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David Fochs, Jr.

CPA

Partner

Phone: 507.252.6688
Email me
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About David

David Fochs, Jr., began his career in public accounting in 2011 and joined the staff of Hawkins Ash CPAs in 2020.

As a Certified Public Accountant (CPA) and Partner in the firm’s Rochester, MN, office, David reviews corporate, individual and pass-through business tax returns.

He also assists clients with 990 nonprofit and foreign filings, farm tax accounting and international taxation, in addition to recent Paycheck Protection Program (PPP) loan forgiveness calculations.

Prior to joining Hawkins Ash CPAs, David served as tax supervisor and tax manager at two award-winning public accounting firms in the Midwest.

 

“I enjoy working with the variety of clients that I get to meet and assist on a daily basis. Every day brings new challenges that continue to provide professional and personal growth.”

David Fochs, Jr., CPA

Areas of Focus

990 Nonprofit and Foreign Filings

Businesses

Individuals

International Taxation

Loan Forgiveness Calculations

Tax Returns

Education

Bachelor of Arts, Accounting, Finance, Spanish, University of Wisconsin-Oshkosh

Certified Public Accountant (CPA)

Professional Affiliations

American Institute of Certified Public Accountants (AICPA), Business Valuation School Instructor

AICPA Forensic and Valuation Services (FVS) Executive Committee, Member

Wisconsin Institute of Certified Public Accountants (WICPA), Member

American Society of Appraisers (ASA), Member

Institute of Management Accountants (IMA), Member

Community Organizations

Rochester Curling Club

Recent Posts by David

/ Articles, Tax
The Tax Advantages Of Including Debt In A C Corporation Capital Structure

The Tax Advantages of Including Debt in a C Corporation Capital Structure

Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing
Read More
/ Articles, Tax
Bartering Is A Taxable Transaction Even If No Cash Is Exchanged

Bartering is a Taxable Transaction Even if No Cash is Exchanged

If your small business is strapped for cash (or likes to save money), you may find it beneficial to barter
Read More
/ Articles, Business, Tax
Beneficial Ownership Information (boi) Report

Beneficial Ownership Information (BOI) Report: Who Must Report and How

Effective January 1, 2024, a new reporting requirement goes into effect that will require millions of small businesses to file
Read More
/ Articles, Business, Tax
Tax Implications Of Divorce Settlements

Divorcing Business Owners Should Pay Attention to the Tax Consequences

If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner,
Read More
/ Articles, Business, Tax
Earned Sick And Safe Time

Earned Sick and Safe Time: How It Works

Effective January 1, 2024, Minnesota is implementing an earned sick and safe time law, which mandates employers to offer paid
Read More
/ Articles, Business, Tax
Fraud Risks In Family Businesses

Reducing Fraud Risks in Family Businesses: Strategies and Solutions

Family businesses make up a huge percentage of companies in the United States and produce much of the country’s gross
Read More
/ Articles, Business, Tax
Net Operating Loss (nol) Deduction For Business Losses

Maximizing Tax Relief for Business Losses: Navigating the Net Operating Loss (NOL) Deduction and Tax Law Changes

Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften
Read More
/ Articles, Business, Tax
Social Security Benefits

Be Prepared for Taxes on Social Security Benefits

Whether you’ve filed your 2022 tax return or soon will, one thing you don’t want to experience is a surprise.
Read More
/ Articles, Tax
Investment Fraud

Are You at Risk for Investment Fraud?

Many perpetrators of investment fraud know how to push the right psychological buttons to entice their “marks” to buy worthless
Read More