FAMILY-OWNED BUSINESSES

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Timely Tax & Accounting Newsletter

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You’re never too old for a business plan

Jun 21, 2024

Even if your business is established and on solid ground, don’t overlook the potential value of a detailed business plan.

Companies feel effects of goodwill impairment

Jun 16, 2024

As more companies report goodwill impairment issues and write-offs, it’s important for business owners to know the rules.

It’s not too early to brace for tax law changes

Jun 11, 2024

The fate of TCJA provisions could be decided by the November elections. But planning now might soften the blow of a worst-case scenario.

PCC picks four issues for possible FASB updates

Jun 5, 2024

A FASB advisory group will focus on four big regulatory issues faced by private businesses this year and determine whether changes are needed.

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.

Tracking projects can be simple and insightful

Mar 17, 2024

If your business does jobs that have related income and costs, you can use QuickBooks Online’s Projects feature to track them.

DOJ rules on contractor/employee classification

Mar 6, 2024

The deadline to comply with a new U.S. Department of Labor rule regarding worker classification is March 11.

7 signs you’re at risk of a false ERC claim

Feb 18, 2024

Many employers who sought the employee retention credit aren’t even aware that they’re at risk of penalties and steep fines for making fraudulent claims. The IRS says these signs might help.

New reporting rules will affect beneficial owners

Oct 27, 2023

Extensive reporting requirements stemming from the Corporate Transparency Act will affect many business owners starting January 1.

“KraftCPAs has taken care of the Zeitlin family business for three generations. We all sleep better at night knowing that KraftCPAs is looking out for our best interest.”

Shirley Zeitlin, Zeitlin Sotheby’s International Realty®

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