Insights

Not everything in the accounting and financial world is black and white. Much is left to interpretation coupled with experience. At KHA, we know our clients value our perspective and guidance. We therefore not only see it as our duty to share regulatory updates, but also our commitment to share our insights on matters that impact you, our clients.

Is Your Dental Practice Growing or Just Getting Busier? The Financial Blind Spots Costing You More Than You Think

Is Your Dental Practice Growing or Just Getting Busier? The Financial Blind Spots Costing You More Than You Think

Dental practice owners are working harder than ever, yet many are finding it increasingly difficult to predict where their finances will land at the end of the month. The culprit is not a lack of patients or revenue -- it is the gap between what the numbers show and what they actually mean. From escalating overhead to operational inefficiencies hiding in plain sight, the forces quietly undermining profitability deserve a closer look. This article breaks down what is really happening inside dental practices today and what it takes to build a financial foundation that can keep pace with growth.
Building a Stronger Financial Foundation: How Outsourced Accounting Helps Construction Companies Scale

Building a Stronger Financial Foundation: How Outsourced Accounting Helps Construction Companies Scale

Growth is the goal for every construction contractor, but scaling a business means more than winning bigger projects. As companies move through each stage of development, the financial complexity grows right along with the revenue. Without the right accounting infrastructure in place, that growth can quickly become a liability. Outsourced accounting offers construction companies a smarter path forward, delivering clear visibility into project performance, tighter financial controls, and the strategic insight needed to grow with confidence.
When “Creative” Tax Deductions Invite the IRS to Your Door

When “Creative” Tax Deductions Invite the IRS to Your Door

What do an arsonist's fee, a family dog, and a backyard fallout shelter have in common? They've all been claimed as tax deductions -- and they all earned the kind of IRS attention no taxpayer wants. While most people aren't pushing the limits quite that far, the truth is that questionable deductions don't have to be outrageous to trigger an audit.
Texas Limited Partners Get Good News from the Fifth Circuit — But Don’t Skip the Planning

Texas Limited Partners Get Good News from the Fifth Circuit — But Don’t Skip the Planning

If you are a limited partner in a Texas-based business, a January 2026 federal court ruling just changed the rules in your favor -- and the savings could be significant. The U.S. Court of Appeals for the Fifth Circuit rejected the IRS's long-standing "passive investor" test and ruled that any partner in a limited partnership with genuine limited liability qualifies for the self-employment tax exemption under IRC Section 1402(a)(13) -- even if you actively work in the business. With self-employment tax running as high as 15.3%, the financial impact of this ruling can be substantial. But the law is still unsettled outside Texas, and the details matter. Read on to find out what this means for your tax strategy and what steps you should be taking right now.
Building a Family Limited Partnership That Lasts: What High-Net-Worth Families and Business Owners Need to Know

Building a Family Limited Partnership That Lasts: What High-Net-Worth Families and Business Owners Need to Know

Most business owners think about succession planning far too late. A Family Limited Partnership, when established early and managed with discipline, gives founders something rare: the ability to transfer economic value to the next generation gradually, deliberately, and on their own terms -- without giving up operational control in the process. It is one of the most effective wealth transfer and succession planning tools available. It is also one of the most scrutinized by the IRS. Before you build one, make sure you understand what it takes to make it last.
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