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Timely Tax & Accounting Newsletter

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PPP forgiveness and repayment deadline looms for business owners

Jul 23, 2021

If you received a PPP loan, important forgiveness deadlines are approaching quickly. Are you prepared?

Tennessee Jobs Tax Credit can be boon for businesses

Jul 3, 2021

Tennessee offers a variety of tax-saving credits. Do you know what’s available and how they could help your business?

How to approach the going concern assumption during an audit

Jun 2, 2021

The estimated number of going concerns for the fiscal year 2019 fell to the lowest amount in 20 years, but the pandemic caused financial distress that could bring an end to this downward trend for the fiscal year 2020.

How to protect your data in QuickBooks

May 11, 2021

Cybercrime isn’t just an issue for big corporations. Your small business can be a target, too. Are you protecting your QuickBooks data?

How Biden’s proposed tax changes could impact you

Apr 30, 2021

What could President Biden’s tax proposals mean for you? Here’s a brief rundown of the American Families Plan.

Sustainable credibility plays key role in internal audit’s value

Apr 7, 2021

The value of an internal audit is different for everyone and can change based on circumstances, but a solid framework can provide the conditions necessary to deliver value to you.

PPP application deadline extended by two months to May 31

Mar 31, 2021

Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest updates on the popular loan program.

The right entity choice: Should you convert from a C to an S corporation?

Mar 25, 2021

The best choice of entity can affect your business in several ways, including the amount of your tax bill. Although S corporations can provide substantial tax advantages over C corporations in some cases, there are potential tax problems to assess before deciding to convert from C to S status.

Make the most of the Employee Retention Credit

Mar 22, 2021

Is your business taking full advantage of the Employee Retention Credit? Discover how you could make the most of the year-old ERC.

“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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