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Many new ventures start out as sole proprietorships. Here are nine considerations if you’re operating a business that way.
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.
Is it better for a married couple to file a joint tax return or file separately? The answer: It depends.
Disclosures in the form of footnotes can pack a lot of vital information in a company’s financial statements, which is why it’s important to keep them detailed and accurate.
There’s a new benefit plan that businesses can offer as an employee perk: pension-linked emergency savings accounts. Here’s how they work.
The rapidly changing demographics of the American workforce ushers in a unique set of challenges for businesses. Strategic compensation, smart benefit plans, and understanding your employees can make the transition easier.
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"We've been working with Tim Stees and KraftCPAs for more than a decade. The hospitality industry evolves quickly and having knowledgeble advisors is important so we can focus on running our restaurants instead of trying to keep up with all the changes to the tax code. They take the time to learn both the individuals as well as the business needs and are always quick to respond. When we were looking at an acquisition, KraftCPAs was our first call.”
Michael Richman, CPA
Debo's Diners Inc.