Kaizen CPAs BLOG

Short, informative articles to help you manage your business with confidence.

Stay in the know

small business accounting (11)

Last Minute Tax Planning Change

Last Friday, December, 19, 2014, the President signed into law the “Tax Increase Prevention Act of 2014.” This Act contains last minute, retroactive...

New Repair Regulations Revisited

Now that the year is coming to an end, we would like to revisit the new repair regulations. The IRS has decided that we need to determine whether to...

Wealth Transfer

Even as Congress continues to tinker with year-end tax breaks and incentives, it is never too early to begin addressing legacy planning issues. Many...

IRS Reiterates Warning of Pervasive Telephone Scam

IR-2014-53 WASHINGTON — As the 2014 filing season nears an end, the Internal Revenue Service today issued another strong warning for consumers to...

How do you Protect Yourself from Tax-Related Identity Theft?

A recently-released survey by taxAudit.com of 2,000 Americans on the subject of tax scams noted that nearly 80 percent of Americans feel vulnerable...

Selling Your Business? Make Your Business Valuable, Marketable and Purchasable

Selling a business is one of the most important financial occurrences in a business owner’s lifetime. Selling a business should be a planned and...

Do you reimburse employees for health insurance?

Do you reimburse employees for individual health policies? If you do, you may be in violation of a recently issued IRS guidance notice. Until...

IRS fine-tuning audit efforts

Although you may have read recent news stories claiming the IRS will be conducting fewer audits than in years past, it’s too soon to breathe a sigh...