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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.
Though tax reform eliminated the child tax credit rules for older children, it also added another credit that can help with college expenses.
If you’re fortunate enough to hit a sizable jackpot in the lottery or while gambling, there are tax implications. Here are the basics to understanding how much you might owe.
The London Interbank Offered Rate is the most common reference rate in the global financial markets. But, by 2021, it will have been phased out in response to a series of scandals.
A new FASB proposal would delay new accounting rules for leases, credit losses on loans, long-term insurance contracts, and hedge accounting.
If you’re getting close to retirement age, you may be wondering if your Social Security benefits are going to be taxed. And if so, how much will you have to pay?
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.