The firm Tennesseans have known and trusted for more than 60 years.

Almost every decision you make has financial consequences — and many of them are tax-related. Since 1958, we've helped Maury County families, business owners, and community organizations manage their finances, create smart tax strategies, and turn financial goals into reality.

610 North Garden Street
Suite 200
Columbia, TN 38401

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Tax and Accounting News Updates

Check out our 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 pros and cons of turning your house into a rental

Apr 16, 2024

In some parts of the United States, rental property is a hot commodity. If you’ve considered getting into the race by turning your house into a rental, consider the ups and downs of being a landlord.

Could outsourcing payroll be a good choice for your business?

Apr 11, 2024

Outsourcing payroll, also known as managed payroll, can decrease risk, increase accuracy, protect sensitive data and improve business continuity.

Three things to remember after you file

Apr 9, 2024

Once your 2023 tax return has been filed, you can breathe a sigh of relief. But there still may be tax issues to consider, including three at the top of the list.

GAAP vs. tax-basis method: What’s best for your business?

Apr 4, 2024

Businesses typically adopt one of two common accounting standards – either U.S. Generally Accepted Accounting Principles (GAAP) or tax-basis reporting accounting – to prepare their financial statements. Knowing the differences is crucial to decide which is best for you.

As tax deadlines loom, extensions provide backup

Apr 3, 2024

The April 15 tax deadline is approaching, but what if you’re not ready to file? There are simple steps to avoid steep penalties.

Changes affect retirement account required minimum distributions

Apr 2, 2024

The SECURE 2.0 law includes good news about required minimum distributions from tax-favored retirement accounts. But an earlier law contained bad news for certain beneficiaries of inherited retirement accounts.

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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  • 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.

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