Jul 21 How Major Life Events Can Affect Your Taxes
Major life events often bring tax changes with them. Marriage, a new child, divorce or the loss of a loved one may affect your filing status, withholding, and available tax benefits....
Jun 19 NYC Pied-à-Terre Tax: What Property Owners Should Know
New York’s 2026-2027 budget created an annual surcharge on certain high-value New York City residences that are not used as primary homes. The tax applies beginning with the fiscal year that starts July 1, 2026....
Jun 15 Trust IRS-Verified Tax Updates Online
Social media can be a helpful way to keep up with tax news. It is quick, easy, and often where people first see updates. But tax advice online is not always accurate....
May 26 Celebrating KRS’ Recent Graduates
We are proud to recognize and celebrate the recent graduates within our Tax & Accounting team....
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....
Mar 24 Unclaimed 2022 Tax Refunds Face April 15 Deadline
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...
Mar 05 Common Tax Return Mistakes to Avoid
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....
Feb 19 Digital Assets and Your 2025 Tax Return: What to Know
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....
Feb 19 Can’t Pay Your Tax Bill? IRS Options That May Help
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...
Jan 22 Your Rights as a Taxpayer: What the IRS Owes You
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...