Our process begins with understanding our clients’ business goals, challenges, operations, and issues. As their trusted advisor, we partner with our clients to guide them through new developments and provide best practice solutions to help them make sound business decisions. By combining our technical accounting and tax expertise with operational and business intelligence, our advisory services are structured to increase profitability, create value, and build capital.
Cash Flow Management
Analyze spending and re-balance optimal cash flow.
Financial Projections/Forecast & Analysis
Breakdown and explanation of start-up costs, sales, expenses, cost of goods sold, and your cash flow status based on past, current, and projected economic conditions of the business.
Year End Closing Procedures
Analyzing and adjusting accounts to ensure that they correctly reflect the financial transactions for the fiscal year. It is the concluding step in the accounting cycle before developing a financial statement and includes such procedures as adjusting your bank accounts and performing bank account reconciliations.
Entity Selection & Restructuring
Understand what form of entity fits your objectives. Valid entity selection is essential, especially when tax obligations are a factor.
Mergers & Acquisitions
Buying, selling, or considering a potential merger? KKB can provide professional guidance and due diligence on how to help you successfully structure and negotiate the deal.
Debt & Finance Advising
KKB offers consulting services to devise financing strategies and meet financing goals. KKB can help review your choice of funding alternatives using current knowledge of prevailing market conditions and key market trends that are significant for debt financing choices.
Internal Controls
KKB can help evaluate whether your internal processes and procedures are in place to shield you from fraud, theft or error.
Succession Planning
KKB encourages clients to start years before you plan to exit the business by recognizing successors and developing their leadership abilities and business acumen.
IT/Tech Support
KKB offers in-house assistance with software problems and robotic process automation (RPA).
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