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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.

Employees’ tips could be a bonus for you

Jan 10, 2024

If you own a business where your staff receives tips, you might qualify for a lucrative tax break.

IRS program designed to collect ineligible ERC money

Jan 5, 2024

A new program and IRS form will allow businesses to pay back money and avoid penalties resulting from wrongful ERC claims.

Defer a tax bill with a like-kind exchange

Jan 3, 2024

The real estate market can be tricky, but there’s still big profit potential on business property. In these cases, a “like-kind” exchange may be attractive when selling commercial or investment real estate.

7 tips to boost your QuickBooks Online experience

Jan 2, 2024

QuickBooks Online has a variety of shortcuts and handy tools that are easily overlooked. Here are a few to remember.

Tax relief available for Tennessee tornado victims

Dec 23, 2023

Residents of Davidson, Dickson, Montgomery, and Sumner counties qualify for special IRS exemptions as a result of the early December storms.

Improve or repair? There’s a difference

Dec 20, 2023

Making repairs and making improvements to your business might produce the same results, but they’re nothing alike when they’re listed on your 2023 tax return.

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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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