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Ryan Myers among newest class of 40 Under 40 professionals

Ryan Myers of KraftCPAs’ assurance services team has been chosen as one of the Nashville Business Journal’s 40 Under 40 professionals for 2021. The NBJ announced its list of 40 individuals out of more than 300 nominations from throughout Middle Tennessee.

Banking industry improved communications during COVID crisis

The banking industry rose to the occasion to answer investor questions quickly about potential credit losses on loans during the current economic crisis, according to FASB advisory discussions.

More stimulus spending approved for businesses, individuals

A massive new round of federal stimulus spending includes a PPP loan fix, new loan possibilities for small businesses, additional unemployment benefits, and $600 stimulus checks for individuals.

KraftCPAs Tax Leader Jerry Moss joins growing healthcare team

Jerry Moss, KraftCPAs’ Tax Leader, is joining the firm’s healthcare team to bolster the firm’s commitment to Middle Tennessee’s growing healthcare industry.

IRS further clarifies deductibility of PPP loan expenses

The IRS has issued more guidance to clear up the tax treatment of expenses when a loan from the Paycheck Protection Program hasn’t been forgiven by the end of the year.

With tax deadlines past, what record can you toss?

Did you file an extension until Oct. 15 to file your 2019 tax return? After finishing, you may find yourself with piles of tax-related documents. Here are some tax recordkeeping guidelines.

Unusual year mixes up routine year-end tax strategies

Interested in reducing your 2020 tax liability? There’s still time to take these year-end tax planning steps.

COVID-19 crisis could lead to increased fraud

Conditions are ripe during the COVID-19 crisis for dishonest employees to steal assets, engage in corruption schemes and/or misstate financial results. Here’s a look at the fraud triangle and how the motive, rationalization, and opportunity to commit fraud has grown during the pandemic.

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"Accurate, prompt, and caring, the Kraft team takes care of all things financial so the board and I can concentrate on serving our members.”

Rebecca Leslie

Executive Director

Nashville Academy of Medicine

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"KraftCPAs has taken care of our family businesses for three generations. We sleep better at night knowing that Vic and his team are looking out for our best interest."

Shirley Zeitlin

Chairman

Zeitlin Sotheby's International Realty®

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"KraftCPAs shares the Hiscall values of integrity and commitment to customer service. They keep us ahead of the game and always prove to have my best interest at heart."

Gary Luffman

Chief Executive Officer

Hiscall, Inc.

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"What's not to love? They're simply the best. KraftCPAs takes care of our family business as if it were their own."

Michael Smith

President

Rio Grande Fence Co.

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