KKB’s Not-for-Profit services team is comprised of Partners and professionals with the highest level of technical expertise required to address charitable organizations’ accounting and regulatory needs. We collaborate closely with our clients to develop innovative and creative solutions that allow the leaders of today’s not-for-profits to focus on the needs of their communities. Leveraging decades of industry experience with clients, our experienced professionals help organizations implement best practices, mitigate operational and compliance challenges, and recognize opportunities. KKB’s Not-for-Profit services team provides a full range of accounting and advisory services, including:
- Tax preparation and compliance
- Financial reporting including audited, reviewed and compiled statements
- Specialized yellow book audit reporting
- Outsourced accounting services
- Strategic planning
- Employee benefit plan audits
- Internal control audits and reporting
At KKB, we are devoted to positively impacting our local and regional communities. We apply this passion to provide not-for-profit organizations with the guidance and best practices necessary to grow and prosper.
IRS suspends processing of ERTC claims
/in Tax/by KKB CPAsWith fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through year end. Continue Reading IRS suspends processing of ERTC claims
It’s important to understand how taxes factor into M&A transactions
/in Tax/by KKB CPAsBuying or selling a business? It may be the most important transaction you ever make. So it’s important to seek professional tax advice as you negotiate. Don’t wait until a deal is done! Continue Reading It’s important to understand how taxes factor into M&A transactions
Plan now for year-end gifts with the gift tax annual exclusion
/in Tax/by KKB CPAsThe estate and gift tax exemption amount is scheduled to be cut drastically in 2026 when the related Tax Cuts and Jobs Act provisions expire (unless Congress acts to extend them). Making tax-free gifts before then can cut the size of your taxable estate and may be one way to address this potential threat. Continue Reading Plan now for year-end gifts with the gift tax annual exclusion