U.S. tax law is complex and constantly evolving. KKB’s professionals provide proactive advice to keep our clients informed of opportunities to manage their tax burden and take advantage of tax savings strategies.
Corporate and Individual Tax
At KKB, we provide a holistic approach to our tax services that includes compliance with current tax reporting, as well as tax planning that focuses on the future. Tax preparation and projections involve strategy and understanding of various overlapping functions that may impact federal, state and sometimes international boundaries. We dedicate time to understand our client’s goals to help them navigate goals, objectives, and attain their future vision.
We stay up to date on rapidly changing tax legislation and regulations to ensure our clients remain in compliance. In addition, we develop strategic and thorough tax plans to mitigate tax burdens and provide our clients with financial peace of mind. Our professionals offer personal and business tax planning and preparation services to our diverse clients. By developing and implementing a proper tax plan and strategy, we offer our clients insights to tackle their future business and personal tax challenges.
International Tax
Conducting transactions across the globe brings both growth opportunity and risk. With a broad range of experience in international taxation, KKB professionals are well-qualified to advise clients on a global scale. Our clients include United States companies doing business abroad, and residents working abroad. We also assist international corporations doing business in the United States and foreign citizens working in the United States. Our international tax advisors can explore the tax implications if your business growth plans extend overseas. When partnered with KKB, we can help you understand international requirements to reduce risk and support you every step of the journey.
Gift, Trust & Estate Strategies
At KKB, we are sensitive to the emotional challenges surrounding estate planning. We proactively work with our clients to understand their goals and objectives, whether it be business succession planning, transferring wealth, or making current gifts. Our clients range from individuals that require an introduction to estate planning to high-net-worth families with well-established estate plans that require regular maintenance. With our extensive knowledge of income taxes and estate taxes, we can devise strategies that minimize both.
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