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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.

Look ahead now to year-end tax planning

Sep 10, 2024

With 2025 closing in fast, here are year-end moves to consider that may help your small business save on taxes.

There really are ways to make money tax-free

Sep 4, 2024

Not every type of gain or income is subject to federal income tax.

Understanding taxes on real estate gains

Aug 23, 2024

If you’re the owner of a pass-through entity, the federal income tax rules for gains from the sale of business real estate or vacant land may be more complex than you imagined.

Disability benefits can come with tax twists

Aug 20, 2024

Disability income may or may not be taxable by the federal government. Here are the basic rules.

FASB aims for consistent grant reporting rules

Aug 20, 2024

A proposed change by the Financial Accounting Standards Board would create a standardized method for public and private companies to report government grants.

Businesses get second chance to repay improper ERC

Aug 19, 2024

The IRS has brought back a program that allows businesses to repay wrongfully gained employee retention credit money and avoid penalties.

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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    "Kraft has helped KYZEN implement new accounting standards, address tariff issues, and navigate tax law changes to keep both our U.S. and foreign operations in compliance. Though they have the resources of an international firm, their local approach to customer service is what sets them apart."

    Tom Forsythe
    Executive Vice President
    KYZEN Corporation

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