The firm Tennesseans have known and trusted for more than 60 years.

KraftCPAs is one of the largest certified public accounting firms in Tennessee — but we still deliver the familiar client service Scenic City deserves. With a team of more than 250 people, we can help you find the right solutions to achieve your financial goals.

6136 Shallowford Road
Suite 101
Chattanooga, TN 37421
423-894-7400
chattanoogatn@kraftcpas.com

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Tax and Accounting News Updates

Check out 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.

New guidance clears contribution confusion

Sep 8, 2023

The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.

Add a tax break to your holiday gift list

Sep 6, 2023

Make the most of estate and gift tax exemptions now before deduction limits change in 2026.

Don’t overlook value of depreciation tax breaks

Sep 5, 2023

Inflation hasn’t been all bad news for business owners. One significant upside is that the amount of depreciation tax breaks for businesses has increased for 2023.

Moving bank transactions into QuickBooks is a time-saver

Aug 28, 2023

Have you connected your bank accounts to QuickBooks Online? It’s a great way to simplify your transaction tracking.

Employer-provided life insurance can have tax consequences

Aug 24, 2023

If your employer provides you with group term life insurance, it may add to your tax bill. It depends on the amount. Here are the rules.

Beware and be aware of the generation-skipping transfer tax

Aug 22, 2023

Discover how the generation-skipping tax could impact your estate planning.

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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  • Helping clients build, preserve, and transfer business value and personal wealth since 1958.

    "We have been working with Tim Stees and KraftCPAs for more than a decade. The hospitality industry evolves quickly and having knowledgeble advisors is important so we can focus on running our restaurants instead of trying to keep up with all the changes to the tax code. They take the time to learn both the individuals as well as the business needs and are always quick to respond. When we were looking at an acquisition, KraftCPAs was our first call.”

    Michael Richman, CPA
    Vice President
    Debo's Diners Inc.

    KraftCPAs have been partners with Access Garage Doors of Chattanooga for more than a decade. They have guided us through accounting and operations, and they were instrumental in helping our brand become a national franchise. We couldn’t be happier to have the KraftCPAs team by our side on this journey!

    Jesse Cox, CEO
    Access Garage Doors
    of Chattanooga

    KraftCPAs is our go-to advisor whenever we have tax, accounting or financial management needs. The Kraft team understands the construction industry — inside and out. We know we’re getting sound advice based on years of relevant experience. They are attentive, proactive and a pleasure to work with. We have a great working relationship and are happy to recommend KraftCPAs.

    Barry Payne
    President
    BP Construction Company, Inc.

    Working with KraftCPAs has been a tremendous improvement over our experience with previous audit firms. All members of the audit team were willing to work with us and have a pleasant and helpful attitude. They kept us updated with newer rulings and were willing to answer questions at various times throughout the year. They provide a thorough analysis of our records and prepare the Legal Aid of East Tennessee non-profit firm for future audits by the OIG and others. The advice given by KraftCPAs has been both timely and helpful. I have confidence in their ability to provide both audit and tax services with integrity.

    Melissa Brumfield
    Director of Finance
    Legal Aid of East Tennessee

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