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COOK MARTIN POULSON


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This is Chris Redgrave for Zions Bank, speaking on business.

It's well known that tax codes change every year. This year the Affordable Care Act affected change for businesses across the U.S. With everything it takes to run a successful and growing company, it can be difficult to stay on top of all the laws, rules and regulations. Or you could turn to someone like Cook Martin Poulson, an accounting firm in Logan with a second office in Salt Lake City, most known for their proactive approach to tax law.

They keep their finger on the pulse of tax law, and when they see something coming down, they figure out how to update clients. Most recently that includes new IRS requirements for documenting repairs and maintenance and also Affordable Care Act provisions that went into effect this year.

Last spring they could see changes within our system would be areas of interest for citizens and business owners. So, they created a program to teach about the new tax laws and provisions around these changes and then taught up to 30 of those classes, strictly from a tax law standpoint to help people understand how it would affect them. The classes expanded from clients into the general public. It's something Troy Martin, one of the firm's five owners, recognized as a huge need. They even turned the program into a series of YouTube videos explaining individual mandates and what premium subsidies are. You can find them on their website, cookmartin.com.

Another big change for 2013 was in IRS requirements for reporting repairs and maintenance deductions. The new regulations were issued in September so Cook Martin Poulson created a class to teach clients how to keep track of routine maintenance and major repairs then break it out to their advantage.

It's this proactive approach that helps Cook Martin stand out. They are a primarily tax-driven firm, committed to building community and businesses, adding value to the community they serve and having a passion for their work, their clients and helping businesses use tax law to their best advantage.

For Zions Bank, I'm Chris Redgrave, speaking on business.

Cook Martin Poulson with locations in Logan and Salt Lake City 435-750-5566 www.cookmartin.com

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