The firm Tennesseans have known and trusted for more than 60 years.

Almost every decision you make has financial consequences — and many of them are tax-related. Since 1958, we've helped Wilson County families, business owners, and community organizations manage their finances, create smart tax strategies, and turn financial goals into reality.

105 Bay Court
Lebanon, TN 37087

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Tax and Accounting News Updates

Check out our latest accounting and financial updates. Want more? Get the latest on these topics and more delivered to your inbox with our newsletter and information alerts.

How much assurance do you need?

Jul 10, 2024

Accountants can provide assurance that your financial statements appear to be in good standing, but deciding the level of assurance is up to you.

Certain donations allow you to avoid taxable IRA withdrawals

Jul 2, 2024

Here’s a strategy for older taxpayers who are charitably minded and also must take required minimum distributions from their traditional IRAs.

Perks and pitfalls of interim financial reporting

Jun 27, 2024

Privately held companies typically issue financial statements once each year to help stakeholders evaluate the financial health of their company. But why wait when more frequent financial reporting can provide more timely insight?

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.

From C to S: Is your corporation ready?

Jun 18, 2024

There are several factors to consider when converting from a C corporation to an S corporation. Here are four of the tax issues you may face.

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.

How may we help you?

Please contact one of our team members for more information on how we can help you with your business or individual financial needs.

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  • Helping clients build, preserve, and transfer business value and personal wealth since 1958.

    "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
    Vice President
    Debo's Diners Inc.

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