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Many employers who sought the employee retention credit aren’t even aware that they’re at risk of penalties and steep fines for making fraudulent claims. The IRS says these signs might help.
Is it better for a married couple to file a joint tax return or file separately? The answer: It depends.
Disclosures in the form of footnotes can pack a lot of vital information in a company’s financial statements, which is why it’s important to keep them detailed and accurate.
There’s a new benefit plan that businesses can offer as an employee perk: pension-linked emergency savings accounts. Here’s how they work.
The rapidly changing demographics of the American workforce ushers in a unique set of challenges for businesses. Strategic compensation, smart benefit plans, and understanding your employees can make the transition easier.
You might not think your 21- or 22-year-old child is subject to a “kiddie tax,” but the IRS disagrees. Don’t let the tax rules catch you by surprise.
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.
