May 26 Celebrating KRS’ Recent Graduates
We are proud to recognize and celebrate the recent graduates within our Tax & Accounting team....
May 15 IRS Adds Online Help for Tax Debt Relief
The IRS has announced a new online tool designed to help taxpayers better understand and address tax debt....
May 15 W-2 Plus a Side Business: Simple Ways to Track Income and Expenses
In Part 1 of this series, we covered the traps that create tax stress: mixed spending, inconsistent income tracking, missed estimated taxes, and deductions without documentation. Now we share a simple system that works for most side businesses....
May 14 What You Need to Know About Business Recordkeeping
Selecting an effective recordkeeping system is essential because your business needs an accurate, organized view of every financial transaction. Most small-business owners rely on accounting journals and ledgers to track gross income, along with deductions and credits....
May 01 W-2 Plus a Side Business: The Traps That Create Tax Stress
Having a W-2 job and a side business is a smart way to build something of your own. It can also create tax surprises if you’re tracking your side gig’s income and expenses casually....
May 01 10 Internal Control Tips for Small Business Owners
Internal controls are one of the most useful tools a small business owner can put in place. They help reduce mistakes, improve accountability, and support more reliable financial reporting....
Apr 30 Estate Planning as Part of Your Family Business Succession Strategy
Leadership transitions are an inevitable phase in the life of a family-run company. While daily strategy and operations often command attention, integrating estate planning into your long-term approach is essential to ensure continuity, preserve value, and minimize disruption when ownership changes occur. Early decisions about...
Apr 22 It’s a Wrap! Tax Season Ends Strong at KRS CPAs
Tax season wrapped up on a strong and encouraging note at KRS CPAs. Our interns were a key part of this season, so we were happy they shared feedback about their experience....
Apr 21 The Compliance and Execution Signs You’ve Outgrown Your Process
In the first article, we focused on the obvious pain: tax season stress, playing catch-up, and reports you don’t trust. In the second, we covered the root causes: mixed spending, messy categories, and using the bank balance as a proxy for performance. Now, let’s talk...
Apr 16 Scam Alert — How to Spot Phishing, Smishing and Spoofing
In the second half of 2024, email-based phishing attacks climbed by more than 200%, driven largely by link‑based campaigns that frequently exploited unpatched vulnerabilities. Security reports indicated roughly four phishing attempts per user each week during peak periods, and about 80% of detected links were...