by KWC CPAs | Jul 18, 2024 | Accounting
Prices in many residential real estate markets have surged over the last few years. As a result, you may be sitting on a significant unrealized gain, especially if you’ve owned your principal residence for a while. That’s good news if you’re ready to...
by KWC CPAs | Jun 25, 2024 | Accounting
No one likes to contemplate his or her own mortality, but ignoring the need for an estate plan or procrastinating in the creation of one is asking for trouble. If you haven’t started the process, don’t delay any longer. However, for your estate plan to...
by KWC CPAs | Jun 5, 2024 | Accounting
We are pleased to announce the promotion of Kristen Baietti to Principal with the firm. “I am pleased to introduce Kristen as a principal with the firm,” said Connie Hammell, Managing Principal of KWC. “She has developed close relationships with her clients over the...
by KWC CPAs | Jun 3, 2024 | Accounting
In April 2024, the U.S. Department of Labor (DOL) issued a new final rule that’s slated to expand the number of workers who are eligible for overtime pay under the federal Fair Labor Standards Act (FLSA). It’s expected to affect four million workers. The...
by KWC CPAs | May 20, 2024 | Accounting
The rules for deducting depreciation expenses on vehicles used for business purposes have been liberalized under current tax law, but they remain complicated. In addition, annual inflation adjustments make allowable depreciation deductions moving targets. (See...
