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Less than a week after an injunction was lifted and allowed BOI rules to be enforced, the requirement is on hold again.
At least 32 million businesses faced a January deadline to comply with new CTA rules. An injunction leaves those rules in limbo.
Implementing tax-reduction strategies now can pay off when your business files its tax return in 2025.
More than 32 million U.S. businesses are required to file beneficial ownership information (BOI) reports this year, but the clock is ticking.
Need another reason to maintain accurate and detailed financial statements? You’ll appreciate having them when it comes time to determine the value of your business.
Employers are left waiting after a court struck down – at least temporarily – a law that would ban most noncompete agreements.
The IRS has brought back a program that allows businesses to repay wrongfully gained employee retention credit money and avoid penalties.
Running out of products? Or maybe stocking too many? QuickBooks Online can be a valuable tool to help solve both problems.
For most business co-owners, the value of their business shares comprises a big percentage of their estates. Having a buy-sell agreement protects co-owners and their heirs and helps avoid hassles with the IRS.
For more information, please view our breadth of services for manufacturing companies:
“We have been working with KraftCPAs for 15 years. Our manufacturing business is complex, and they have taken the time to understand our processes, and are able to leverage their overall technical knowledge and experience with other clients to provide insights and advice on how we can improve. We certainly view KraftCPAs as a valuable business partner.”
Mike McKee, McKee Foods Corporation
