Last time, we covered the obvious warning signs: tax season was disorganized, you were always playing catch-up, and you could not trust your reports. Now let’s talk about behind-the-scenes problems. These are the issues that make bookkeeping harder than it needs to be, even when...
The IRS has updated its Tax Withholding Estimator to reflect recent tax law changes under the One, Big, Beautiful Bill. For taxpayers who want a better sense of what they may owe next year, this update gives them a more current way to review withholding...
Each year, parents can claim a child tax credit for each of their children who is under 17. This is a valuable credit, worth up to $2,200 for each child 16 years old or younger for the 2025 tax year. If you have a 15-year-old...
The clock is ticking for taxpayers who may still be owed money for tax year 2022. The IRS says more than 1.3 million people nationwide have unclaimed refunds and must file their 2022 federal tax return by April 15 to receive them. An estimated $1.2...
April is here, and tax season is very much top of mind. If getting your books ready felt like a scavenger hunt, your bookkeeping process is likely costing you time and money. Organized books don’t just help your CPA, they help you run your business...
2026 is set to be a pivotal year for fintech. After years of uncertainty, the industry is showing signs of clarity and confidence from regulators, consumers, and business partners. Regulatory frameworks have strengthened, markets have stabilized, and bold ideas are moving from pilot programs into...
The year 2026 will be a defining moment for manufacturers. Economic volatility and shifting policies are forcing companies to retool how they plan, operate, and compete. Artificial intelligence (AI) and automation are emerging as critical tools for achieving both operational agility and resilience in this...
When it comes to tax matters, understanding how the Internal Revenue Service (IRS) initiates communication is your first line of defense against fraud. In nearly all cases, the IRS starts contact through an official letter delivered by U.S. mail—not by email, text message, or social...
Mistakes happen. The good news is most tax return errors are easy to avoid with a quick review before you file. Even if a preparer completes your return, you’re still the one responsible for what’s reported....
As seen in the Wall Street Journal! KRS CPAs has been named a 2026 Best and Brightest Company to Work For® in the Nation, as recognized by the Best and Brightest program and shared by the Wall Street Journal....
