Since 1945, Kernutt Stokes has been turning information into opportunity for our clients.
Discover Our Difference
People
We recognize that our people make us great.
Integrity
We value our reputation; we do the right thing.
Excellence
We strive to deliver what we promise.
Industries We Serve
At Kernutt Stokes, we’re committed to helping our clients become more profitable and more competitive. We accomplish this by offering not just a broad range of accounting and business consulting capabilities and services, but also a deep working knowledge of a number of key industries.
Our Team
Recent Articles & Resources
President Biden Signs Bipartisan Infrastructure Bill
Third Time’s the Charm?
House Releases Rewrite of Build Back Better Tax Proposals
White House Announces Reworked Infrastructure Framework
Details of Proposed Corporate Minimum Tax and Billionaires Tax Released
President Biden Signs Bipartisan Infrastructure Bill
President Biden signed the “Infrastructure Investment and Jobs Act” on Monday, November 15, 2021, after the U.S. House of Representatives passed H.R. 3684 on Friday, November 5, 2021, in a 228 to 206 bipartisan vote. The Senate had approved the same version of the bill on August 10, 2021.
Third Time’s the Charm?
A third version of H.R. 5376 (the Build Back Better Act) was released on November 3, 2021 by the House Budget Committee. This draft increases the state and local tax deduction, brings back many of the retirement proposals from the original September 13 draft of the Build Back Better Act, and retains the surcharge on high-income individuals, estates and trusts from the October 28 version.
House Releases Rewrite of Build Back Better Tax Proposals
A version of H.R. 5376 (the Build Back Better Act), released on October 28, 2021 by the House Budget Committee, eliminates many of the previously proposed tax increases that would have impacted individuals.