Sep 30 FAQs: Treasury Department Requires Filing for Dissolved Entities
The Treasury Department updated its frequently asked questions on July 8, 2024. The big news: if the plan was to dissolve the company before 2025, you must register! ...
Jan 10 New Jersey Enacts Corporate Transit Fee
On June 28, New Jersey enacted a corporate transit fee, a 2.5% tax on some corporation business tax (CBT) payers that have New Jersey allocated taxable net income in excess of $10 million.[1] The fee is effective for privilege periods beginning on and after January...
Jan 10 Meet the Team: Nancy Forbes
Please join us in extending a warm welcome to Nancy Forbes, who joined us in August. Nancy is our new executive administrative assistant, supporting partner Jerry Shanker and other members of the KRS team....
Jan 10 KRS Career Fairs
We Are Hiring. Visit us at an upcoming career fair....
Jan 10 Meet the Team: Francisco De La Cruz
I’m currently a senior accountant at KRS CPAs, where I focus primarily on Audits, Reviews, and Compilations. I also lend a hand with Tax work. I joined the firm on August 12, 2024, and I’m excited to be part of such a dynamic team....
Jan 10 Meet The KRS Team: John Friscia
I graduated with a BS degree in accounting from Rider University and a Masters of Business Administration from Phoenix University. I worked for over 30 years in various New Jersey and New York accounting firm. Prior to joining KRS, I worked at a national accounting...
Jan 10 Will Your Small Business Be Audited?
Are you worried about the likelihood of your business being audited by the IRS? If so, there are a lot of preventive red flags that you can keep an eye out for when looking to protect your business from being the focus of an audit....
Jan 10 We May Never See a Better Environment for Transferring Wealth … Here’s Why
It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025....