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  • Our Services
  • Our People
  • Our Story
    • The KSDT Difference
    • What Drives Us?
    • Peer Review
    • Diversity and Inclusion
    • WIN with KSDT
    • Leadership Team
    • Resources and Insights
    • Integra International
    • Partnerships and Sponsorships
  • Contact Us
  • Join Us
    • Job Seekers
      • Current Students
      • Recent Grads
      • Experienced Professionals
      • Current Openings
    • Growth & Development
      • KSDT University
      • KSDT 365
      • KSDT Grid to Growth
      • KSDT Leadership Institure
    • CPAs
      • CPA Exam Prep
      • CPE Provider
    • Firm Life
      • Women of KSDT
      • Busy Season
      • KSDT Experience
      • Firm Pics
      • #KSDTGoingPlaces

Insights

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Business
insights
  • insights
    taxes
    January 3, 2023
    2023 Q1 tax calendar: Key deadlines for busin...
    Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2023. Keep...
    READ MORE
  • insights
    taxes
    January 3, 2023
    The standard business mileage rate is going u...
    Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage...
    READ MORE
  • Estate Planning
    insights
    January 3, 2023
    Don’t overlook foreign assets when planning y...
    You’d be surprised how often people fail to disclose foreign assets to their estate planning advisors. They assume that these...
    READ MORE
  • insights
    taxes
    December 5, 2022
    Choosing a business entity? Here are the pros...
    If you’re launching a new business venture, you’re probably wondering which form of business is most suitable. Here is a...
    READ MORE
  • Estate Planning
    insights
    December 5, 2022
    Don’t overlook foreign assets when planning y...
    You’d be surprised how often people fail to disclose foreign assets to their estate planning advisors. They assume that these...
    READ MORE
  • audit
    insights
    November 1, 2022
    New accounting rules for supplier finance pro...
    Does your company use supplier finance programs to buy goods or services? If so, and if you must adhere to...
    READ MORE
  • Estate Planning
    insights
    November 1, 2022
    Should you file a joint tax return for the ye...
    The death of a spouse is a devastating, traumatic experience. And when it happens, dealing with taxes and other financial...
    READ MORE
  • insights
    Retirement
    taxes
    November 1, 2022
    Inflation means you and your employees can sa...
    How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice...
    READ MORE
  • insights
    Payroll
    taxes
    November 1, 2022
    Employers: In 2023, the Social Security wage ...
    The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $160,200 for...
    READ MORE
  • insights
    taxes
    October 2, 2022
    2022 Q4 tax calendar: Key deadlines for busin...
    Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2022. Keep...
    READ MORE
  • Estate Planning
    insights
    October 2, 2022
    What does “probate” mean?
    The term “probate” is one you’ve probably heard and might associate with negative connotations. But you may not fully understand...
    READ MORE
  • audit
    insights
    October 2, 2022
    FASB proposes last-minute changes to lease ac...
    Accounting Standards Codification Topic 842, Leases, requires organizations to report the full magnitude of their long-term lease obligations on their...
    READ MORE
  • insights
    taxes
    September 7, 2022
    Inflation Reduction Act provisions of interes...
    The Inflation Reduction Act (IRA), signed into law by President Biden on August 16, contains many provisions related to climate,...
    READ MORE
  • insights
    taxes
    September 7, 2022
    Year-end tax planning ideas for your small bu...
    Now that Labor Day has passed, it’s a good time to think about making moves that may help lower your...
    READ MORE
  • insights
    taxes
    August 11, 2022
    Is your business required to report employee ...
    As you’re aware, certain employers are required to report information related to their employees’ health coverage. Does your business have...
    READ MORE
  • insights
    taxes
    August 3, 2022
    Three tax breaks for small businesses
    Sometimes, bigger isn’t better: Your small- or medium-sized business may be eligible for some tax breaks that aren’t available to...
    READ MORE
  • Estate Planning
    insights
    August 3, 2022
    Making annual exclusion gifts can be a decept...
    In 2022, for most people, it may seem like planning for gift and estate taxes is unnecessary because of the...
    READ MORE
  • audit
    insights
    August 3, 2022
    Evaluating “going concern” concerns
    Under U.S. Generally Accepted Accounting Principles (GAAP), financial statements are normally prepared based on the assumption that the company will...
    READ MORE
  • Business
    insights
    July 21, 2022
    How do taxes factor into an M&A transaction?
    Although merger and acquisition activity has been down in 2022, according to various reports, there are still companies being bought...
    READ MORE
  • Estate Planning
    insights
    July 21, 2022
    Estates now have an additional three years to...
    Portability allows a surviving spouse to apply a deceased spouse’s unused federal gift and estate tax exemption amount toward his...
    READ MORE
  • Assurance
    insights
    July 21, 2022
    Last call for lease accounting
    The updated lease accounting standard is currently in effect for private companies. After several postponements during the pandemic, the Financial...
    READ MORE
  • insights
    taxes
    July 1, 2022
    Businesses will soon be able to deduct more u...
    Business owners are aware that the price of gas is historically high, which has made their vehicle costs soar. The...
    READ MORE
  • Estate Planning
    insights
    July 1, 2022
    4 estate planning documents your college-aged...
    Does your college-aged child have a basic estate plan? In more cases than not, the answer is “no.” The good...
    READ MORE
  • Assurance
    insights
    July 1, 2022
    Private business owners: Don’t wait until yea...
    How often does your company generate a full set of financial statements? It’s common for smaller businesses to issue only...
    READ MORE
  • insights
    taxes
    June 2, 2022
    Calculating corporate estimated tax
    The next quarterly estimated tax payment deadline is June 15 for individuals and businesses so it’s a good time to review...
    READ MORE
  • Assurance
    insights
    June 2, 2022
    How inflation could affect your financial sta...
    Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer prices have increased 8.3%, according...
    READ MORE
  • insights
    taxes
    May 3, 2022
    Businesses may receive notices about informat...
    The IRS has begun mailing notices to businesses, financial institutions and other payers that filed certain returns with information that...
    READ MORE
  • Estate Planning
    insights
    May 3, 2022
    Are you and your spouse considering “splittin...
    Gift splitting can be a valuable estate planning tool, allowing you and your spouse to maximize the amount of wealth...
    READ MORE
  • Estate Planning
    insights
    April 11, 2022
    Careful planning required for beneficiaries t...
    Intrafamily loans allow you to provide financial assistance to loved ones — often at favorable terms — while potentially reducing...
    READ MORE
  • insights
    taxes
    April 11, 2022
    Tax issues to assess when converting from a C...
    Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S...
    READ MORE
  • audit
    insights
    April 11, 2022
    FAQs about fair value in accounting
    In recent years, accounting rule makers have issued guidance that requires certain items on the balance sheet to be reported...
    READ MORE
  • insights
    taxes
    April 5, 2022
    Fully deduct business meals this year
    The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of...
    READ MORE
  • Estate Planning
    insights
    February 14, 2022
    The donor-advised fund: A powerful vehicle fo...
    If charitable giving is important to you, consider a donor-advised fund (DAF). A DAF — typically sponsored and managed by...
    READ MORE
  • insights
    taxes
    February 14, 2022
    Take your financial statements to the next le...
    Spring is the time of year that calendar-year-end businesses issue financial statements and prepare tax returns. This year, take your...
    READ MORE
  • taxes
    January 27, 2022
    Entrepreneurs and taxes: How expenses are cla...
    While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited...
    READ MORE
  • Estate Planning
    January 27, 2022
    Does your trust need protection?
    Designing an estate plan can be a delicate balancing act. On the one hand, you want to preserve as much...
    READ MORE
  • insights
    taxes
    January 3, 2022
    Will the standard business mileage rate go up...
    After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an...
    READ MORE
  • insights
    taxes
    January 3, 2022
    KPIs: What are they, and which ones count?
    Management needs timely, accurate feedback to guide operating decisions, anticipate problems and take advantage of emerging opportunities. Unfortunately, comprehensive financial...
    READ MORE
  • Assurance
    December 20, 2021
    Rolling forecasts provide flexibility in unce...
    Forecasting how your company is likely to perform over the next year can be challenging, especially when it’s unclear where...
    READ MORE
  • taxes
    December 20, 2021
    2022 Q1 tax calendar: Key deadlines for busin...
    Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2022. Keep...
    READ MORE
  • insights
    taxes
    December 3, 2021
    Small businesses: There still may be time to ...
    Don’t let the holiday rush keep you from considering some important steps to reduce your 2021 tax liability. You still...
    READ MORE
  • Estate Planning
    insights
    December 3, 2021
    Prepare for a new year by reviewing your esta...
    Hopefully, you already have a sound estate plan in place to protect the interests of your heirs and minimize potential...
    READ MORE
  • Assurance
    insights
    December 3, 2021
    Are you ready for the upcoming audit season?
    An external audit is less stressful and less intrusive if you anticipate your auditor’s document requests. Auditors typically ask clients...
    READ MORE
  • taxes
    November 8, 2021
    Many factors are involved when choosing a bus...
    Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine...
    READ MORE
  • Estate Planning
    November 8, 2021
    Do you have a will?
    The need for a will as a key component of your estate plan may seem obvious, but you’d be surprised...
    READ MORE
  • Assurance
    November 8, 2021
    FASB offers practical expedient for private c...
    On October 25, the Financial Accounting Standards Board (FASB) issued a simpler accounting option that will enable private companies to more...
    READ MORE
  • insights
    taxes
    October 25, 2021
    Employers: The Social Security wage base is i...
    The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $147,000 for...
    READ MORE
  • Estate Planning
    October 25, 2021
    Estate planning for the young and affluent ca...
    Events of the last decade have taught us that tax law is anything but certain. So how can young, affluent...
    READ MORE
  • audit
    September 9, 2021
    Claiming a theft loss deduction if your busin...
    A business may be able to claim a federal income tax deduction for a theft loss. But does embezzlement count...
    READ MORE
  • Estate Planning
    September 9, 2021
    3 essential estate planning strategies not to...
    With most tax planning, there are certain strategies that are generally effective and shouldn’t be ignored. The same holds true...
    READ MORE
  • taxes
    September 9, 2021
    Best practices for reporting business-related...
    Many companies have resumed some level of business-related travel and entertainment (T&E) activities — or they plan to do so...
    READ MORE
  • taxes
    August 23, 2021
    Getting a divorce? Be aware of tax implicatio...
    If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is...
    READ MORE
  • insights
    taxes
    August 17, 2021
    Possible tax consequences of guaranteeing a l...
    What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as...
    READ MORE
  • taxes
    August 11, 2021
    Large cash transactions with your business mu...
    If your business receives large amounts of cash or cash equivalents, you may be required to report these transactions to...
    READ MORE
  • Estate Planning
    August 11, 2021
    A family bank professionalizes intrafamily le...
    Because of the COVID-19 pandemic and the resulting economic turndown in some areas, you may have family members in need...
    READ MORE
  • audit
    August 11, 2021
    Have you followed up on the management letter...
    Auditors typically deliver financial statements to calendar-year businesses in the spring. A useful tool that accompanies the annual report is...
    READ MORE
  • taxes
    July 27, 2021
    The deductibility of corporate expenses cover...
    Do you play a major role in a closely held corporation and sometimes spend money on corporate expenses personally? These...
    READ MORE
  • Estate Planning
    July 27, 2021
    Can a broken trust be fixed?
    An irrevocable trust has long been a key component of many estate plans. But what if it no longer serves...
    READ MORE
  • taxes
    July 21, 2021
    Getting a new business off the ground: How st...
    Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From...
    READ MORE
  • taxes
    July 13, 2021
    Who in a small business can be hit with the “...
    There’s a harsh tax penalty that you could be at risk for paying personally if you own or manage a...
    READ MORE
  • Estate Planning
    July 13, 2021
    Heading across state lines with your trust re...
    In some cases, it may be desirable to move a trust to a more favorable jurisdiction. But moving a trust...
    READ MORE
  • audit
    July 13, 2021
    Auditing WIP
    Many types of businesses — such as homebuilders and manufacturers — turn raw materials into finished products for customers. Production...
    READ MORE
  • taxes
    July 6, 2021
    10 facts about the pass-through deduction for...
    Are you eligible to take the deduction for qualified business income (QBI)? Here are 10 facts about this valuable tax...
    READ MORE
  • taxes
    June 30, 2021
    Eligible Businesses: Claim the Employee Reten...
    The Employee Retention Tax Credit (ERTC) is a valuable tax break that was extended and modified by the American Rescue...
    READ MORE
  • Assurance
    audit
    June 28, 2021
    Follow the cutoff rules for revenue and expen...
    Timing counts in financial reporting. Under the accrual method of accounting, the end of the accounting period serves as a...
    READ MORE
  • taxes
    June 24, 2021
    Traveling for business again? What can you de...
    As we continue to come out of the COVID-19 pandemic, you may be traveling again for business. Under tax law,...
    READ MORE
  • Estate Planning
    June 21, 2021
    Members of the sandwich generation find thems...
    The “sandwich generation” is a large segment of the population. These are people who find themselves caring for both their...
    READ MORE
  • Estate Planning
    June 1, 2021
    Are you holding a joint title to property wit...
    Owning assets jointly with one or more of your children or other heirs is a common estate planning “shortcut.” But...
    READ MORE
  • Assurance
    June 1, 2021
    How to strengthen your internal controls
    Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency....
    READ MORE
  • taxes
    May 24, 2021
    An S corporation could cut your self-employme...
    If your business is organized as a sole proprietorship or as a wholly owned limited liability company (LLC), you’re subject...
    READ MORE
  • Estate Planning
    May 24, 2021
    Protect your assets with a “hybrid” DAPT
    One benefit of the current federal gift and estate tax exemption amount ($11.7 million in 2021) is that it allows...
    READ MORE
  • Assurance
    audit
    May 24, 2021
    Using your financial statements to evaluate c...
    Strategic investments — such as expanding a plant, purchasing a major piece of equipment or introducing a new product line...
    READ MORE
  • Estate Planning
    May 17, 2021
    Beware of the “reciprocal trust” doctrine
    If you and your spouse have similar irrevocable trusts that benefit each other, it’s important to know that the trusts...
    READ MORE
  • Assurance
    May 17, 2021
    What’s “fair value” in an accounting context?...
    In recent years, the accounting rules for certain balance sheet items have transitioned from historical cost to “fair value.” Examples...
    READ MORE
  • taxes
    May 12, 2021
    Help ensure the IRS doesn’t reclassify indepe...
    Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers...
    READ MORE
  • Estate Planning
    May 12, 2021
    Should a tax apportionment clause be in your ...
    Even though the federal gift and estate tax exemption is currently very high ($11.7 million for 2021), there are families...
    READ MORE
  • Business
    May 12, 2021
    Receivables may be a source of cash in tough ...
    Many companies are continuing to struggle financially during the COVID-19 pandemic. If cash is tight, what can your business do...
    READ MORE
  • COVID-19
    taxes
    April 28, 2021
    Under the American Rescue Plan, employers are...
    FS-2021-09, April 2021 The American Rescue Plan Act of 2021 (ARP) allows small and midsize employers, and certain governmental employers, to...
    READ MORE
  • taxes
    April 27, 2021
    Claiming the business energy credit for using...
    Are you wondering whether alternative energy technologies can help you manage energy costs in your business? If so, there’s a...
    READ MORE
  • Business
    April 27, 2021
    Accounting for business combinations
    If your company is planning to merge with or buy another business, your attention is probably on conducting due diligence...
    READ MORE
  • insights
    April 19, 2021
    COBRA provisions play critical role in COVID-...
    During the COVID-19 pandemic, many employees and their families have lost group health plan coverage because of layoffs or reduced...
    READ MORE
  • taxes
    April 14, 2021
    Changes to premium tax credit could increase ...
    The premium tax credit (PTC) is a refundable credit that helps individuals and families pay for insurance obtained from a...
    READ MORE
  • Assurance
    April 14, 2021
    Reporting profits interest awards
    During the pandemic, cash has been tight for many small businesses, which may make it hard to attract and retain...
    READ MORE
  • insights
    April 13, 2021
    Simple retirement savings options for your sm...
    Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial...
    READ MORE
  • insights
    April 12, 2021
    Reporting profits interest awards
    During the pandemic, cash has been tight for many small businesses, which may make it hard to attract and retain...
    READ MORE
  • taxes
    April 6, 2021
    Tax advantages of hiring your child at your s...
    As a business owner, you should be aware that you can save family income and payroll taxes by putting your...
    READ MORE
  • Business
    COVID-19
    March 31, 2021
    EIDL loans, restaurant grants offer relief to...
    The American Rescue Plan Act (ARPA), signed into law in early March, aims at offering widespread financial relief to individuals...
    READ MORE
  • insights
    March 29, 2021
    4 ways to improve the effectiveness of your a...
    Audit committees face many challenges in 2021. As the economy rebounds from the COVID-19 pandemic, there are new dimensions to...
    READ MORE
  • COVID-19
    March 25, 2021
    Senate Passes PPP Deadline Extension
    Source:  Journal of Accountancy By Jeff Drew A bill to move the Paycheck Protection Program (PPP) application deadline from March 31 to...
    READ MORE
  • taxes
    March 25, 2021
    Is an S corporation the best choice of entity...
    Are you thinking about launching a business with some partners and wondering what type of entity to form? An S...
    READ MORE
  • insights
    March 24, 2021
    COBRA provisions play critical role in COVID-...
    During the COVID-19 pandemic, many employees and their families have lost group health plan coverage because of layoffs or reduced...
    READ MORE
  • insights
    March 23, 2021
    How auditors assess cyber risks
      Data security is a critical part of the audit risk assessment. If your financial statements are audited, your audit team...
    READ MORE
  • insights
    March 22, 2021
    Making sense of your statement of cash flows
    The statement of cash flows essentially tells you about cash entering and leaving a business. It’s arguably the most misunderstood...
    READ MORE
  • taxes
    March 18, 2021
    Tax Filing Due Date for Individuals Extended ...
    Source:  Journal of Accountancy The IRS announced on Wednesday that it is postponing the deadline for all individual tax returns. Returns...
    READ MORE
  • COVID-19
    taxes
    March 17, 2021
    New COVID-19 relief law extends employee rete...
    Many businesses have retained employees during the COVID-19 pandemic and enjoyed tax relief with the help of the employee retention...
    READ MORE
  • KSDT CPA, Tax
    insights
    March 16, 2021
    Launching a small business? Here are some tax...
    While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses....
    READ MORE
  • KSDT CPA, Tax
    insights
    March 15, 2021
    Business highlights in the new American Rescu...
    President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. While the new law is best...
    READ MORE
  • Uncategorized
    March 12, 2021
    American Rescue Plan Act of 2021 Signed Into ...
    Source:  Journal of Accountancy President Joe Biden on Thursday afternoon signed into law the $1.9 trillion coronavirus relief bill known as...
    READ MORE
  • insights
    March 10, 2021
    5 ways to streamline and energize your sales ...
    The U.S. economy is still a far cry from where it was before the COVID-19 pandemic hit about a year...
    READ MORE
  • insights
    March 9, 2021
    The many uses of a SWOT analysis
    Using a strengths, weaknesses, opportunities and threats (SWOT) analysis to frame an important business decision is a long-standing recommended practice....
    READ MORE
  • insights
    March 8, 2021
    How to compute your company’s breakeven point...
    Breakeven analysis can be useful when investing in new equipment, launching a new product or analyzing the effects of a...
    READ MORE
  • COVID-19
    March 5, 2021
    PPP adjusted to prioritize very small busines...
    When the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) last year, the program’s stated objective was “to...
    READ MORE
  • audit
    March 3, 2021
    Analytical procedures can help make your audi...
    The use of audit analytics can help during the planning and review stages of the audit. But analytics can have...
    READ MORE
  • insights
    March 2, 2021
    If you run a business from home, you could qu...
    During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home...
    READ MORE
  • Retirement
    March 1, 2021
    Should your business add Roth contributions t...
    If your business sponsors a 401(k) plan, you might someday consider adding designated Roth contributions. Here are some factors to...
    READ MORE
  • taxes
    March 1, 2021
    Work Opportunity Tax Credit extended through ...
    Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals...
    READ MORE
  • COVID-19
    taxes
    February 22, 2021
    If you run a business from home, you could qu...
    During the COVID-19 pandemic, many people are working from home. If you’re self-employed and run your business from your home...
    READ MORE
  • audit
    February 22, 2021
    Reporting restricted cash
    Your company’s financial statements should be transparent about any restrictions on cash. Are your reporting practices in compliance with the...
    READ MORE
  • taxes
    February 16, 2021
    What are the tax implications of buying or se...
    Merger and acquisition activity in many industries slowed during 2020 due to COVID-19. But analysts expect it to improve in...
    READ MORE
  • COVID-19
    February 16, 2021
    Should my distressed company consider a debt ...
    Many businesses have experienced severe cash flow problems during the COVID-19 pandemic. As a result, some may have delayed or...
    READ MORE
  • insights
    February 9, 2021
    Family business owners must weave together su...
    It’s been estimated that there are roughly 5 million family-owned businesses in the United States. Annually, these companies make substantial contributions...
    READ MORE
  • taxes
    February 9, 2021
    Many tax amounts affecting businesses have in...
    A number of tax-related limits that affect businesses are annually indexed for inflation, and many have increased for 2021. Some...
    READ MORE
  • Business
    February 8, 2021
    Are your supervisors adept at multigeneration...
    Over the past year, the importance of leadership at every level of a business has been emphasized. When a crisis...
    READ MORE
  • insights
    February 2, 2021
    Assessing and mitigating key person risks
    Auditing standards require a year-end risk assessment. One potential source of risk may be a small business’s reliance on the...
    READ MORE
  • insights
    February 1, 2021
    2021 Q1 tax calendar: Key deadlines for busin...
    Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2021. Keep...
    READ MORE
  • insights
    January 27, 2021
    Health Savings Accounts for your small busine...
    Small business owners are well aware of the increasing cost of employee health care benefits. As a result, your business...
    READ MORE
  • insights
    January 26, 2021
    New business? It’s a good time to start a ret...
    If you recently launched a business, you may want to set up a tax-favored retirement plan for yourself and your...
    READ MORE
  • insights
    January 25, 2021
    Accounting for property, plant and equipment ...
      Businesses and not-for-profit entities capitalize machines, furniture, buildings, and other property, plant and equipment (PPE) assets on their balance sheets....
    READ MORE
  • insights
    January 20, 2021
    How effectively does your business manage ris...
      From natural disasters and government shutdowns to cyberattacks and fraud, risks abound in today’s volatile, uncertain marketplace. While some level...
    READ MORE
  • COVID-19
    January 19, 2021
    PPP loans have reopened: Let’s review the tax...
    The Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) reopened the week of January 11. If you’re fortunate...
    READ MORE
  • taxes
    January 18, 2021
    Tax Filing Season to Start Feb. 12 in 2021
    Tax filing season to start Feb. 12, IRS announces By Alistair M. Nevius, J.D. January 15, 2021 The IRS on Friday announced that...
    READ MORE
  • insights
    January 18, 2021
    How COVID-19 could impact year-end inventory ...
    Many businesses are closed or are limiting third-party access as COVID-19 surges across the United States. These restrictions could still...
    READ MORE
  • Assurance
    January 15, 2021
    Assessing and mitigating key person risks
    Auditing standards require a year-end risk assessment. One potential source of risk may be a small business’s reliance on the...
    READ MORE
  • insights
    January 13, 2021
    Now more than ever, carefully track payroll r...
    The subject of payroll has been top-of-mind for business owners this year. The COVID-19 pandemic triggered economic changes that caused...
    READ MORE
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    January 11, 2021
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    December 16, 2020
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    December 16, 2020
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    December 16, 2020
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    December 3, 2020
    Family business owners must weave together su...
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    December 2, 2020
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  • Business
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    November 30, 2020
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    November 30, 2020
    Cutoffs: What counts in 2020 vs. 2021
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    November 23, 2020
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    November 23, 2020
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    A conflict of interest could impair your auditor’s objectivity and integrity and potentially compromise you company’s financial statements. That’s why...
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    November 23, 2020
    Best practices when forecasting cash flow
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    November 23, 2020
    Cutoffs: What counts in 2020 vs. 2021
    As year end approaches, it’s a good idea for calendar-year entities to review the guidelines for recognizing revenue and expenses....
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  • insights
    November 18, 2020
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    3 steps to “stress test” your business
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    Should you go phishing with your employees?
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  • COVID-19
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    October 28, 2020
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    October 27, 2020
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    October 26, 2020
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  • insights
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    October 19, 2020
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  • taxes
    October 14, 2020
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    October 14, 2020
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    October 12, 2020
    More time: FASB delays long-term insurance st...
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    September 21, 2020
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    September 16, 2020
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    September 15, 2020
    On-time financial reporting is key in times o...
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    September 10, 2020
    Prioritize customer service now more than eve...
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    September 8, 2020
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    August 25, 2020
    CARES Act made changes to excess business los...
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  • COVID-19
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    August 17, 2020
    The President’s action to defer payroll taxes...
      On August 8, President Trump signed four executive actions, including a Presidential Memorandum to defer the employee’s portion of Social Security...
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    August 17, 2020
    3 steps to “stress test” your business
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    5 common accounting software mistakes to avoi...
      No company can afford to operate without the right accounting software. When considering whether to buy a new product or...
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    August 10, 2020
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      There’s a bright side to today’s unprecedented market conditions: Agile people may discover opportunities to start new business ventures. Start-ups...
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    August 6, 2020
    Thoughtful onboarding is more important than ...
      Although many businesses have had to reduce their workforces because of the COVID-19 pandemic, others are hiring or may start...
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    August 3, 2020
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      If you’re a partner in a business, you may have come across a situation that gave you pause. In a...
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    Reopening concepts: What business owners shou...
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    July 27, 2020
    Drive success with dashboard reports
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    June 29, 2020
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    June 25, 2020
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    June 22, 2020
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    June 22, 2020
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    June 17, 2020
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    June 15, 2020
    Good records are the key to tax deductions an...
      If you operate a small business, or you’re starting a new one, you probably know you need to keep records...
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    June 15, 2020
    PPP Flexibility Act eases rules for borrowers...
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    June 15, 2020
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    June 14, 2020
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    June 10, 2020
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    June 9, 2020
    60% threshold for PPP clarified
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    June 8, 2020
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    June 8, 2020
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    June 2, 2020
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    June 1, 2020
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    Revenue recognition and leases: FASB gives ce...
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    May 27, 2020
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    May 26, 2020
    IRS releases 2021 amounts for Health Savings ...
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    May 20, 2020
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    May 20, 2020
    Adjust your expectations of business interrup...
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    May 20, 2020
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  • COVID-19
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    May 20, 2020
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    May 12, 2020
    Can you business survive these trying times? ...
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  • COVID-19
    May 12, 2020
    Business charitable contribution rules have c...
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    May 12, 2020
    Subchapter V: A silver lining for small busin...
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  • COVID-19
    May 12, 2020
    COVID-19: A reminder of why cross-training yo...
      Imagine this scenario: A company’s controller is hospitalized for the novel coronavirus (COVID-19), and she’s the only person inside the...
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  • COVID-19
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    May 12, 2020
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      Financial statements aren’t particularly meaningful without a relevant basis of comparison. There are two types of “benchmarks” that a company’s...
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  • Business
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    May 9, 2020
    USMCA: New Trade Agreement Will Modernize NAF...
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  • insights
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    April 27, 2020
    CARES Act Provides 4 Possible Reasons to File...
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  • Uncategorized
    April 23, 2020
    FAQs issued for second round of PPP Funding
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  • insights
    April 21, 2020
    New COVID-19 law makes favorable changes to “...
    The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules for many...
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  • insights
    April 20, 2020
    Tax-favored coronavirus-related distributions
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  • insights
    April 20, 2020
    What are the key distinctions between layoffs...
      As businesses across the country grapple with the economic fallout from the novel coronavirus (COVID-19) pandemic, many must decide whether...
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  • insights
    April 20, 2020
    Questions to ask when making COVID-19 risk di...
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  • insights
    April 20, 2020
    Adjusting your financial statements for COVID...
    The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law on March 27, 2020, contains several tax-related provisions for...
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  • insights
    April 15, 2020
    SBA Issues New PPP Guidance for the Self-empl...
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  • insights
    April 14, 2020
    Deferral of Employment Tax Deposits and Payme...
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  • insights
    April 13, 2020
    COVID-19 Relief for Employers: New Employee R...
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  • insights
    April 13, 2020
    Real Estate Qualified Improvement Property (Q...
    At long last, Congress passed legislation to correct a drafting error related to real estate qualified improvement property (QIP). The correction...
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  • insights
    April 10, 2020
    COVID-19: CARES Act relaxes the limit on Bus...
    The Coronavirus Aid, Relief, and Economic Security (CARES) Act provides roughly $2 trillion of much-needed financial relief, including tax relief,...
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  • insights
    April 7, 2020
    Answers to questions about the CARES Act empl...
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  • insights
    April 7, 2020
    CARES Act provides option to delay CECL repor...
      The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27. Among other economic relief measures,...
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  • insights
    April 1, 2020
    SBA offering loans to small businesses hit ha...
      Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses...
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  • insights
    April 1, 2020
    Using your financial statements during an eco...
      The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions....
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  • insights
    April 1, 2020
    The new COVID-19 law provides bus...
      On March 27, President Trump signed into law another coronavirus (COVID-19) law, which provides extensive relief for businesses and employers....
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  • insights
    March 30, 2020
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    The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27, 2020. In addition to giving...
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  • insights
    March 26, 2020
    How to Manage COVID-19 Related Risk
    The coronavirus (COVID-19) outbreak has had a crippling effect on the global economy. This is clearly uncharted territory. As millions around the...
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  • insights
    March 26, 2020
    Federal Tax Relief to Alleviate COVID-19 Hard...
    The coronavirus (COVID-19) pandemic has already had widespread effects on the U.S. economy. Demand for many goods and services has stalled....
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  • insights
    March 24, 2020
    SBA Disaster Assistance in Response to the Co...
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  • insights
    March 24, 2020
    Families First Coronavirus Response Act: Empl...
    From Department of Labor Website The Families First Coronavirus Response Act (FFCRA or Act) requires certain employers to provide employees with expanded family...
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  • insights
    March 23, 2020
    Governor Ron DeSantis Activates Emergency Bri...
    On March 16, 2020, in News Releases, by Staff Tallahassee, Fla. – Today, Governor Ron DeSantis activated the Florida Small Business Emergency Bridge...
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  • insights
    March 23, 2020
    Beware: Coronavirus may affect financial repo...
      The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted global health concerns. But you also...
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  • insights
    March 23, 2020
    Coronavirus (COVID-19): Tax relief for small ...
      Businesses across the country are being affected by the coronavirus (COVID-19). Fortunately, Congress recently passed a law that provides at...
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  • audit
    insights
    March 10, 2020
    Lease or buy? Changes to accounting rules may...
    The rules for reporting leasing transactions are changing. Though these changes have been delayed until 2021 for private companies (and...
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  • insights
    March 10, 2020
    Tax Tuesday with KSDT- 4 steps to a stronger ...
    Roughly half of CFOs believe an economic recession will hit by the end of 2020, and about three-quarters expect a...
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Press Room

  • KSDT Makes IPA Top 300 Firms August 2, 2022
  • Top Accounting Firms in South Florida by Number of CPAs July 16, 2022
  • Top Accounting Firms in South Florida by Billings July 16, 2022

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