The firm Tennesseans have known and trusted for more than 60 years

Newsletter Icon

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.

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.

Quick fixes that could shrink your personal taxes

Dec 5, 2023

There aren’t a lot of options to change your tax situation as the year winds down. Here’s a look at four that could still save you money.

Exceptions can cut cost of early IRA withdrawal

Dec 4, 2023

If you’re strapped for cash, you might see the money sitting in your traditional IRA as a good solution. But if you’re under age 59½, pulling money from your IRA can come with a hefty penalty.

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.

  • Should be Empty:
  • Helping clients build, preserve, and transfer business value and personal wealth since 1958.

    "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

    Search Site

    Search Team

    Search Articles