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The Child Tax Credit is a money-saving resource for millions of families. It could be cut in half if Congress doesn’t act this year.
How much of your 2025 earnings are taxed for Social Security? How has the standard deduction increased in 2025? Here are some answers to these and other tax questions.
Excitement over making tips tax-free hasn’t led to a change in tax law, so that means businesses and employees have to play by the old rules for now.
A Republican-controlled Congress is moving quickly to overhaul the federal tax system by adding many of President Trump’s tax cuts and eliminating or trimming existing tax breaks.
Earned wage access has become a great tool for recruiting and keeping employees. The perks are considerable, but be aware of potential costs.
If you wait until April to file your federal tax return, you’re certainly not alone. But there are advantages to filing early.
Please contact one of our team members for more information on how we can help you with your business or individual financial needs.
Helping clients build, preserve, and transfer business value and personal wealth since 1958.
"KraftCPAs has supported me from the beginning of my journey, helping me grow WireMasters from a small aerospace distribution supplier into a global entity with multiple facilities in the U.S., Mexico, and Germany. KraftCPAs keeps WireMasters current on the ever-changing tax laws and government regulations. They also have provided personalized service to me and my family while helping us with financial and succession planning. KraftCPAs is a trusted partner who will help WireMasters, Inc. continue to grow."
David C. Hill
Chairman, Owner
WireMasters, Inc.
