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.
Topic

Explore the top three reads recommended by KHA Consulting's Jonny Baker in this month's Bake's Takes. From understanding how new CEOs establish trust, to leveraging your strengths for greater impact, and spotting talent in the modern era, these articles offer essential insights for today's leaders. Don't miss out on these refreshing perspectives designed to push your thinking and enhance your leadership effectiveness.

Well-intentioned plans often fail but a shift in mindset can improve business operations. KHA is for leaders yearning for genuine transformation.

The IRS is reopening a Voluntary Disclosure Program related to improper claims for the Employee Retention Credit (ERC). Simultaneously, it continues to increase audits and enforcement action related to these claims. IRS is also in the process of reclaiming up to 30,000 credits already paid.

The success of any team lies in its alignment, be it in business or on a boat. Learn how KHA's advisors can help your team function like a well-coordinated crew.

The IRS released final regulations on required minimum distributions and the ten-year rule. This video provides an overview of the new regulations and how they may impact you or your heirs.

The IRS has resumed processing claims for the employee retention credit but with increased scrutiny. This video provides an overview of common red flags, such as overclaiming and incorrect reporting of wages, that are resulting in greater scrutiny. Learn about the red flags and what to do if your ERC claim may be erroneous.

Jonny Baker's 'Bake’s Takes' for August 2024 brings together three insightful reads that every leader should explore. Learn about the value of project management, the importance of identifying and developing core competencies, and the art of effective networking. These articles will provide you with the tools and insights required to excel in today's challenging business environment.

RSM's Washington National Tax office provides details and commentary on final regulations concerning prevailing wage and apprenticeship (PWA) requirements for energy credits and deductions under the Inflation Reduction Act.

Lost in the woods or lost in your business? This article discusses the importance of having a clear vision statement as a guiding principle for business owners. Learn how KHA Strategic Consultants can help you define your business vision and ensure alignment within your team.

Navigate the tricky crossroads of sports and business with KHA Strategic Consultants as we shed light on the key to defining success in your organization. Drawing parallels from football, we discuss the importance of focusing on the right metrics – not just the convenient ones…

Join Jonny Baker in his monthly roundup of must-read articles for leaders, featuring insights on leadership team reinvention, effective learning strategies, and the true drivers of job satisfaction. Dive in to explore these perspectives and equip yourself with new strategies for creating vision, alignment, and execution in your team.

Are you a parent or caregiver? This video breaks down everything you need to know about the child and dependent care credit. Don't miss this opportunity to reduce your tax bill!

Individual tax changes are coming by 2026, and preparation is key to staying ahead. This article offers a peek into the future of tax laws and how they could influence your finances. Don't miss out on this chance to future-proof your tax strategy.

Ever wonder why you're constantly solving problems, yet your business is not growing? Read this parable about a gardener which illustrates the dangers of losing sight of what's really important.

IRS latest announcement (IR-2024-169, June 20, 2024) regarding the ERC (Employee Retention Credit) continues to implicate erroneous and fraudulent claims. Some processing to resume, but most claims will remain in limbo.