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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.

Kiddie tax hangs on, even after childhood

Jan 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.

Your biggest tax season questions answered

Jan 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.

Do you know your customers well enough?

Jan 15, 2024

Your customers keep your business afloat, and building comprehensive profiles in QuickBooks can help you know them better.

Employees’ tips could be a bonus for you

Jan 10, 2024

If you own a business where your staff receives tips, you might qualify for a lucrative tax break.

IRS program designed to collect ineligible ERC money

Jan 5, 2024

A new program and IRS form will allow businesses to pay back money and avoid penalties resulting from wrongful ERC claims.

Defer a tax bill with a like-kind exchange

Jan 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.

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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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