FAMILY-OWNED BUSINESSES

View our financial resources for your family's business below.

Newsletter Icon

Timely Tax & Accounting Newsletter

Check out our articles for family businesses below. Like what you see? Get timely updates about these topics and more delivered straight to your inbox by signing up for our monthly email newsletter.

Keeping up with payables: How to enter bills in QuickBooks

Mar 18, 2021

Did you resolve to pay bills on time in 2021? QuickBooks offers tools to help you enter, pay, and track them, so you can avoid late payments. Here’s how.

A closer look at key measures in new stimulus package

Mar 17, 2021

Because the new American Rescue Plan Act is such an expansive piece of legislation, it’s likely that you, your family, or your business can benefit from it.

New guidance clarifies employee retention credit eligibility

Mar 12, 2021

The Internal Revenue Service has provided guidance for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program.

American Rescue Plan Act has perks for employers and individuals

Mar 11, 2021

The latest COVID-19-related stimulus bill, the American Rescue Plan Act, has passed and awaits signing by President Biden. What does this legislation mean for you individually or as an employer?

Outlook worsens among Tennessee business leaders

Feb 13, 2021

Tennessee business leaders say their outlook for 2021 has dropped significantly from 2020, according to the latest Tennessee Business Barometer. Although outlook had surged higher in October prior to the election, optimism for a brighter future has now faded.

Payroll

IRS issues guidance to address tricky payroll tax deferral

Sep 2, 2020

The Internal Revenue Service has issued guidance to help businesses implement the Presidential Memorandum issued August 8. The order allows employers to defer withholding and payment of the employee’s portion of the Social Security tax if the employee’s wages are below a certain amount, but it left questions and concerns when it was announced.

Tax records

Good records are the key to trouble-free audits and deductions

Aug 7, 2020

A meticulous approach to keeping business records can protect your tax deductions and help make an audit much less painful.

State reveals new details on relief for Tennessee business owners

Jul 1, 2020

Business owners will receive notification starting this week regarding eligibility for financial relief as part of the Tennessee Business Relief Program.

SBA again extends safe harbor deadline for PPP borrowers

May 14, 2020

The Small Business Administration has taken another step to allow employers more flexibility in repaying their loans under the Paycheck Protection Program.

“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®

Search Site

Search Team

Search Articles