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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.

Federal government shutdown creates tax filing uncertainty

Jan 16, 2019

The government shutdown continues, just as the 2018 tax filing season is beginning to gear up. How will it affect your tax filing preparations?

Section 199A’s impact on home health entities is complex

Jan 15, 2019

Home healthcare providers will face changes because of new Section 199A guidelines, but those changes are based on a variety of factors, including exactly how the entity relates to “the field of health.”

Small banks get extra year to implement credit losses standard

Jan 14, 2019

Community banks and credit unions will have more time before they’re required to apply the credit losses standard as a result of new FASB guidelines.

FASB project to target performance reporting

Jan 11, 2019

The FASB is in the early stages of developing guidance for performance reporting. The goal is to make it easier for investors and securities analysts to understand how a business works using a company’s financial statements.

A refresher on major tax law changes for small-business owners

Jan 9, 2019

With the new year comes the need for small business owners to begin filing their 2018 income tax returns. The TCJA could significantly alter your tax liability compared to previous years. Refresh yourself now on its major provisions.

Two big TCJA changes will go into effect this year

Jan 7, 2019

Most TCJA provisions went into effect in 2018 and apply through 2025 or are permanent, but two major changes affect individuals starting in 2019.

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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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