Archive for the ‘Tax – Individual/Family’ Category

Summary: American Rescue Plan Act of 2021

Congress passes $1.9 trillion bill, sent to and signed by President Biden

Read More

Extended Consolidated Appropriations Act Benefits for Individual Taxpayers

The Consolidated Appropriations Act, 2021 (CAA, 2021) was signed into law on December 27, 2020, extending federal income tax breaks that were revised to accommodate the economic impact of the Coronavirus pandemic.

Read More

IRS News: CP59 Notices

Earlier this month, the IRS issued notices to about 260,000 taxpayers, stating they haven’t filed their 2019 federal tax return. The IRS refers to these notices as CP59 notices. They are issued yearly to taxpayers who haven’t filed their tax returns from the prior calendar year (Tax Year 2019).

Read More

Private Foundations May Be the Right Choice for Your Family

Private foundations are an undervalued tool for both income and estate planning.  They are often bashed in the press for being cumbersome and expensive to operate but we disagree with this opinion.

Read More

Congress May Deliver More Money to Paycheck Protection Program (PPP)

Congress is anticipated to send $250 billion more to small businesses by the end of the week.

Read More

If You Employ Your Wife, You Could Increase Your Retirement Savings

Besides being our marital partners, our spouses are often our strategic business partners.  They act as our sounding board, entertain clients, attend business social functions, fill in at the office when short-handed or perform civic and charitable work we volunteer for but do not have the time to do.

Read More

Categories

Newsletter signup

Receive our informative Newsletters with valuable tax, financial and business operations information.

Archives

News

Read the latest news
from KRD and find out more.

KRD, Ltd. Wins ClearlyRated’s 2024 Best of Accounting Award for Service Excellence
Key Considerations for Non-Profit 403(B) Plans in the Secure Act 2.0 Era
Federal Court Rules Law Mandating Reporting of ‘Beneficial Owner Information’ Unconstitutional

Request a callback

Would you like to speak to one of our financial advisors over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you prefer.

    I would like to discuss: