TAXPAYER RESOURCES

With tax laws changing every year, completing your returns can be confusing and frustrating.

We're here to help.

Tax news and updates for individuals, families, and entrepreneurs

Our team of tax experts has the solutions to make your next filing a little easier — and that insight is just a click away. Browse our archive of tax-related posts below, and click the button to sign up for our newsletter and updates.

BOI filing deadlines closing in

Oct 22, 2024

More than 32 million U.S. businesses are required to file beneficial ownership information (BOI) reports this year, but the clock is ticking.

Employers face change to Social Security wage base

Oct 21, 2024

Changes are coming to the Social Security system in 2025 in the form of a higher wage base, which was recently announced by the Social Security Administration. Here’s what it means for your business.

Tax breaks can ease financial pain of natural disasters

Oct 14, 2024

It’s been an especially difficult year for victims of natural disasters, including those affected by Hurricane Milton and Hurricane Helene. Taking advantage of the casualty loss deduction can help ease the financial pain.

Buying a home? Know your points

Oct 1, 2024

When you buy a house, can you deduct seller-paid points on your tax return? Here are the rules.

How to keep your partnership or LLC tax compliant

Sep 27, 2024

Guaranteed payments to partners and payments to retired partners are just two of the tax issues that should be addressed in your partnership or LLC operating agreement.

What contractors should know about new PWA rules

Sep 27, 2024

Construction businesses that work on clean energy projects may have some great opportunities ahead. Here’s a look at the substantial tax incentives involved.

Look ahead now to year-end tax planning

Sep 10, 2024

With 2025 closing in fast, here are year-end moves to consider that may help your small business save on taxes.

There really are ways to make money tax-free

Sep 4, 2024

Not every type of gain or income is subject to federal income tax.

Understanding taxes on real estate gains

Aug 23, 2024

If you’re the owner of a pass-through entity, the federal income tax rules for gains from the sale of business real estate or vacant land may be more complex than you imagined.

"We saved one client $700,000 using R&D credits — credits that the company’s previous CPA told them they were not eligble to claim. We stay on top of the latest tax laws to help clients reduce their taxes.”

Mark Patterson, KraftCPAs Tax Services

Search Site

Search Team

Search Articles