6136 Shallowford Road
Suite 101
Chattanooga, TN 37421
423-894-7400
chattanoogatn@kraftcpas.com
Check out latest accounting and financial updates. Want more? Get the latest on these topics and more delivered to your inbox with our newsletter and information alerts.
The FASB intends to give smaller financial institutions more time to adopt its new credit loss standard, but banks should not use this as an excuse to delay preparations for the accounting change.
If the names and Social Security numbers on your employees’ W-2 forms don’t match the government’s records, you may receive a “no-match letter.” Here’s what these letters mean and how to proceed.
The AICPA’s Auditing Standards Board unanimously voted to propose revisions to the audit standards on accounting estimates. Here’s a look at how and when estimates are used in financial reporting, and why the AICPA is revising its standards.
A good internal control system can help a company in critical ways, including accurate financial reporting and detection of financial misstatements.
The FASB is considering changes to the subsequent accounting of goodwill and other acquired intangible assets.
The costs involved with funding a retirement plan for employees can greatly burden a small business. The U.S. Department of Labor has issued a final rule that can ease the burden.
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.
"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
