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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.

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.

Make the most of your employer’s 401(k) plan

Oct 31, 2023

Does your employer offer a 401(k) plan, but you haven’t started participating? Here are the basic features of these plans to illustrate why you should strongly consider it.

Offset nursing home costs with potential tax breaks

Oct 29, 2023

Finding nursing home care for an elderly parent can be stressful and emotional even before finances come into the picture. But when that time comes, it might help to remember a few tax breaks that can help ease the financial strain.

New reporting rules will affect beneficial owners

Oct 27, 2023

Extensive reporting requirements stemming from the Corporate Transparency Act will affect many business owners starting January 1.

Simple systems can thwart inventory issues

Oct 23, 2023

No matter what you sell, accurate inventory tracking helps keep products moving and keeps customers happy.

Social Security tax base grows for 2024

Oct 21, 2023

The earnings cutoff to determine who pays Social Security tax will expand by more than $8,000 next year.

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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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