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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.

Internal or external? Find the audit that fits

Dec 7, 2024

Although the benefits can be equally significant for a business, the purpose and approach to internal audits and external audits are quite different.

Inflation’s impact on your 2024, 2025 taxes

Dec 5, 2024

Inflation has slowed considerably in the past couple of years. What does this mean for your next federal tax bill? Here are the inflation-adjusted amounts for several provisions in 2025, compared to 2024.

Court puts new BOI rules on hold

Dec 4, 2024

At least 32 million businesses faced a January deadline to comply with new CTA rules. An injunction leaves those rules in limbo.

OT rule struck down: What it means for employers

Nov 27, 2024

A federal court has struck down a new rule regarding the salary threshold for determining whether employees are exempt from federal overtime pay requirements.

There’s still time to save on 2024 taxes

Nov 18, 2024

Implementing these year-end strategies might reduce your 2024 personal tax liabilities.

Business travel deductions can add up

Nov 14, 2024

If you’re a small business owner, travel deductions can significantly reduce your taxable income. Here’s how to make the most of them.

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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