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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Be wary of lofty ERC schemes, IRS warns

Oct 28, 2022

The employee retention credit was designed to help businesses offset pandemic-related losses, but bad advice is costing employers even more.

Don’t forget income taxes when planning your estate

Oct 6, 2022

With the current federal estate tax exemption at $12.06 million, you may not be worried about estate taxes. But you should still think about saving income taxes for your heirs.

Digital assets face regulations overhaul with RFIA

Oct 5, 2022

The Responsible Financial Innovation Act is the first major bipartisan legislation that would significantly change the way digital assets are regulated.

Massive IRA legislation adds a variety of tax implications

Aug 16, 2022

The federal government’s passage of the Inflation Reduction Act is a mix of new savings and new spending, and there’s a good chance that the bill – or at least some part of it – will affect you.

IRS raises standard mileage rate to 62.5 cents per mile

Jun 10, 2022

The IRS has increased the optional standard mileage rate by 4 cents per mile, its first mid-year mileage rate adjustment in 11 years.

Now could be the right time for a Roth conversion

Jun 8, 2022

If the value of your portfolio is down, you may want to turn the stock market downturn into a tax-saving opportunity. How? By converting a traditional IRA into a Roth IRA.

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.

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  • 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.

    Working with KraftCPAs has been a tremendous improvement over our experience with previous audit firms. All members of the audit team were willing to work with us and have a pleasant and helpful attitude. They kept us updated with newer rulings and were willing to answer questions at various times throughout the year. They provide a thorough analysis of our records and prepare the Legal Aid of East Tennessee non-profit firm for future audits by the OIG and others. The advice given by KraftCPAs has been both timely and helpful. I have confidence in their ability to provide both audit and tax services with integrity.

    Melissa Brumfield
    Director of Finance
    Legal Aid of East Tennessee

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