KBS

802.524.9531 / 800.499.9531

Navigating the New Qualified Business Income Deduction and How it Will Affect Architectural and Engineering Firms

The tax reform legislation that Congress signed into law on December 22, 2017 was the largest change to the tax system in over 3 decades. The new tax code contains many provisions that will affect individual, estate, and corporate taxpayers. One of those changes includes the Qualified Business Income Deduction, a new tax benefit allowing […]

Read more ›

7 Attributes that Affect Saleability and Value of Contracting Firms

From contemplating the sale of your business to establishing a value for gift and estate taxes, understanding the value of your business is important. This article will review 7 factors that affect the saleability and value of a contracting firm. Management Quality, Depth and Duration Performance is directly tied to the quality, depth and duration […]

Read more ›

Navigating the New Qualified Business Income Deduction

The tax reform legislation that Congress signed into law on December 22, 2017, was the largest change to the tax system in over 3 decades. The new tax code contains many provisions that will affect individual, estate, and corporate taxpayers. One of those changes includes the Qualified Business Income Deduction, a new tax benefit allowing […]

Read more ›

Changes to Fringe Benefits, Entertainment Expenses

The tax reform legislation that Congress signed into law on December 22, 2017, was the largest change to the tax system in over 3 decades. The new tax code contains many provisions that will affect individual, estate, and corporate taxpayers. One of those changes, the elimination of a business-related deduction used for entertainment, amusement or […]

Read more ›

5 Common Mistakes Your Tax Return May Reveal

What does your tax return say about your financial situation? The paperwork you file each year offers excellent information about how you are managing your money—and the areas where it might be wise to make changes in your financial habits. By taking the proper steps, your tax return will be transformed from a passive bag […]

Read more ›