
Latest Posts


Happy Thanksgiving
Happy Holidays from all of us at KKB!

Choosing a business entity: Which way to go?
Choosing the best entity for your business is a multi-faceted decision. Here’s a look at the some of the considerations.

Are scholarships tax-free or taxable?
If your child is fortunate enough to get a scholarship, is the amount taxable income? For some, yes, but there’s good news for most families.

Don’t let IRS compliance issues drag down your nonprofit
If your nonprofit is having trouble complying with IRS tax-exempt regulations, don’t wait until your status is revoked or your organization is subject to investigation. Here’s how to be proactive.

Income tax filing deadline postponed to November 16 for most California taxpayers
The California Franchise Tax Board also announced on the evening of October 16, 2023, that it is conforming to the most recent IRS postponement of tax filing and payment deadlines to November 16, 2023, for California taxpayers in the 55 counties impacted by storms in late 2022 and early 2023.

Business automobiles: How the tax depreciation rules work
Complex calculations are involved in claiming depreciation deductions for the business use of a passenger automobile. Here are the basic rules.

The tax implications of renting out a vacation home
If you rent your vacation home for less than 15 days during a year, there’s a special tax break. Here are the rules for vacation rentals.

4 ways to prepare for next year’s audit
It’s time to prepare for next year’s audit. Are you ready for fieldwork to begin?