Reminder!!
Please forward all information for the preparation of your 2025 income tax return(s). We have already provided the 2025 Tax Organizers to assist you with this. The tax deadline is April 15, 2026 this year. While we can file for an extension of time for filing the tax return until October 15, 2026, all taxes must be paid by the April 15th deadline. Therefore, we will need as much information as possible before this time to make a good faith effort in determining your tax liability (if any). In addition, if you are required to make estimated tax payments, your first tax payment for 2026 will be due on April 15, 2026.
Join Our Team!
We are always interested in meeting highly qualified and motivated individuals to join our team. We offer a very competitive compensation and benefits package and a good work life balance environment.
If you're interested in exploring employment opportunities with our firm, please email your CV/resume to recruiting@kl.cpa
Featured Insights
Spring cleaning your finances: eliminating subscription and asset drift
Financial clutter, from forgotten subscriptions to dormant accounts, can quietly drain your cash flow and complicate your financial picture. A periodic review of your recurring charges, overlooked assets, and automated systems can uncover savings and restore clarity. Learn simple steps to ensure your money and financial systems are working as efficiently as possible.
Your HSA isn’t a debit card: building a tax efficient healthcare reserve
Most people use their HSA like a medical debit card, but the account is capable of much more. With a rare triple tax advantage and flexible reimbursement rules, the HSA can serve as a powerful long-term healthcare reserve. Read on to learn how to make the most of it.
Understanding the IRS’s new deduction for qualified overtime compensation
The IRS has introduced a new federal income tax deduction for qualified overtime compensation, effective for tax years 2025 through 2028. Eligible workers can deduct up to $12,500 (or $25,000 on joint returns) of the overtime premium they earn above their regular rate of pay. This deduction reduces is available to FLSA-covered employees who meet specific eligibility requirements, including valid Social Security numbers and certain filing status conditions.