🎆✨ Happy New Year from KBST&M! 🎆✨ As we ring in 2024, we’re excited for new opportunities and grateful for the trust you’ve placed in us. Here’s to a fresh start and a year full of success and happiness! Just… Read More
Blog
-
Understanding the Work Opportunity Tax Credit
According to the U.S. Bureau of Labor Statistics, the unemployment rate continues to be historically low, ranging from 4.0% to 4.3% from May to November of 2024. With today’s hiring challenges, business owners should be aware that the Work Opportunity… Read More
-
Winter – Happy Holidays
🎄 Happy Holidays from all of us at KBST&M! 🎅✨We hope this season brings joy, peace, and time to spend with loved ones. Thank you for your continued trust and partnership this year!
-
The tax treatment of intangible assets
The tax treatment of intangible assets Intangible assets, such as patents, trademarks, copyrights and goodwill, play a crucial role in today’s businesses. The tax treatment of these assets can be complex, but businesses need to understand the issues involved. Here… Read More
-
Nonprofit start-ups: Form 1023 or 1023-EZ?
If you’re starting up a new 501(c)(3) not-for-profit organization, you likely face many decisions. One of them is which form to use when applying to the IRS for recognition of your tax-exempt status. There are two — Form 1023 and 1023-EZ,… Read More
-
Embrace the future: Sales forecasting for businesses
Embrace the future: Sales forecasting for businesses So, how are sales looking for next year? It’s not a rhetorical question. Your business should be able to look ahead and accurately estimate how its future sales are shaping up. This practice… Read More
-
Adoption tax credits: Easing the financial journey of parenthood
Adoption tax credits: Easing the financial journey of parenthood There are two tax breaks that help eligible parents offset the expenses of adopting a child. In 2025, adoptive parents may be able to claim a credit against their federal tax… Read More
-
Businesses need to stay on top of their BYOD policies
Businesses need to stay on top of their BYOD policies In one way or another, most small to midsize businesses have addressed employees using personal devices for work. In 2022, online career platform Zippia reported that 83% of companies… Read More
-
Your guide to Medicare premiums and taxes
Medicare health insurance premiums can add up to big bucks — especially if you’re upper-income, married, and you and your spouse both pay premiums. Read on to understand how taxes fit in. Premiums for Part B coverage Medicare Part B… Read More
-
Drive down your business taxes with local transportation cost deductions
Drive down your business taxes with local transportation cost deductions Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely incur various local transportation expenses each year, and they… Read More