De Boer, Baumann & Company, PLC

07/21/2026

Not-for-profit organizations manage a wide range of records, including financial documents, grant agreements, board minutes, donor acknowledgments, and employee files. Without a consistent document retention policy, important records may be discarded too soon, while outdated or sensitive information may be kept longer than necessary.

A thoughtful policy establishes clear expectations for what should be retained, how long records should be kept, where they should be stored, and how they should be securely destroyed. It can also help support audits, grant reporting, regulatory compliance, and sound governance.

In our latest blog, we outline the records not-for-profit organizations should consider maintaining, common retention periods, and why every policy should include procedures for electronic records and legal holds.

Have questions about developing or updating your organization’s document retention practices? Contact the DBC team to discuss your organization’s needs.

Read the full article: https://www.dbccpa.com/2026/07/12/document-retention-policies-what-not-for-profits-need-to-keep-and-why/

Document control manager organizing digital files, efficient document control By Katie Chrisman / July 12, 2026 Blog, Featured, Non-Profit Posts 87 Views Document Retention Policies: What Not-for-Profits Need to Keep and Why Every not-for-profit organization generates an enormous amount of documenta...

07/15/2026

Federal grants can create valuable opportunities for agricultural businesses, but changes to funding programs can also introduce unexpected financial risk.

Recent uncertainty surrounding the Rural Energy for America Program (REAP) serves as a reminder that major capital investments should be evaluated with multiple financial scenarios in mind. Projects that rely heavily on grant funding may face challenges if reimbursements are delayed or program requirements change.

In our latest blog, we discuss the recent REAP funding concerns, what they could mean for agricultural producers, and why careful financial planning remains essential when evaluating renewable energy and other capital improvement projects.

If you're considering a significant investment in your operation, DBC can help you evaluate financing options, assess long-term financial impacts, and build a strategy that supports your business through changing conditions.

Read the full article here: https://www.dbccpa.com/2026/06/22/federal-energy-grant-uncertainty-creates-challenges-for-michigan-agricultural-businesses/

Cornfield Wind Turbine By Katie Chrisman / June 22, 2026 Agriculture Posts, Blog, Featured 190 Views Federal Energy Grant Uncertainty Creates Challenges for Michigan Agricultural Businesses Federal grant and incentive programs often play an important role in helping agricultural operations invest in...

07/13/2026

Repairs and capital improvements may seem similar, but the way they are treated for tax purposes can have a significant impact on deductions, cash flow, and long-term planning.

Whether you're remodeling your own facility or helping clients navigate renovation projects, understanding the difference between the two is essential. The way a project is classified affects when costs can be deducted, how assets are depreciated, and how financial results are reported.

This blog breaks down how the IRS distinguishes repairs from capital improvements, including what factors determine whether an expense can be deducted immediately or must be capitalized. We also discuss safe harbor rules, projects that include both repairs and improvements, and why accurate documentation matters.

Taking the time to classify remodeling costs correctly can help reduce tax risk, improve budgeting, and support more informed decisions throughout the life of a project.

Whether you're investing in your own facilities or advising clients through renovation projects, understanding the tax treatment of those costs matters. DBC can help you evaluate the financial impact, document expenses appropriately, and develop a strategy that supports your business goals.

Read more: https://www.dbccpa.com/2026/07/07/capital-improvements-vs-repairs-whats-deductible-in-remodeling/

Worker repairman puts large ceramic tiles on the walls in the room By Katie Chrisman / July 7, 2026 Blog, Construction, Featured 100 Views Capital Improvements vs. Repairs: What’s Deductible in Remodeling? Construction businesses often face questions from clients about what can be deducted during ...

07/10/2026

Strong financial habits are often what separate hospitality businesses that simply react to change from those that are prepared for it.

Regular financial reviews, cash reserve planning, labor cost monitoring, budgeting, and forecasting all play an important role in helping owners navigate seasonal fluctuations, rising costs, and unexpected expenses while keeping the business on solid financial footing.

In this blog, we discuss several financial practices that can help hospitality businesses build resilience, including monitoring key performance indicators, planning for major expenditures, strengthening cash flow, and using financial statements to make more informed business decisions.

We also explore how consistent financial management can help owners improve long-term stability, respond more confidently to changing market conditions, and position their businesses for sustainable growth.

At DBC, we work with hospitality businesses to strengthen financial reporting, improve decision-making, and develop strategies that support long-term success.

Read more: https://www.dbccpa.com/2026/07/07/financial-habits-that-help-hospitality-businesses-stay-resilient/

Caucasian Young Adult Man and Woman Calculating Taxes Together at Home By Katie Chrisman / July 7, 2026 Blog, Featured, Restaurant & Hospitality 49 Views Financial Habits That Help Hospitality Businesses Stay Resilient Hospitality businesses operate in an environment that can change quickly.Seasonal...

07/07/2026

Record farmland values have strengthened many farm balance sheets, but they have also made estate planning more complex.

When farmland represents a significant portion of a family's wealth, dividing assets equally may not always support the long-term success of the farming operation. Transition plans should consider not only today's land values, but also whether the next generation can realistically manage the financial responsibilities that come with ownership.

In our latest blog, we explore key estate planning considerations for farm families, including balancing fairness among heirs, evaluating long-term affordability, and preserving the future of the operation.

If you're beginning to think about farm succession or ownership transition, DBC can help you evaluate your options and develop a strategy that supports both your family and your farm.

Read the full article here: https://www.dbccpa.com/2026/06/22/rising-land-values-are-creating-new-challenges-for-farm-estate-planning/

default By ssronce / June 22, 2026 Agriculture Posts, Blog, Featured 151 Views Rising Land Values Are Creating New Challenges for Farm Estate Planning Strong farmland values have been a positive development for many agricultural operations, but they are also creating new challenges for farm families...

07/04/2026

This Independence Day marks a historic milestone as our nation celebrates 250 years since the signing of the Declaration of Independence!

As we recognize this anniversary, we reflect on the values that continue to guide us forward: resilience, perseverance, equal opportunity, and a commitment to building a stronger, more equitable future. It is also a time to appreciate the vibrant communities, local businesses, and individuals who work every day to strengthen our region.

From all of us at DBC, we wish you a safe, meaningful, and enjoyable Fourth of July!

06/30/2026

Subcontractor payments are a routine part of doing business in construction, but they also come with important tax and compliance responsibilities.

Worker classification, W-9 collection, 1099 reporting, job costing, and documentation practices can all affect financial reporting, tax compliance, and project profitability.

In our latest blog, we discuss several tax strategies for managing subcontractor payments, including how to maintain proper documentation, improve job-cost tracking, prepare for year-end reporting, and strengthen communication between accounting and project teams.

We also explore how proactive planning can help construction companies reduce risk, improve efficiency, and maintain a more accurate financial picture across their projects.

At DBC, we help construction companies strengthen their financial processes, improve compliance, and build systems that support informed business decisions.

Read more: https://www.dbccpa.com/2026/06/08/tax-strategies-for-managing-subcontractor-payments/

Subcontractors play a central role in most construction projects. Their work influences schedules, budgets, and overall project performance. They also create specific tax responsibilities that contractors must manage carefully. When subcontractor payments are handled inconsistently or without proper...

06/29/2026

Meet Jaycie Hilaski, Manager at DBC and this month's Employee Spotlight!

Since joining the firm in January, Jaycie has enjoyed working with not-for-profit organizations, helping clients navigate tax, assurance, and compliance matters so they can stay focused on serving their communities. She especially appreciates the variety that comes with not-for-profit work and the meaningful relationships she builds with clients along the way.

Outside of work, Jaycie enjoys spending time with her husband, Brett, and their two young children. From weekends at their seasonal campsite to boat rides and family adventures, making memories together is what she enjoys most.

Learn more about Jaycie, her role at DBC, and what keeps her busy when she's away from the office in the blog below.

https://www.dbccpa.com/2026/06/22/employee-spotlight-jaycie-hilaski/

06/29/2026

Please join us in welcoming Tim Stob, CPA, to DBC as our new Chief Operating Officer!

Tim brings more than 25 years of experience in public accounting and business operations. Throughout his career, he has helped organizations improve efficiency, implement new processes, and navigate complex business challenges with practical, strategic solutions.

As COO, Tim will focus on strengthening our day-to-day operations and supporting the firm's long-term strategic vision, helping ensure we continue delivering exceptional service to our clients while investing in our people.

We're excited to have Tim on the DBC team and look forward to the experience and leadership he brings to the firm.

Welcome, Tim!

06/24/2026

Growth can be exciting for hospitality businesses, but sustainable growth requires more than strong demand. It requires planning, financial discipline, and a clear understanding of what the business can support.

In our latest blog, we discuss several key considerations for hospitality businesses preparing for long-term growth, including evaluating cash flow, assessing staffing needs, planning for capital investments, and monitoring performance as operations expand.

At DBC, we work with hospitality businesses to evaluate growth opportunities, understand their financial impact, and develop strategies that support long-term success.

Read more: https://www.dbccpa.com/2026/06/08/preparing-your-hospitality-business-for-long-term-growth/

Growth can be exciting for hospitality business owners. Strong occupancy rates, increasing reservations, and positive customer feedback often create opportunities to expand.However, sustainable growth requires more than demand. It requires planning.Whether you're considering adding a new location, r...