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

Almost every decision you make has financial consequences — and many of them are tax-related. Since 1958, we've helped Wilson County families, business owners, and community organizations manage their finances, create smart tax strategies, and turn financial goals into reality.

105 Bay Court
Lebanon, TN 37087
615-449-2334
lebanontn@kraftcpas.com

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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.

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.

Watch out for employee retention tax credit frauds

Aug 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.

Changes ahead for cost recovery, losses, and R&D

Aug 9, 2023

Take a closer look at recent changes in tax accounting methods for cost recovery, losses, and more.

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've 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.

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