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FAQ: Capitalization and amortization of R&D costs under new Section 174 rules

Apr 28, 2023

Middle market companies engaging in research and development activities face new challenges due to new Section 174 rules. Here are answers to some of the most common questions stemming from the new requirements.

New tax treatment of R&D costs spur M&A considerations

Apr 25, 2023

Understanding new Section 174 rules is essential for business owners to prevent costly surprises and preserve cash flow.

Historic sites can provide tax benefits for business relocation or expansion.

Tax credits add incentive for business expansion

Apr 17, 2023

The federal tax code encourages businesses to invest in historic buildings with a tax credit. Here are the ways it can help if your business moves or expands.

QuickBooks has options that can give your forms a polished look

How to give your QuickBooks forms a polished look

Apr 12, 2023

Adding your logo is a good start, but there are plenty of other easy ways you can make your QuickBooks forms look better.

Those tax papers you wanted to throw away might be worth keeping a little longer.

Trash or treasure? Value of tax paperwork can vary

Apr 11, 2023

If your spring cleaning includes sending tax paperwork to the trash pile, think about the potential value of those documents if you’re involved in a future IRS audit.

Using the "head of household" status on your next tax filing can be a money-saver.

The tax perks of being ‘head of household’

Apr 6, 2023

Filing as a “head of household” instead of “single” could save you money when it’s time to file your taxes. Do you qualify?

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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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