Taxes

• Tax Planning
  Don’t ignore tax planning as work slows and retirement gets closer. There could be a new set of tax challenges around the corner.
• Charitable Giving
  Feeling generous this year? There are a few rules to consider when you make charitable contributions and gifts to loved ones.
• Estate Taxes
• Tax Services
  We have the services you need along with a team experienced in working with multiple generations of owners. In addition to traditional audit, accounting and tax services, we can help with...
• Roth IRA
  If the value of your portfolio is down, you may want to turn the stock market downturn into a tax-saving opportunity. How? By converting a traditional IRA into a Roth IRA.
• Real Estate Taxes
• Tax Deductions
  With gas prices climbing, now’s a great time to closely track your business travel expenses for a potential tax deduction. The QuickBooks Online mobile app can help.
• Income Tax
  For every million dollars of property you reclassify for faster depreciation, the present value of your increased cash flow from income tax savings approximates $175,000. To help you determine if cost segregation could be beneficial for your business, we’ll provide a no-cost, no-obligation consultation, including an estimate of tax savings and fees.
• Tax Deferral
  A change to Section 2302 of the CARES Act removes the exception for business owners who wish to use the tax deferral of the employer’s portion of Social Security taxes.
• Tax Return Preparation

Investment

• Investment Management
  Kraft Asset Management operates under the fiduciary standard to provide a broad range of wealth advisory services for individuals, families, and businesses. Services include financial planning, estate planning, investment management, and retirement plan design and support. KAM also works closely with families and family offices to provide support and ongoing planning services.
• Mutual Funds
  The tax rules involved in selling mutual fund shares can be complex. One difficulty is that certain mutual fund transactions are treated as sales even though they might not seem like it.
• Wealth Management
  For families, we’re a trusted adviser with extensive backgrounds in financial planning, litigation support, Social Security and wealth management consulting, and tax strategy...

Accounting

• Accounting Services
  The unfortunate reality is that most businesses, regardless of size, will have to deal with fraud or theft at some point, whether from external, internal, or a combination of threats. KraftCPAs forensic accounting investigation experts can recommend internal controls to deter criminals and detect most fraudulent activity. Our forensic accounting team can provide litigation support in the aftermath, and assist in the recovery of lost assets.
• Payroll Services
• Cash Flow Analysis
• Bookkeeping Services

Planning

• Financial Planning
• Retirement Planning
  KraftCPAs tax professionals regularly counsel clients on retirement planning and IRA distributions and work closely with our clients’ advisors to minimize income taxes before and after retirement. In addition, our tax professionals work closely with clients and their lawyers to structure an estate plan to accomplish each client’s goals. This process not only includes minimizing income and estate taxes, but also understanding the family dynamics and concerns that often impact these estate plans.
• Asset Management
  Our affiliates — Kraft Analytics (KA), Kraft Asset Management (KAM), Kraft Enterprise Systems (KES), Kraft Healthcare Consulting (KHC), and Kraft Technology Group (KTG) — provide additional business and personal solutions ranging from litigation support to network security analysis to merger and acquisition assistance.