Jay joined Menke and Company in September 2013, and became a shareholder in 2016. His primary responsibilities include financial statement preparation and tax planning and preparation. Jay’s niche expertise is with personal and business income tax consulting, planning and preparation, and he has broad experience with medium and small businesses, including multi-state taxation issues.
Before joining the firm, he interned and worked at both National and local accounting firms throughout Iowa including Ernst & Young, RSM McGladrey, McGowen Hurst Clark and Smith PC and CPA Associates PC. Jay earned a Bachelor’s degree in Accounting and a Master's of Accountancy (emphasis in Taxation) from the University of Iowa. He is a Certified Public Accountant, and is a member of the Iowa Society of CPAs and the American Society of CPAs.
He spends time volunteering for and acting as the treasurer of the Burlington Kiwanis Club. He is also a member of the Knights of Columbus and is an active member of St John Catholic Church of Houghton.
In his free time, Jay enjoys spending time with his family, being outdoors and cheering for the Iowa Hawkeyes!
If your small business is planning for payroll next year, be aware that the “Social Security wage base” is increasing.
The Social Security Administration recently announced that the maximum...
COVID-19 has changed our lives in many ways, and some of the changes have tax implications. Here is basic information about two common situations.
1. Working from home.
Many employees have been told not to come into their workplaces due to...
If you’re getting close to retirement, you may wonder: Are my Social Security benefits going to be taxed? And if so, how much will you have to pay?
It depends on your other income. If you’re taxed, between 50% and 85% of your benefits could be taxed. (This...