Many of the provisions in 2017's Tax Cuts and Jobs Act will expire at the end of 2025 unless Congress acts to extend them. Taxpayers need to be aware of how they will be affected so they can be prepared, especially when it comes to...
When it comes to estate planning, one of the most important factors to keep in mind is that trusts are formed in accordance to state, not federal, law. That’s why it is so important for people who want to establish a trust to consult with a...
KRS will be heading to the Javits Center, New York on May 30th & 31st, showcasing our accounting and tax advisory services at White Label World Expo - the leading event for the latest white & private label products! Stop by our booth (#227) and we’ll talk all...
It gets more complicated when trying to figure out which forms should be filed quarterly and at tax time each year. Because you don’t need to be a tax accounting specialist, we highly recommend working with an expert to navigate this experience so you and...
We are proud to announce that once again we will be exhibiting at the premiere annual event of the legal community — NJSBA’s 2024 Annual Meeting and Convention. On May 15 and 16 we will be located at Booth #306 at The Borgata Hotel, Casino &...
If you know in advance what common errors employers make with W-2s, maybe you can avoid those mistakes next year....
Establishing a trust is often a wise strategic decision, but at the same time, grantors should fully understand that income received via a trust is considered taxable income by the IRS....
Here are federal payroll tax rates & benefits contribution limits for 2024. Check with the necessary agencies for state/local rates....
Business owners should always operate from a position of strength. That’s why having at least a baseline business valuation is important....
As an American taxpayer, you’re entitled to a fair and impartial administrative appeal of most IRS decisions. This includes many IRS-related penalties. Essentially, it is within your rights to expect and receive a written response regarding the decision from the IRS Independent Office of Appeals....
