by Kernutt Stokes | Feb 7, 2022 | KS Blog
/ Avoiding Income on the Sale of Stock If it is true that, “for everything there is a season, and a time for every matter under heaven,” then the enactment of the Tax Cuts and Jobs Act (“TCJA”) brought about a season in which taxpayers should take the time to consider...
by Kernutt Stokes | Dec 13, 2021 | KS Blog
/ Year-End Tax Planning By John Mlynczyk, Partner, and Kevin Bell, Partner Year-end tax planning is more challenging than usual this year due to the uncertainty surrounding pending tax legislation that could, among other things, increase top rates for ordinary income,...
by Amy Delaney | Dec 9, 2021 | KS Blog
/ Three Types of Holiday Celebrations with Employees By Amy Delaney, Director of Marketing and Business Development With many employers still having employees work from home due to COVID concerns, company holiday celebrations may look different than pre-pandemic...
by Kernutt Stokes | Dec 6, 2021 | KS Blog
/ Posts / KS Blog Moving Assets From an S Corporation to a Partnership From an income tax perspective, business owners often view S corporations and partnerships as fungible forms of doing business. Although both entities generally avoid an entity-level tax by...
by Kaitlyn Coburn | Nov 30, 2021 | KS Blog
/ FASB Modifies Risk-Free Discount Rate Practical Expedient for Lessees That Are Not Public Business Entities By Kaitlyn Coburn, Manager Summary: The FASB issued ASU 2021-091[1] (“Update”) to amend the level at which private company lessees can elect the risk-free...
by Trever Campbell | Nov 17, 2021 | KS Blog
/ Three Best Practices to Prevent Business Email Compromise By Trever Campbell, Senior Manager In my last blog article, I shared with you “Three Things to Look for In Fraudulent Emails” related to business email compromise (BEC). This time we are going to continue...
