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

In boardrooms across America, leadership teams drown in endless to-do lists, juggling dozens of initiatives while struggling to maintain focus on what truly drives results. The most successful organizations have discovered a counterintuitive truth: exceptional performance comes not from doing more, but from doing less—with laser precision.
After five decades of guiding businesses through transformational growth, we've observed a pattern among our most successful clients: they master the discipline of identifying and executing their three most critical actions at any given time.

The IRS is eliminating paper checks for all tax payments by September 30, 2025—and high-net-worth families with trusts and estates face a particularly complex transition. Unlike individual taxpayers who can use streamlined electronic payment systems, trusts and estates cannot access IRS Direct Pay and must navigate more complicated enrollment processes that can take weeks to complete. With the October 15 extended filing deadline and January quarterly payments rapidly approaching, trustees and families managing multiple entities need to act immediately to avoid penalties and compliance issues. KHA Accountants' specialized expertise in trust and estate tax planning positions us as your strategic partner to navigate this critical transition smoothly and efficiently.

Explore real estate tax strategies with bonus depreciation and §179 updates under the One Big Beautiful Bill to maximize year-end deductions and savings.

The OBBB Act made changes to the Employee Retention Credit (ERC) program by retroactively invalidating certain claims and extending the statute of limitations for an audit to six years.

For over five decades, American families have diligently saved for their children's education through 529 college savings plans, accumulating more than $400 billion in assets. Yet a quiet revolution is reshaping how families think about these accounts. Recent legislative changes have unlocked an unprecedented opportunity to transform unused education funds into powerful wealth transfer vehicles that can benefit multiple generations.

Discover how partnership types, tax rules, and partner roles impact business structure, liability, and IRS compliance.

The One Big Beautiful Bill Act has permanently raised the federal estate tax exemption, offering a secure $15 million threshold for individuals. This change transforms estate planning strategies, providing long-term certainty and flexibility in wealth transfer through gifting, trusts, and charitable contributions. Discover how these updates can shape your financial legacy.

Learn more about some of the factors a business should consider in amending for the change in Section 174.

If you're shopping for a new car, there's a limited-time tax break that could save you thousands of dollars. However, there's a specific window of time, the rules are strict, and you must act strategically to make it work. Watch our video to learn more.

Discover how disregarded entities can simplify taxation while offering liability protection crucial for entrepreneurs. Learn the nuances of single-member LLCs, explore their tax implications, and uncover best practices to avoid common pitfalls. This guide is essential for anyone seeking a streamlined business structure with robust legal and tax benefits.

Understanding Section 754 elections is crucial for maximizing tax benefits in real estate partnerships. This article delves into how this complex IRC provision can align the inside and outside basis, offering potential for reduced taxes through strategic depreciation and amortization. Explore the advantages, challenges, and compliance considerations that can shape a partnership’s tax strategy.

When preparing to sell your business, you're likely focused on tangible assets like equipment, inventory, and cash flow. But there's a hidden asset that could significantly boost your sale price while dramatically reducing your tax burden: personal goodwill. This often-overlooked component of business valuation represents the intangible value tied directly to your individual reputation, skills, and relationships. When properly identified and structured, personal goodwill can provide substantial tax advantages through single-level taxation and capital gains treatment, while giving you powerful negotiation leverage in M&A transactions. Discover how to unlock this hidden value and transform your exit strategy.

Discover key tax changes for dentists under the OBBB, including expanded deductions, the SALT cap, and new planning strategies for 2025.

Discover key tax changes for dentists under the OBBB, including expanded deductions, the SALT cap, and new planning strategies for 2025.

RSM explains how the Big Beautiful Bill affects health care tax planning and compliance. Learn more.
No results found.