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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.

Businesses subject to new e-file rules in 2024

Nov 28, 2023

More businesses, corporations, and partnerships must file electronically starting January 1 as the IRS moves to reduce paper filings.

Year-end tax tips for small businesses

Nov 24, 2023

The holiday whirlwind has begun, but don’t ignore a few potential ideas for your small business to save on 2023 taxes.

Are scholarships tax-free or taxable?

Nov 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.

Five strategies to cut your company’s 2023 tax bill

Nov 17, 2023

Making time for year-end tax planning time now may prove beneficial come tax-filing time next year.

Deduction limits could help on 2025 returns

Nov 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.

New IRS rates designed help business travelers

Nov 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.

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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