105 Bay Court
Lebanon, TN 37087
615-449-2334
lebanontn@kraftcpas.com
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Should you file your tax return as a single person, a married couple filing jointly, a “head of household” or some other status? Know what the federal tax filing statuses are and who can claim them.
The holiday season is in full swing. Your business may want to show its gratitude to employees and customers by giving them gifts or hosting parties. It’s a good idea to understand the tax rules involved.
The AICPA’s Accounting Standards Board voted to finalize a revised definition of “materiality” in its professional standards. Learn what’s changing and why.
The FASB recently issued amendments to clarify five issues under its credit loss accounting standard.
Some companies fear that implementing the updated leases standard might cause some companies to trip their loan covenants. Here’s how to safeguard against this potential pitfall.
Did you know you could be personally liable for a harsh penalty if payroll taxes withheld from your employees aren’t paid to the federal government? Learn more about whom the IRS can go after at your business.
Please contact one of our team members for more information on how we can help you with your business or individual financial needs.
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.
