Welcome to the Senter, CPA Team – Kelly Thompson

by | Sep 15, 2021 | Team | 0 comments

Kelly Thompson

Staff Accountant

 

My name is Kelly.  I am so excited to be welcomed by the Senter, CPA team as I restart my career, now that both my children are in school full time.

I am so grateful for this opportunity to introduce myself.

Before my professional career, I attended the University of Michigan, graduating with a Bachelors Degree in Business Administration.

Through college and until my firstborn made her appearance, I have worked in the financial industry – most recently as a Treasurer with a local sporting goods store.  Prior to that, I was an Accounting Clerk for a financial company that handled all of the accounting responsibilities from start to finish.

Throughout my college years, and to this day, I’ve had, and have, so much fun supporting my alma matter!  My mother-in-law and I attended the annual Women’s Football Academy at the Big House for 9 years until the academy dissolved in 2013.  We would spend an entire day learning the fundamentals of the game of football taught to us by the team, staff, and coaches themselves!  We got to tour the gyms, locker rooms, offices, museum, practice fields, and conference rooms.

One of our favorites was to have lunch with the players, ending each academy with a fun and friendly scrimmage in the Big House. We always left with a sense of pride having raised money for the Coach Carr Cancer Fund, and also feeling as though we had made friends with the players and coaches.  When the season came around, we felt like we were watching our buddies on the field and sidelines. 

Attending games each season is still something we look forward to with a special new appreciation now that we get to watch a couple games through our children’s eyes.

 Some of my favorite things to do are:

  • Horseback Riding
  • Planning
  • Printing & Organizing Our Photos/Scrapbooking
  • UofM Football
  • Boating, Tubing, Kayaking, Paddle Boarding
  • Doing just about anything with my kids (Audrey, 8), (Brody, 6) and husband (Josh). They are the highlight of my days.
  • Recently, we’ve taken to growing some of our own vegetables (tomatoes, zucchini, cantaloupe, watermelon, and orange peppers).

My husband and kids surprised me with a weekend in Ludington for my birthday. A highlight was trail riding at this incredible facility!

I am beyond grateful to work with each of my new team members at Senter, CPA, and look forward to meeting our clients. If you ever need anything, please call 248-934-0550.

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The reporting amount threshold has increased. Yes, you read that right! The old $600 filing requirement for 1099-MISC & 1099-NECs has been increased to $2,000, with some minor exceptions.

To jog your memory, if you need it, you are required to file 1099s to those who you pay for rent, contract labor (not through your payroll), interest, etc. The 1099-MISC is most commonly used to report rent, while the 1099-NEC is mostly used to report non-employee compensation to most everyone.

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Understanding Quarterly Estimated Tax Payments

If you’re self-employed, a freelancer, or a small business owner, quarterly estimated tax payments are an important part of staying current with your federal tax obligations. Because taxes typically aren’t withheld from self-employment income, the IRS requires many taxpayers to pay taxes throughout the year instead of waiting until they file their annual return. Making timely estimated payments can help avoid a large tax bill and potential underpayment penalties.

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Every couple of years, I spend part of my summer leaving the office.

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Always remember, Senter, CPA is here for you if you need any assistance.

Don't hesitate to give us a call at 248-934-0550, or contact us below.

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Trump Accounts are a new type of savings vehicle designed to help families build long-term financial resources for children. Structured as a special type of traditional IRA, these accounts have specific rules governing eligibility, contributions, investments, and withdrawals.

Senter Forward: The Kind of Client Relationship We Want to Build

I will start with something that may sound strange coming from a CPA firm: we are not trying to take every piece of work that walks through the door.
We have reached a point where the question is less “Can we prepare this return?” and more “Can we build a relationship here where our team can actually help?” That difference matters.

Federal Updates on Tip And Overtime Tax Deductions

Recent federal tax legislation introduced new deductions related to qualified tip income and overtime pay. These changes may benefit eligible employees while also creating additional reporting responsibilities for employers. At Senter CPA, we are helping both businesses and individual taxpayers understand how these rules apply and how to stay compliant.

1099 Filing Requirements Update! Yes, this is good news!

The reporting amount threshold has increased. Yes, you read that right! The old $600 filing requirement for 1099-MISC & 1099-NECs has been increased to $2,000, with some minor exceptions.

To jog your memory, if you need it, you are required to file 1099s to those who you pay for rent, contract labor (not through your payroll), interest, etc. The 1099-MISC is most commonly used to report rent, while the 1099-NEC is mostly used to report non-employee compensation to most everyone.

Mid-Year Financial Checkup Checklist: Are You on Track for 2026?

Summer is a good time to check in on your finances. The year is already halfway over, which makes it easier to see what’s working and what might need attention. Maybe your income has changed. Maybe you’ve spent more than expected or fallen behind on a savings goal.

Understanding Quarterly Estimated Tax Payments

If you’re self-employed, a freelancer, or a small business owner, quarterly estimated tax payments are an important part of staying current with your federal tax obligations. Because taxes typically aren’t withheld from self-employment income, the IRS requires many taxpayers to pay taxes throughout the year instead of waiting until they file their annual return. Making timely estimated payments can help avoid a large tax bill and potential underpayment penalties.

Why I Visit Our Accounting Clients

Every couple of years, I spend part of my summer leaving the office.

That probably sounds strange coming from a CPA.

Have You Moved Recently? Make Sure the IRS Has Your New Address

Moving into a new home is an exciting milestone, but one important task is often overlooked: updating your address with the IRS.

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Summer means different things to different people.
For some, it’s beach vacations, backyard BBQs, and long weekends.

Mileage Matters. Don’t Let Those Miles Go to Waste! Let Them Reduce Your Tax Bill!

Do you own your own business? If so, make sure you are not missing this one simple deduction! If you use your car for work, your mileage could be saving you money on taxes.