Whether professional service firms are looking to maximize operating efficiency, sustain profitability, or maintain meaningful client relationships, KKB can help. Our accountants and advisors apply our decades of experience to assist clients in achieving their tax and overall cost savings objectives, establishing long-term stability, and preparing for growth. By closely joining our dedicated expert services team with each client’s specific circumstances and goals, KKB helps our clients implement efficient, proven, industry-specific solutions to address accounting, tax, and general business challenges.
KKB serves a wide range of professional service clients, including legal, medical, engineering, advertising, and consulting firms. Our Professional Services team provides a full range of accounting and advisory services, including:
- Tax Preparation, Planning, and Consulting
- Assurance and Financial Statements
- Consulting for Specific Transactions
- Employee Benefit Plan Audits
- Mergers and Acquisitions
- Internal Controls & Operations Review
- Compensation Planning
KKB provides tailored solutions to help professional service firms better serve their clients. We have made it our mission to go beyond the traditional role of accountant and tax advisor to help our clients anticipate challenges before they arise and resolve complex issues unique to each individual practice.
Maximize the QBI deduction before it’s gone
/in Tax/by KKB CPAsThe qualified business income (QBI) deduction is scheduled to disappear after 2025. Congress could extend it, but don’t count on it. Here’s what you need to know to make the most of it while you can. Continue Reading Maximize the QBI deduction before it’s gone
Cash vs. accrual accounting: What’s the difference?
/in Tax/by KKB CPAsIs your business using the optimal method of accounting? What’s right depends on your company’s size, level of sophistication and other key factors. Continue Reading Cash vs. accrual accounting: What’s the difference?
Tax-wise ways to take cash from your corporation while avoiding dividend treatment
/in Tax/by KKB CPAsAs you may know, dividends paid out by a corporation are taxable to shareholders and can’t be deducted by the business. But there may be ways to get cash out of your closely held corporation without dividend treatment. Continue Reading Tax-wise ways to take cash from your corporation while avoiding dividend treatment