKFS).

The Internal Revenue Service (IRS) announced it will extend the deadline for qualifying farmers and ranchers to file and pay taxes from March 1 to April 15.

Effective January 1 of each year, South Dakota increases its minimum wage rate to reflect an increase in the cost of living. This increase, which is 2.7 percent for 2019, is determined by the Consumer Price Index, a measure of changes in the purchasing-power of currency and the rate of inflation. South Dakota’s minimum wage will increase from $8.85 to $9.10 per hour in 2019.

There is an important tax accounting development that could reduce your recordkeeping and accounting burdens. As you may be aware, many automobile dealers value their inventories of auto parts at the amount it would cost to buy replacement parts rather than at “actual cost.”

Recently, as part of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, Congress made several changes to credit rules that benefit consumers. Under the new law, consumers are now allowed to "freeze" and "unfreeze" their credit reports free of charge at all three of the major credit reporting bureaus, Equifax, Experian, and TransUnion. The law also extends free credit freeze protection to children under age 16 and increases initial fraud alert protection to one full year (previously, fraud alerts expired after 90 days unless they were renewed).