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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.

Is an HSA best for your financial health?

Sep 20, 2023

Many companies offer health savings accounts to their employees. You might also be able to open one of these tax-saving accounts through certain banks and other financial institutions. Here are the basic rules.

IRS suspends processing of ERTC claims

Sep 19, 2023

With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through the end of 2023.

How taxes factor into M&A transactions

Sep 18, 2023

Buying or selling a business? It may be the most important transaction you ever make, so it’s important to understand the tax implications as you negotiate.

New guidance clears contribution confusion

Sep 8, 2023

The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.

Add a tax break to your holiday gift list

Sep 6, 2023

Make the most of estate and gift tax exemptions now before deduction limits change in 2026.

Don’t overlook value of depreciation tax breaks

Sep 5, 2023

Inflation hasn’t been all bad news for business owners. One significant upside is that the amount of depreciation tax breaks for businesses has increased for 2023.

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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