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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.

Tax relief available for Tennessee tornado victims

Dec 23, 2023

Residents of Davidson, Dickson, Montgomery, and Sumner counties qualify for special IRS exemptions as a result of the early December storms.

Improve or repair? There’s a difference

Dec 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.

Well-timed bonuses benefit employer and employee

Dec 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.

Reporting subsequent events: When, why, and how

Dec 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.

Embrace the spirit of giving and deducting

Dec 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.

10 tips to beef up your budgeting

Dec 11, 2023

Has budgeting been a thorn in your side? QuickBooks can get you started simply by using your historical financial data.

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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    "Kraft has helped KYZEN implement new accounting standards, address tariff issues, and navigate tax law changes to keep both our U.S. and foreign operations in compliance. Though they have the resources of an international firm, their local approach to customer service is what sets them apart."

    Tom Forsythe
    Executive Vice President
    KYZEN Corporation

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