Meet Kevin Taccad, KRS Staff Accountant

I became a part of the KRS family in January as a Staff Accountant after graduating this past December with my Masters in Accounting. Since joining the firm shortly before tax season, I quickly gained exposure in learning how to prepare tax returns and compilations for individuals and small businesses. In addition, I have gradually transitioned to assisting our bookkeepers with duties such as routine write-ups and payroll for our business-owning clientele. I thoroughly enjoy my work and role within the company and I am very eager to learn much more about all aspects of accountancy.

Equifax Breach Settlement Leads to Scams

The Equifax Data Breach resulted in a settlement and those affected have a choice between free credit monitoring or a $125 payment.

Now, bad actors are targeting victims of the Equifax breach with phishing attacks and spoofing Equifax’s settlement page.

Here's what you can do if you have a claim to file.

KRS Is Tops! Firm Recognized by Accounting Today for Creating a Quality Workplace

KRS CPAs was named as one of the Accounting Today’s 2019 Best Accounting Firms to Work for. This marks the seventh time the Paramus-based firm has received this prominent award.

“The firms on this list represent the best workplaces in the accounting profession,” says Accounting Today Editor-in-Chief Daniel Hood. “They are outstanding places to build a career.”

Lance Aligo Promoted to Manager

KRS is pleased to announce the promotion of Lance Aligo, CPA, MSA, from senior accountant to accounting manager. Aligo looks forward to the new opportunities this position will bring, while still working with clients to help them achieve their goals.  He will continue to assist clients with business growth, tax planning, and business succession strategies. Aligo will also play a larger role in staff training and development and on-campus recruitment.

“I’m very excited about the opportunity to work with the younger staff accountants and provide training to them.  I always felt that KRS had a great support system and now I get to be a part of it,” says Aligo.

Craig DiGennaro joins KRS CPAs!

Craig DeGennaro joined KRS as a Senior Accountant in January 2019 after spending nearly four years at a different public accounting firm. Born and raised in Paramus, Craig says it's great to be back in his hometown.

Being at a full service firm like KRS allows Craig to get involved with all areas of the practice, and he is most passionate about tax work.

Outside of work, Craig likes to stay active by walking in the park and playing golf and tennis.

Employers: Know Your Tax Forms

As an employer, you're responsible for submitting to the IRS a myriad of tax forms throughout the year. The W-2, W-3, and W-4 are probably ones you already know about.

But do you know about Forms 940, 941, and 944 and their respective deadlines?

Here's what you need to know.

Josh Rollins joins KRS CPAs!

Josh Rollins, KRS staff accountant, works on audits, compilations, bookkeeping, taxes, tax planning, forensic accounting, and business valuations alongside senior KRS staff. He enjoys the flexibility and variety of work KRS offers.

In his spare time, Josh enjoys staying active. In summer, that means golf, disc golf, and hiking. In the winter (before tax season starts), Josh loves to travel to various mountains on the east and west coast to snowboard.

The Dirty Dozen Tax Scams

Phishing tops IRS list of top 12 tax scams, so you must watch for fake emails, text messages, websites, and social media attempts to steal your personal information. Phone scams come in at #2. Here, criminals make threatening phone calls to innocent taxpayers, demanding money or personal information.

Knowing about these scams can help you take steps to protect your personal and financial information.

Are You Prepared to Be a “ME” Enterprise?

Ashok Shah presented at the June 6th KRS Insights breakfast, based on “Emergence of the ‘Me’ Enterprise,” the book he co-authored with G. Ross Kelly. The book discusses the major trends such as digitization, Uberization, and disintermediation that are transforming the workplace and affecting our careers, whether we realize it or not.

After his talk, we had the opportunity to chat with him in more depth about the ‘Me’ Enterprise and what it means for our careers.

What is different from the past and how is it impacting our careers?

Four major events occurred that changed the landscape dramatically: 9-11 and its economic impact, the 2008 economic downturn, the emergence of technology as a new economic driving force, and global competition...