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Timely Tax & Accounting Newsletter

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IRS raises standard mileage rate to 62.5 cents per mile

Jun 10, 2022

The IRS has increased the optional standard mileage rate by 4 cents per mile, its first mid-year mileage rate adjustment in 11 years.

Now could be the right time for a Roth conversion

Jun 8, 2022

If the value of your portfolio is down, you may want to turn the stock market downturn into a tax-saving opportunity. How? By converting a traditional IRA into a Roth IRA.

Thinking about turning your home into rental property?

Jun 2, 2022

With housing and rental property in high demand in cities across the U.S., including Nashville, more and more homeowners are choosing to become landlords. But there are plenty of risks to go with the potential rewards.

QuickBooks can make tracking business mileage easier

May 27, 2022

With gas prices climbing, now’s a great time to closely track your business travel expenses for a potential tax deduction. The QuickBooks Online mobile app can help.

Three things to know after you file your tax returns

May 3, 2022

There still may be tax-related issues on your mind after you file your 2021 return. Chief among them: which records can be discarded, how to check on your refund, and when to file amended tax returns.

Don’t let time tracking crush your construction plans

Apr 23, 2022

Misunderstanding the complex rules of tracking employee hours can lead to errors, confusion, and wasted hours. Here are a few ways to hold the line for your next construction project.

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International Resources with a Small-Town Client Service Style

"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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