Insights Gallery

Corporate Transparency Act/Beneficial Ownership Information Reporting

Corporate Transparency Act/Beneficial Ownership Information Reporting

“Explore how the Corporate Transparency Act reshapes the landscape of beneficial ownership reporting. Uncover the implications and obligations ...
Tax, Retirement, and Social Security changes for 2024

Tax, Retirement, and Social Security changes for 2024

Are you prepared for the tax, retirement, and Social Security changes coming in 2024? Stay ahead with our expert insights and start planning ...
November 2023 Newsletter

November 2023 Newsletter

The KL team enjoyed a fun night out in appreciation of our staff’s efforts in 2023. Thank you to all of our clients for allowing us to serve you!
Two Estate Planning Strategies to Help Protect Wealth

Two Estate Planning Strategies to Help Protect Wealth

A goal of estate planning is to maximize the wealth that is passed on to one's heirs. In this video, we'll discuss how a Spousal Lifetime Access ...
October 2023 Newsletter

October 2023 Newsletter

KL is very pleased to announce that CityBusiness has once again recognized our firm as a “2023 Best Places to Work” – thanks to our fantastic team!!
IRS declares a moratorium on processing new employee retention credit claims

IRS declares a moratorium on processing new employee retention credit claims

IRS declares immediate moratorium on processing new claims for Employee Retention Credit due to concerns of scams and improper claims, urging ...
Inheriting an IRA, but not from your spouse? Here’s what you need to know.

Inheriting an IRA, but not from your spouse? Here’s what you need to know.

While inheriting an IRA can be a boon, it's crucial to understand the rules governing it to avoid unnecessary taxes or penalties. 
Strategic giving: comparing private foundations and donor-advised funds

Strategic giving: comparing private foundations and donor-advised funds

Discover the benefits of private foundations for managing charitable giving and how they differ from donor-advised funds. Gain greater control ...
September 2023 Newsletter

September 2023 Newsletter

With the September 15th deadline behind us, we would like to share a reminder that individual, gift taxes and C Corporation tax returns that ...
Why the Cost of Customer Acquisition Is So Important

Why the Cost of Customer Acquisition Is So Important

For any business, understanding and effectively managing the cost of customer acquisition is crucial for success. In this video, we'll explain ...
IRS announces transition relief for RMDs following the SECURE 2.0 Act

IRS announces transition relief for RMDs following the SECURE 2.0 Act

Discover how the IRS is providing much-needed relief for Required Minimum Distributions (RMDs) in light of the SECURE 2.0 Act. Learn about the ...
Determining Reasonable Compensation for S-Corp Owners

Determining Reasonable Compensation for S-Corp Owners

As an owner of an S-Corp, understanding the concept of reasonable compensation is crucial for tax planning and compliance. Learn about the IRS's ...
Tax traps to beware of with life insurance planning

Tax traps to beware of with life insurance planning

In this episode of the PFP Section podcast, David Kushner, CPA, interviews expert Lee Slavutin, MD, CLU to uncover the three situations in which ...
August 2023 Newsletter

August 2023 Newsletter

We are pleased to announce that KL has recently received the following recognition - thank you to our clients & team!!
Hiring Your Child Can Help You Save Big in Taxes

Hiring Your Child Can Help You Save Big in Taxes

Hiring your child for your business can lead to significant tax savings by shifting income, reducing taxes, and reducing FICA and FUTA ...