You’ve probably heard about the new SECURE 2.0 law. Here’s what it might mean for your business. Continue Reading How the new SECURE 2.0 law may affect your business
Hiring a bookkeeper for your small business can be a daunting task. Here are some helpful tips. Continue Reading Now hiring: 10 questions to ask bookkeeper candidates
With Republicans now in control of the U.S. House of Representatives, what’s the fate of prospective tax legislation in 2023? Continue Reading Reading the tea leaves: Potential tax legislation in the new Congress
If you’re a parent, you know that children are expensive. Fortunately, there’s a federal Child Tax Credit that may help you with the expenses. Here are the current rules. Continue Reading Child tax credit: The rules keep changing but it’s still valuable
Pay attention to taxes if you’re buying or selling a business. After a transaction is complete, it may be too late to get the best tax results. Continue Reading Key tax issues in M&A transactions
Breaking into a retirement plan before age 59½ may result in a penalty tax. But there are exceptions. Here are the rules, along with what happened to one taxpayer who tried to avoid the penalty because he had diabetes. Continue Reading Retirement plan early withdrawals: Make sure you meet the requirements to avoid a penalty
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Getting a handle on inventory
/in Tax/by KKB CPAsFor retailers, manufacturers and many other businesses, a significant amount of working capital is tied up in inventory. What can your company do to lower its inventory carrying costs? Continue Reading Getting a handle on inventory
Keep these 3 issues in mind after you file your return
/in Tax/by KKB CPAsFor more helpful tax and accounting articles, or to sign up for our newsletter, please visit our KKB Insights page. If you have any questions, please contact us. Continue Reading Keep these 3 issues in mind after you file your return
Update on retirement account required minimum distributions
/in Tax/by KKB CPAsThe SECURE 2.0 law includes good news about required minimum distributions from tax-favored retirement accounts. But an earlier law contained some bad news for certain beneficiaries of inherited retirement accounts. Here are the rules. Continue Reading Update on retirement account required minimum distributions