105 Bay Court
Lebanon, TN 37087
615-449-2334
lebanontn@kraftcpas.com
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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.
Being fully prepared and organized can help your financial statement audit go smoothly and ultimately save your business or organization time, money, and headaches.
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.
Feeling generous this year? There are a few rules to consider when you make charitable contributions and gifts to loved ones.
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.
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.
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.
"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.
