CHATTANOOGA CPA FIRM

View our resources below for your business and individual financial needs.

KraftCPAs PLLC is one of the largest certified public accounting firms in Middle Tennessee. Founded by the late Joe Kraft in 1958, KraftCPAs has 4 offices and more than 200 employees allowing us to offer international resources with a small-town client service style.

6136 Shallowford Road
Suite 101
Chattanooga, TN 37421
(423) 894-7400
ChattanoogaTN@kraftcpas.com

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Timely Tax & Accounting Newsletter

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Tax law changes loom as part of proposed legislation

Oct 13, 2021

The outcome of two big pieces of legislation remains uncertain as negotiations continue in Congress. Here’s a look at the proposed bills and the potential tax law changes that could affect you or your business.

Changes are here for new lease accounting standard requirements

Oct 12, 2021

The new lease accounting standards changed in 2019 for public companies. Calendar-year private companies that follow U.S. Generally Accepted Accounting Principles must comply with the updated lease rules in 2022.

Analytical procedures are a critical part of the audit process

Oct 11, 2021

During the COVID-19 pandemic, many audit procedures have been performed remotely, forcing auditors to rely more heavily on analytical procedures. It’s important to understand how auditors use analytical procedures to make audits more efficient and effective.

Know the final tax score of winning

Sep 28, 2021

Whether you win money gambling online, at a casino, or in a sports betting activity, there will be tax implications. For those who find luck on their side, here are the basic rules to know.

Disaster-related losses could lessen your tax burden

Sep 21, 2021

If you’ve been affected by one of the many natural disasters across the U.S. in recent months, a variety of tax-relief options could help provide much-needed relief.

Employee Retention Tax Credit offers more perks for 2021

Sep 17, 2021

If your business hasn’t already claimed the Employee Retention Tax Credit, now is the time to check on your eligibility. The money can help with the costs you incur in hiring and retaining employees during the pandemic.

How may we help you?

Please contact one of our team members for more information on how we can help you with your business or individual financial needs.

International Resources with a Small-Town Client Service Style

"We have been working with Tim Stees and KraftCPAs for more than a decade. The hospitality industry evolves quickly and having knowledgeble advisors is important so we can focus on running our restaurants instead of trying to keep up with all the changes to the tax code. They take the time to learn both the individuals as well as the business needs and are always quick to respond. When we were looking at an acquisition, KraftCPAs was our first call.”

Michael Richman, CPA
Vice President
Debo's Diners Inc.

KraftCPAs have been partners with Access Garage Doors of Chattanooga for more than a decade. They have guided us through accounting and operations, and they were instrumental in helping our brand become a national franchise. We couldn’t be happier to have the KraftCPAs team by our side on this journey!

Jesse Cox, CEO
Access Garage Doors
of Chattanooga

KraftCPAs is our go-to advisor whenever we have tax, accounting or financial management needs. The Kraft team understands the construction industry — inside and out. We know we’re getting sound advice based on years of relevant experience. They are attentive, proactive and a pleasure to work with. We have a great working relationship and are happy to recommend KraftCPAs.

Barry Payne
President
BP Construction Company, Inc.

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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