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Are you still working after age 70½ and don’t want to take required minimum distributions from your 401(k) account? You might not have to.
The Auditing Standards Board is working on a project to amend its definition of “materiality” and address the subtle differences between the international standards and U.S. standards currently in use.
Audit committee best practices are part of a new report released by the International Organization of Securities Commissions in an effort to promote audit quality.
The second quarter of the year includes a long list of important tax deadlines for both individuals and employers. Here are the biggest ones to keep in mind.
When you think of April 15, you probably think of the income tax return deadline. But it’s also the gift tax return deadline. Find out if you must (or should) file a 2018 gift tax return this year.
Lower tax rates might help reduce your 2018 tax bill, but new limits on many deductions could offset the benefits of lower rates. For example, five itemized deductions have shrunk or disappeared.
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.