Dispelling 10 Federal Tax Myths and Misconceptions
Here’s a look at 10 tax myths that, if left unchecked, may limit tax breaks and potentially trigger IRS scrutiny.
KWC specializes in providing tax, audit, accounting, business consulting services and client advisory services (including outsourced accounting, virtual CFO services, internal control analysis, accounting systems analysis and design) for businesses, individuals, estates, trusts, non-profit organizations, and employee benefit plans. Our diverse client base served includes industries such as professional service firms, government contractors, non-profits, real estate, construction and specialty contractors, and healthcare providers. KWC is the CPA firm clients trust in Alexandria, Arlington, Fairfax, Tysons Corner, Springfield, Arlington, the Richmond Metropolitan Area, Northern Virginia, Washington, D.C. and Maryland.
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Firm News & Updates
Dispelling 10 Federal Tax Myths and Misconceptions
In the complex world of federal taxes, myths and misconceptions can lead to costly mistakes and missed opportunities — especially for business owners and high-net-worth individuals. Here's a look at 10 tax myths that, if left unchecked, may limit tax breaks and...
Treasury Ends the Enforcement of Beneficial Ownership Information Reporting for Certain U.S. Citizens and Domestic Companies
The Treasury Department announced on March 2, 2025, that it won’t enforce penalties or fines relating to Beneficial Ownership Information (“BOI”) reporting under existing regulatory requirements. For US citizens or domestic reporting companies or their beneficial...
KWC Principals Named Top Financial Advisers
KWC is pleased to announce that Howard Kramer and Irene Walsh have been named as 2025 Top Financial Advisers (Tax Accountant category) in Washington, DC by Washingtonian Magazine. Howard Kramer is a Principal at KWC. Howard has more than 20 years of experience...