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The qualified business income (QBI) deduction is scheduled to disappear after 2025. Congress could extend it, but don’t count on it. Here’s what you need to know to make the most of it while you can.
The deadline to comply with a new U.S. Department of Labor rule regarding worker classification is March 11.
Even if your startup business has little or no income tax liability, you may be eligible for a payroll tax credit election for increasing research activities. This tax break got better under the Inflation Reduction Act.
As the manufacturing landscape continues to evolve and globalization continues to shift, many industrial businesses are assessing how mergers and acquisitions (M&A) will fit into their strategy.
Many new ventures start out as sole proprietorships. Here are nine considerations if you’re operating a business that way.
Many employers who sought the employee retention credit aren’t even aware that they’re at risk of penalties and steep fines for making fraudulent claims. The IRS says these signs might help.
Please contact one of our team members for more information on how we can help you with your business or individual financial needs.
Helping clients build, preserve, and transfer business value and personal wealth since 1958.
"KraftCPAs has supported me from the beginning of my journey, helping me grow WireMasters from a small aerospace distribution supplier into a global entity with multiple facilities in the U.S., Mexico, and Germany. KraftCPAs keeps WireMasters current on the ever-changing tax laws and government regulations. They also have provided personalized service to me and my family while helping us with financial and succession planning. KraftCPAs is a trusted partner who will help WireMasters, Inc. continue to grow."
David C. Hill
Chairman, Owner
WireMasters, Inc.
