October 29, 2024
As Election Day nears, the presidential candidates have promised a variety of tax cuts. Here’s where they stand so far.
October 22, 2024
More than 32 million U.S. businesses are required to file beneficial ownership information (BOI) reports this year, but the clock is ticking.
October 21, 2024
Changes are coming to the Social Security system in 2025 in the form of a higher wage base, which was recently announced by the Social Security Administration. Here’s what it means for your business.
October 14, 2024
It’s been an especially difficult year for victims of natural disasters, including those affected by Hurricane Milton and Hurricane Helene. Taking advantage of the casualty loss deduction can help ease the financial pain.
October 8, 2024
It can be a challenge to keep your financial records as healthy as your patients, but there are ways to do both.
October 1, 2024
When you buy a house, can you deduct seller-paid points on your tax return? Here are the rules.
September 27, 2024
Guaranteed payments to partners and payments to retired partners are just two of the tax issues that should be addressed in your partnership or LLC operating agreement.
September 27, 2024
Construction businesses that work on clean energy projects may have some great opportunities ahead. Here’s a look at the substantial tax incentives involved.
September 18, 2024
Need another reason to maintain accurate and detailed financial statements? You’ll appreciate having them when it comes time to determine the value of your business.
September 10, 2024
With 2025 closing in fast, here are year-end moves to consider that may help your small business save on taxes.
September 9, 2024
Ken Youngstead, a practice leader for the KraftCPAs nonprofit industry team, begins term as the Nashville chapter’s president-elect.
September 6, 2024
Accounting Today’s list of the Best Accounting Firms to Work For includes KraftCPAs for the 11th time.
September 4, 2024
Not every type of gain or income is subject to federal income tax.
August 30, 2024
Employers are left waiting after a court struck down – at least temporarily – a law that would ban most noncompete agreements.
August 27, 2024
Privately held companies typically issue financial statements once each year to help stakeholders evaluate the financial health of their company. But why wait when more frequent financial reporting can provide more timely insight?
August 23, 2024
If you’re the owner of a pass-through entity, the federal income tax rules for gains from the sale of business real estate or vacant land may be more complex than you imagined.
August 20, 2024
Disability income may or may not be taxable by the federal government. Here are the basic rules.
August 20, 2024
A proposed change by the Financial Accounting Standards Board would create a standardized method for public and private companies to report government grants.
August 19, 2024
The IRS has brought back a program that allows businesses to repay wrongfully gained employee retention credit money and avoid penalties.
August 15, 2024
Alexander will continue his litigation work through Kraft Analytics, an affiliate of KraftCPAs that focuses on valuation, forensics, and transaction advisory services.
August 9, 2024
Running out of products? Or maybe stocking too many? QuickBooks Online can be a valuable tool to help solve both problems.
August 6, 2024
Getting a divorce can be an agonizing process. You don’t want to make it worse by making decisions that will cost you more in taxes. Here are six issues to consider if you’re getting a divorce.
August 2, 2024
For most business co-owners, the value of their business shares comprises a big percentage of their estates. Having a buy-sell agreement protects co-owners and their heirs and helps avoid hassles with the IRS.
July 24, 2024
The federal estate tax exemption is $13.61 million, so now is the time to think about saving income taxes for your heirs rather than worrying about estate taxes.
July 18, 2024
There are many tax implications to consider in the sale of business property, and they can be complex.
July 11, 2024
Do you have a viable succession plan in place for your company? Here are ways to get started and make the process easier.
July 10, 2024
Accountants can provide assurance that your financial statements appear to be in good standing, but deciding the level of assurance is up to you.
July 2, 2024
Here’s a strategy for older taxpayers who are charitably minded and also must take required minimum distributions from their traditional IRAs.
June 21, 2024
Even if your business is established and on solid ground, don’t overlook the potential value of a detailed business plan.
June 18, 2024
There are several factors to consider when converting from a C corporation to an S corporation. Here are four of the tax issues you may face.
June 16, 2024
As more companies report goodwill impairment issues and write-offs, it’s important for business owners to know the rules.
June 14, 2024
Investing in mutual funds is popular, but selling shares may result in complicated tax matters. Here are the rules.
June 11, 2024
The fate of TCJA provisions could be decided by the November elections. But planning now might soften the blow of a worst-case scenario.
June 7, 2024
If you’re 62 or older and own a highly appreciated house, a reverse mortgage may provide a way to stay in the home for your lifetime, gain extra income, and receive a tax-saving bonus.
June 5, 2024
A FASB advisory group will focus on four big regulatory issues faced by private businesses this year and determine whether changes are needed.
May 27, 2024
Being thorough, accurate, and creative could make your invoices stand out and get paid faster.
May 17, 2024
There are a number of different hobbies that some taxpayers turn into businesses. Here’s how they can protect tax breaks on their tax returns.
May 16, 2024
In the construction industry, these two common accounting problems tend to give contractors the biggest headaches.
May 13, 2024
Comprehensive financial reporting often isn’t a priority for many dental practices, but it’s a growing necessity in a competitive marketplace.
May 7, 2024
New federal rules regarding overtime pay and noncompete agreements have recently been approved.
May 3, 2024
SOX compliance is a complex and costly process that may be best handled by outside advisors. Here’s why.
May 1, 2024
Vic Alexander is one of two Tennesseans to be chosen by Forbes for its inaugural America’s Top 200 CPAs list.
May 1, 2024
If you’ve inherited an IRA, you need to know about the latest IRS guidance.
April 29, 2024
Two members of Congress recently announced the formation of 10 committee tax teams, each of which will address key tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that are set to expire in 2025.
April 28, 2024
The IRS has offered guidance on the tax treatment of energy efficiency rebates introduced by the Inflation Reduction Act.
April 26, 2024
The state’s decision to remove the property value option – or “alternative base” – from Tennessee’s franchise tax is expected to provide $1.55 billion in refunds for about 100,000 businesses.
April 17, 2024
In some parts of the United States, rental property is a hot commodity. If you’ve considered getting into the race by turning your house into a rental, consider the ups and downs of being a landlord.
April 11, 2024
Outsourcing payroll, also known as managed payroll, can decrease risk, increase accuracy, protect sensitive data and improve business continuity.
April 9, 2024
Once your 2023 tax return has been filed, you can breathe a sigh of relief. But there still may be tax issues to consider, including three at the top of the list.
April 8, 2024
KraftCPAs made the annual list based on employee responses to questions about workplace culture and job satisfaction.
April 4, 2024
Businesses typically adopt one of two common accounting standards – either U.S. Generally Accepted Accounting Principles (GAAP) or tax-basis reporting accounting – to prepare their financial statements. Knowing the differences is crucial to decide which is best for you.
April 3, 2024
The April 15 tax deadline is approaching, but what if you’re not ready to file? There are simple steps to avoid steep penalties.
April 2, 2024
The SECURE 2.0 law includes good news about required minimum distributions from tax-favored retirement accounts. But an earlier law contained bad news for certain beneficiaries of inherited retirement accounts.
March 25, 2024
Keeping a firm grip on your company’s internal controls can make your audit process run more smoothly and help you avoid major risks year-round.
March 17, 2024
If your business does jobs that have related income and costs, you can use QuickBooks Online’s Projects feature to track them.
March 13, 2024
Many retirees are surprised to find out that some of their Social Security benefits are hit with federal income tax. Don’t be one of them.
March 11, 2024
The qualified business income (QBI) deduction is scheduled to disappear after 2025. Congress could extend it, but don’t count on it. Here’s what you need to know to make the most of it while you can.
March 8, 2024
Filing threshold for business tax filings increases to $100,000, sparing more than 100,000 businesses from tax liability.
March 6, 2024
The deadline to comply with a new U.S. Department of Labor rule regarding worker classification is March 11.
March 5, 2024
Even if your startup business has little or no income tax liability, you may be eligible for a payroll tax credit election for increasing research activities. This tax break got better under the Inflation Reduction Act.
February 27, 2024
As the manufacturing landscape continues to evolve and globalization continues to shift, many industrial businesses are assessing how mergers and acquisitions (M&A) will fit into their strategy.
February 26, 2024
Many new ventures start out as sole proprietorships. Here are nine considerations if you’re operating a business that way.
February 23, 2024
As margins struggle to rebound to pre-pandemic levels, strategic partnerships in healthcare are expected to rise this year.
February 18, 2024
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.
February 14, 2024
The acquisition marks a new chapter for KES, which will be rebranded as KES Systems Solutions, LLC.
February 9, 2024
Is it better for a married couple to file a joint tax return or file separately? The answer: It depends.
February 2, 2024
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.
January 26, 2024
There’s a new benefit plan that businesses can offer as an employee perk: pension-linked emergency savings accounts. Here’s how they work.
January 25, 2024
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.
January 23, 2024
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.
January 16, 2024
When will 1099 forms arrive? When is the best time to file a tax return? Here are answers to the most common questions heading into tax season.
January 15, 2024
Your customers keep your business afloat, and building comprehensive profiles in QuickBooks can help you know them better.
January 10, 2024
If you own a business where your staff receives tips, you might qualify for a lucrative tax break.
January 9, 2024
Learn to comply with SEC’s new cybersecurity rules and develop a proactive strategy to protect your operations, data, and reputation.
January 8, 2024
Successful digital transformation projects may need outside help to ensure security and risk management are part of the overall planning.
January 7, 2024
Construction businesses are familiar with the challenges and opportunities associated with change orders. Here are some ways to tighten up your change order management process.
January 5, 2024
A new program and IRS form will allow businesses to pay back money and avoid penalties resulting from wrongful ERC claims.
January 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.
January 2, 2024
QuickBooks Online has a variety of shortcuts and handy tools that are easily overlooked. Here are a few to remember.
December 23, 2023
Residents of Davidson, Dickson, Montgomery, and Sumner counties qualify for special IRS exemptions as a result of the early December storms.
December 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.
December 19, 2023
There’s a great tax perk that allows businesses to deduct employee bonuses this year but doesn’t tax the employee until next year. Unfortunately, that rule doesn’t always apply.
December 13, 2023
Dealing with the unexpected is part of business, and depending on the timing and situation, it can throw a big wrinkle into a company’s financial reporting.
December 12, 2023
It’s not just Santa who’s watching this time of year — so is Uncle Sam. To stay off his naughty list, remember which types of holiday joy are taxable and which aren’t.
December 11, 2023
Has budgeting been a thorn in your side? QuickBooks can get you started simply by using your historical financial data.
December 5, 2023
There aren’t a lot of options to change your tax situation as the year winds down. Here’s a look at four that could still save you money.
December 4, 2023
If you’re strapped for cash, you might see the money sitting in your traditional IRA as a good solution. But if you’re under age 59½, pulling money from your IRA can come with a hefty penalty.
December 1, 2023
Even with a newly extended deadline, many businesses appear unprepared to provide “beneficial owner” information to the Financial Crimes Enforcement Network.
December 1, 2023
Make 2024 the year you finally improve the design, content, and productivity of your QuickBook Online forms with these simple goals.
November 29, 2023
New Form 1099-K requirements have been delayed for a second year, giving online sellers a brief reprieve.
November 29, 2023
For many flexible spending accounts, the deadline is approaching to either use the funds or lose them.
November 28, 2023
More businesses, corporations, and partnerships must file electronically starting January 1 as the IRS moves to reduce paper filings.
November 24, 2023
The holiday whirlwind has begun, but don’t ignore a few potential ideas for your small business to save on 2023 taxes.
November 22, 2023
The FDIC has proposed guidelines on corporate governance and risk management practices for banks with $10 billion or more in assets.
November 17, 2023
If your child is fortunate enough to get a scholarship, is the amount taxable income? For some, yes, but there’s good news for most families.
November 17, 2023
Making time for year-end tax planning time now may prove beneficial come tax-filing time next year.
November 10, 2023
Concerned about your potential 2023 tax liability? Consider these year-end tax planning strategies.
November 9, 2023
Standard deductions and limits on the alternative minimum tax, earned income tax credit, and HSA contributions are among changes that will affect filings in 2025.
November 2, 2023
Special per diem rates designed to simplify business expense reporting went into effect October 1 for the upcoming fiscal year. But the new rules come with a variety of restrictions and caveats.
October 31, 2023
Does your employer offer a 401(k) plan, but you haven’t started participating? Here are the basic features of these plans to illustrate why you should strongly consider it.
October 29, 2023
Finding nursing home care for an elderly parent can be stressful and emotional even before finances come into the picture. But when that time comes, it might help to remember a few tax breaks that can help ease the financial strain.
October 27, 2023
Extensive reporting requirements stemming from the Corporate Transparency Act will affect many business owners starting January 1.
October 27, 2023
Smaller donations and gifts from lower-income donors have consistently dropped. This is why analyzing the giving trends of more affluent donors is critical for nonprofits.
October 23, 2023
No matter what you sell, accurate inventory tracking helps keep products moving and keeps customers happy.
October 21, 2023
The earnings cutoff to determine who pays Social Security tax will expand by more than $8,000 next year.
October 11, 2023
Understanding the tax implications of your employee benefits package is essential if you want to avoid tax liabilities and offer plans that attract the right talent.
October 9, 2023
New guidance will require that a joint venture must initially measure its assets and liabilities at fair value on the formation date.
October 6, 2023
It’s common practice to deduct business expenses on tax returns. But to be deductible, expenses must be ordinary, necessary, and reasonable. Here are the rules.
October 3, 2023
Estimating is among the most important areas of proficiency for any construction business. Here are 10 ways to potentially improve your company’s estimates.
October 2, 2023
Higher-income taxpayers can face the additional net investment income tax if gross income totals reach certain six-figure levels. It’s important to know how the tax is calculated and planning strategies that can soften the tax hit.
September 26, 2023
An interim CFO can provide a wealth of experience and insight and potentially save you considerable time and expense.
September 25, 2023
When customers don’t respond to your invoices, create another one or create a statement. QuickBooks can remind you when to do this.
September 22, 2023
Identifying related parties is just one of many parts that go into preparing financial statements. Here’s why they matter, why auditors give them scrutiny, and how to avoid the risks that often accompany them.
September 22, 2023
Healthcare organizations have significant financial incentives to capitalize on tax credits available from the IRA when investing in clean energy assets.
September 20, 2023
Many companies offer health savings accounts to their employees. You might also be able to open one of these tax-saving accounts through certain banks and other financial institutions. Here are the basic rules.
September 19, 2023
With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through the end of 2023.
September 18, 2023
Buying or selling a business? It may be the most important transaction you ever make, so it’s important to understand the tax implications as you negotiate.
September 12, 2023
At some point as a business owner, you might entertain the idea of selling and moving on to a new endeavor. The process of selling a business can be tedious, but having a plan in place and knowing the tax implications of a business sale can help reduce the stress and, potentially, the tax implications.
September 11, 2023
By the time you see red flags signaling potential fraud, it might already be too late. Setting up proper internal controls can minimize your risks.
September 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.
September 8, 2023
Employees once again helped make KraftCPAs one of the Best Accounting Firms to Work For, marking the 10th appearance in the list’s 16-year history.
September 6, 2023
Make the most of estate and gift tax exemptions now before deduction limits change in 2026.
September 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.
August 28, 2023
Have you connected your bank accounts to QuickBooks Online? It’s a great way to simplify your transaction tracking.
August 25, 2023
Healthcare organizations that fail to continuously monitor their cyber insurance coverage become at risk due to escalating security challenges.
August 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.
August 22, 2023
Discover how the generation-skipping tax could impact your estate planning.
August 16, 2023
Scammers are hyping quick, easy money from the employee retention tax credit, but despite what you might hear in the slick advertisements, the IRS has a warning for employers.
August 15, 2023
Regulators provide new risk management guidance for banks partnering with third-party organizations.
August 9, 2023
Take a closer look at recent changes in tax accounting methods for cost recovery, losses, and more.
July 31, 2023
Inside Public Accounting’s new 2023 list of America’s best firms includes KraftCPAs.
July 31, 2023
The role of artificial intelligence continues to grow in the healthcare industry, where organizations and providers are finding ways for AI to fill gaps in staffing and improve the overall experience for clients and customers.
July 28, 2023
How well do you know AI and its capabilities? Find out what AI can and can’t do in the nonprofit sector, as well as five of the biggest AI myths and the truth behind each one.
July 25, 2023
Tennessee’s annual sales tax holiday weekend is July 28-30, 2023, followed by a new three-month grocery tax holiday that starts August 1.
July 19, 2023
If you’re eligible and not making catch-up contributions to your retirement plan, you’re missing out on building more tax-favored savings.
July 10, 2023
Criminals keep coming up with new ways to try and steal information from taxpayers. Here are a few of their scams and how you can avoid them.
July 3, 2023
Financial institutions face a rapidly evolving business environment. Here are five ways financial institutions can ensure the efficient allocation of IT spending.
June 27, 2023
Internal audits can be much more than just a necessary step toward external audits, acquisitions, or public offerings. In fact, with the right investment, an intentional approach to internal audits can yield strategic benefits.
June 26, 2023
The Trust Fund Recovery Penalty is personally imposed on business owners and managers when employment taxes aren’t paid to the government. Here are the rules, along with two cases where individuals were held liable for the harsh penalty.
June 15, 2023
KraftCPAs member-in-charge Gina Pruitt has received the 2023 Impact Award for distinguished accomplishments and contributions to the industry.
June 14, 2023
Six steps for developing a Sarbanes-Oxley (SOX) compliance strategy to minimize risk, reduce time, and save money.
June 13, 2023
If your business has the option to deduct real estate expenses or depreciate them over several years, the decision might seem simple. But there are multiple factors to consider.
June 6, 2023
(authored by RSM US LLP) Digital transformation is critical for modern manufacturing operations and the factory of the future.
June 5, 2023
SOX is stressful, but it doesn’t have to be. Automation is scary, but it doesn’t need to be. Learn how gradual automation can simplify your SOX compliance.
June 5, 2023
The tax-exempt status of nonprofit hospitals is under scrutiny as Congress determines whether the benefit equates to the value provided to local communities.
June 2, 2023
The new Tennessee Information Protection Act will place limits on the way businesses collect and process personal information of Tennessee consumers.
May 30, 2023
You’ve probably heard that probate should be avoided in estate planning. But what does that mean, and how is it done?
May 25, 2023
The guidance on classifying cash flows among operating, investing, and financing activities remains a gray area – even more confusing when transactions have aspects of more than one type of activity.
May 22, 2023
These days, more businesses are filling vacant positions and saving money by using independent contractors. Knowing the basic rules can keep you out of trouble with the IRS.
May 19, 2023
Don’t ignore tax planning as work slows and retirement gets closer. There could be a new set of tax challenges around the corner.
May 9, 2023
Even if you filed your 2022 tax return by the deadline, you might still have questions. We’re often asked about refund status, how long to keep records, and when an amended tax return should be filed. Here are the simple answers.
May 3, 2023
Tax law changes are coming for Tennesseeans, including a three-month grocery tax holiday, paid family leave tax credit for employers, and a host of other cuts to business and F&E taxes.
April 28, 2023
Middle market companies engaging in research and development activities face new challenges due to new Section 174 rules. Here are answers to some of the most common questions stemming from the new requirements.
April 25, 2023
Understanding new Section 174 rules is essential for business owners to prevent costly surprises and preserve cash flow.
April 17, 2023
The federal tax code encourages businesses to invest in historic buildings with a tax credit. Here are the ways it can help if your business moves or expands.
April 12, 2023
Adding your logo is a good start, but there are plenty of other easy ways you can make your QuickBooks forms look better.
April 11, 2023
If your spring cleaning includes sending tax paperwork to the trash pile, think about the potential value of those documents if you’re involved in a future IRS audit.
April 6, 2023
Filing as a “head of household” instead of “single” could save you money when it’s time to file your taxes. Do you qualify?
March 31, 2023
Lenders will be required to compile and analyze more information about small business loan applicants under a new federal rule finalized March 30.
March 28, 2023
Bank collapses in the U.S. aren’t common, but when it happens, it can be a harrowing experience for customers whose money is at risk. Limit your potential losses by remembering these key points of FDIC coverage.
March 27, 2023
Business leaders are at odds with the FASB over the impact of ASU No. 2023-ED100, which would drastically change the way tax and rate reconciliation figures are disclosed.
March 24, 2023
Brand new to QuickBooks? Maybe you’re struggling to adjust? These five tips can help you become more comfortable with the software.
March 22, 2023
For construction businesses, the cost of insurance can be high, but the cost of going without it can be so much worse. Let’s review a few important types of coverage.
March 1, 2023
Getting money for services can be much more enjoyable than sending money out. Here are three ways to process payments from customers.
February 27, 2023
Higher costs for labor and materials are still putting a chill on profitability for many construction companies. These eight steps might seem simple, but overlooking just one could cost you money.
February 6, 2023
KraftCPAs was picked as one of America’s best tax firms and best accounting firms for 2023, according to a new survey released by Forbes.
January 31, 2023
Your time as a business owner is valuable. Don’t waste any of it doing duplicate data entry.
January 27, 2023
Fraud is an ever-present threat for construction businesses, both in the office and on jobsites. That’s why contractors must leave no stone unturned when trying to prevent it.
January 19, 2023
Spencer Mercer will oversee the Chattanooga location of KraftCPAs as its new member-in-charge.
January 17, 2023
The cost of goods sold can account for 70% of a company’s expenses, according to recent discussions by the FASB’s Investor Advisory Committee. However, some companies skimp on details around the costs they incur to produce goods. The FASB’s disaggregation of income statement project could change that.
January 16, 2023
Every business can be an innovator. The research tax credit is a way to reward that innovation, and it comes with an intriguing feature related to payroll taxes.
December 8, 2022
Depending on the nature of your company’s operations, your balance sheet may include inventory totals. Here’s why your inventory system might be flawed and giving you the wrong numbers.
November 1, 2022
Alex Dawald and Jared King are the newest members at KraftCPAs, where they join a team of 18 other partners at the firm.
October 18, 2022
The Best Accounting Firms to Work For title is Kraft’s ninth in the award’s 14-year history.
May 27, 2022
Medicare bad debts present rural health clinics and other Medicare Part A providers an opportunity to recover reimbursement dollars they might otherwise miss.
May 27, 2022
With gas prices climbing, now’s a great time to closely track your business travel expenses for a potential tax deduction. The QuickBooks Online mobile app can help.
April 28, 2022
KraftCPAs has once again been selected by employees as one of Nashville’s Best Places to Work, an annual list compiled by the Nashville Business Journal.
April 23, 2022
Misunderstanding the complex rules of tracking employee hours can lead to errors, confusion, and wasted hours. Here are a few ways to hold the line for your next construction project.
April 6, 2022
Businesses and nonprofit groups are gradually adjusting to requirements of the new lease accounting standard, such as bringing most leases onto the balance sheet. Since ASC 842 can seem confusing, here’s a quick guide to ease the adjustment period.
February 24, 2022
Being fully prepared and organized can help your financial statement audit go smoothly and ultimately save your business or organization time, money, and headaches.
January 26, 2022
Ramona Scott and Julie Booth have been recognized by the Home Builders Association of Greater Chattanooga for their work with the group.
January 4, 2022
Receipts are vital to tracking your business expenses, but without the right system in place, it can become a chore. But capturing, storing, and organizing receipts doesn’t have to be a hassle.
December 3, 2021
Diversity, equity, and inclusion are buzzwords in modern strategic management. Here are some of the benefits that initiatives in these areas bring to public and private companies and how companies can showcase their progress in footnote disclosures and separate diversity, equity, and inclusion reports.
November 9, 2021
Feeling generous this year? There are a few rules to consider when you make charitable contributions and gifts to loved ones.
November 3, 2021
Moving closer to family and taking advantage of better weather are just two reasons you might retire to another state. Don’t forget to consider state and local tax implications before you plan a move.
November 1, 2021
Spencer Mercer is the newest member at KraftCPAs PLLC, joining a team of 17 other partners in the firm.
October 11, 2021
During the COVID-19 pandemic, many audit procedures have been performed remotely, forcing auditors to rely more heavily on analytical procedures. It’s important to understand how auditors use analytical procedures to make audits more efficient and effective.
October 7, 2021
KraftCPAs is one of the “Best Accounting Firms to Work For” based on an annual survey by Accounting Today.
September 2, 2021
Have you taken a few minutes to really explore QuickBooks’ report center? It’s the best way to learn about the variety of reports available from one of QuickBooks’ most powerful components.
July 3, 2021
Tennessee offers a variety of tax-saving credits. Do you know what’s available and how they could help your business?
May 11, 2021
Cybercrime isn’t just an issue for big corporations. Your small business can be a target, too. Are you protecting your QuickBooks data?
April 13, 2021
KraftCPAs has again been chosen as one of the Best Places to Work in Middle Tennessee, an annual survey commissioned by the Nashville Business Journal.
April 7, 2021
The value of an internal audit is different for everyone and can change based on circumstances, but a solid framework can provide the conditions necessary to deliver value to you.
March 25, 2021
Brian Gray has been promoted to president of Kraft Technology Group, an affiliate of KraftCPAs.
March 24, 2021
Spencer Mercer has joined the team at KraftCPAs’ Chattanooga location as the firm continues to increase its investment in the community.
September 30, 2020
KraftCPAs PLLC, a Nashville-based firm, has expanded its footprint to Chattanooga with the acquisition of Matheney, Stees & Associates PC (MSA).
August 11, 2020
Several professionals from KraftCPAs and affiliates have been chosen for the Nashville Business Journal‘s 2020 Power Leaders in Finance list.
August 11, 2020
Danetta Allen and Lynsey Roberts have been elevated to member roles at KraftCPAs effective Nov. 1, 2020.
August 7, 2020
A meticulous approach to keeping business records can protect your tax deductions and help make an audit much less painful.
July 29, 2020
Kraft Healthcare Consulting LLC president Scott Mertie has been appointed to the board of directors for the Nashville Health Care Council for 2020-2021. Scott is one of 15 new members chosen for the board.
February 27, 2020
The Nashville Business Journal’s annual list recognizes the area’s most influential professionals in the healthcare industry.
January 20, 2020
Vic Alexander, Lucy Carter, Dana Holmes, Scott Mertie, and Gina Pruitt are among Middle Tennessee’s healthcare leaders chosen for the new InCharge Health Care publication.
December 17, 2019
Should you file your tax return as a single person, a married couple filing jointly, a “head of household” or some other status? Know what the federal tax filing statuses are and who can claim them.
November 1, 2019
Scott Nalley has been elevated to member at KraftCPAs, becoming the 16th partner in the firm.
October 18, 2019
Vic joins a select list of leaders that the Nashville Business Journal describes as “the power players who know everyone.”
September 21, 2019
There are a variety of cyber vulnerabilities that can impact medical devices, especially as these devices within a hospital or health system become more and more connected.
September 13, 2019
A good internal control system can help a company in critical ways, including accurate financial reporting and detection of financial misstatements.
September 5, 2019
Scott’s debut on the NBJ’s annual Most Admired CEOs list follows his recent recognition in the publication’s Power Leaders in Accounting, as well as their Health Care Awards.
September 5, 2019
The honor from the Nashville Business Journal comes after six appearances on the annual Most Admired CEOs and Their Companies Awards list.
August 15, 2019
The Nashville chapter of the TSCPA has picked a KraftCPAs member as its president for the 2019-’20 term.
July 25, 2019
The six chosen are among 50 from Middle Tennessee selected for the Nashville Business Journal’s annual listing of financial industry leaders.
May 16, 2019
Josh Hedrick will move into a member position with Kraft Analytics, an affiliate of KraftCPAs.
May 15, 2019
Gina Pruitt is among 10 healthcare industry leaders chosen for the Nashville Medical News’ annual Women to Watch list.
April 11, 2019
The annual awards presented by the Nashville Business Journal help recognize the region’s biggest influencers in the healthcare industry.
March 7, 2019
KHC’s Scott Mertie teamed up with the AIHC to create a specialized training program and credential for cost reporting professionals.
October 31, 2018
Beverly Horner, the member-in-charge of KraftCPAs’ assurance services team, and Ronda Pitts, the member-in-charge with the entrepreneurial services team, have retired from full-time positions with KraftCPAs. Both joined the firm in the late 1980s and were with Kraft for more than 30 years each.
August 28, 2018
Brad Koenig, the senior manager for the KraftCPAs entrepreneurial services department, will become a member at KraftCPAs beginning Nov. 1.
May 11, 2018
Less than two months into President Donald Trump’s White House tenure, the Nashville Health Care Council’s Leadership Health Care (LHC) initiative led a group of more than 100 healthcare leaders on its annual two-day delegation to Washington, D.C.
October 18, 2017
Congratulations to KraftCPAs Chief Manager, Vic Alexander, who was named to the Nashville Business Journal’s (NBJ) 2017 Power 100 list.
October 11, 2017
Scott R. Mertie of Kraft Healthcare Consulting, LLC (KHC) was selected by the German American Chamber of Commerce® of the Midwest, Inc. (GACC Midwest) to participate in an exclusive international health and technology delegation in Germany.
September 15, 2017
Congratulations to KraftCPAs Chief Manager, Vic Alexander, who was named to the Nashville Business Journal’s list of the 2017 Most Admired CEOs and Their Companies.
June 8, 2017
Any entity that handles health information or other sensitive data should be intimately familiar with HIPAA, HITECH, and HITRUST.
May 24, 2017
Healthcare systems are seeing global transformation, with governments and providers trying to reconcile increased costs with rising demand for greater accessibility and higher-quality care. In March, Scott Mertie, president of Kraft Healthcare Consulting, LLC, participated in the Nashville Health Care Council’s 2017 International Health Care Study Mission to the United Kingdom.
November 9, 2016
KraftCPAs PLLC is pleased to announce that Sean Owens and David Lister became members (owners) in the firm, effective November 1.
May 23, 2016
Congratulations to Vic Alexander, chief manager of KraftCPAs, who recently received the 2016 Business with Purpose Award in the “leader with purpose” category.
November 6, 2015
KraftCPAs PLLC is pleased to announce that Michael Davis became a member in the firm on Nov. 1, 2015.
June 3, 2015
The members of KraftCPAs are pleased to announce that Lucy R. Carter, CPA, and the team of Carter Lankford, CPAs, P.C., will join our firm effective July 1.
April 30, 2013
Scott Mertie was part of a delegation of approximately 30 healthcare leaders to visit Paris in April — a trip spearheaded by the Nashville Health Care Council (NHCC).
June 14, 2010
Scott Mertie traveled to London, England and Edinburgh, Scotland on a Health Care Study Mission.
November 11, 2009
Scott Mertie and Kevin Crumbo accompanied Governor Bredesen and Economic Community Development Commissioner Matt Kisber on individual trade missions to China and Japan.