If you’ve worked in billing for a CPA or professional services firm, you know what keeps operations running smoothly: Staying on top of expenses and billable work. Generating invoices and collecting payments on a timely basis. A month-end close that doesn’t turn into a fire...
If you had digital assets in 2025, such as cryptocurrency, NFTs, or stablecoins, it’s time to check your mailbox and inbox. Tax documents are rolling in, and this year, there’s a new form in the mix....
Discovering that you owe money to the IRS can be overwhelming—especially when paying the balance in full isn’t financially realistic. The good news is that the IRS offers multiple programs designed to help taxpayers manage or reduce their tax debt. Both individuals and businesses may...
The real estate and construction industry has weathered years of disruption, from supply chain chaos and natural disasters to labor shortages and interest rate volatility. As companies look ahead, 2026 is shaping up to be another year of change and challenge....
In today’s workplace, efficiency alone is no longer enough. Organizations must also remain adaptable in the face of economic shifts, evolving industries, and changing employee expectations. At the center of high-performing, aligned teams is effective leadership, particularly empathetic leadership....
Buying a home and selling it years later at a higher price can be financially rewarding, but the tax impact of that gain depends largely on timing and how the property was used....
The Department of the Treasury and the IRS have issued proposed regulations tied to a provision of the One, Big, Beautiful Bill (OBBB) that could benefit taxpayers planning to purchase a new vehicle in 2025. These draft rules outline how the new car loan interest...
When most people think about taxes, they focus on deadlines, forms, and payments, not protections. However, the IRS Taxpayer Bill of Rights establishes clear standards for how taxpayers must be treated at every stage of the tax process, from filing and audits to appeals and...
If you paid any independent contractors $600 or more during 2025, you're likely required to issue them a 1099-NEC....
We’re pleased to welcome Judith Greenberg, CPA, MST, and Stuart Greenberg, CPA, MST, of Greenberg & Company LLC to the KRS team. After collaborating with Judy and Stuart for more than three years, it was clear our firms share the same values and approach to...
