It’s that time of year again! As we near the end of 2022, it’s time to focus on year-end closing preparations. In the fourth quarter of the year, your team will be compiling, reviewing, and reconciling, so start early and plan ahead.
Category: CK news
While you’re in the midst of planning, growing or expanding your business, it’s important to develop and execute a buy-sell agreement between all business owners. A buy-sell agreement can provide structure for an unexpected event such as a death or disability, and provide a road map for expected events such as a shareholder retirement buy-out. Setting up a buy-sell agreement in the early stages of your business planning can help you handle the unexpected and expected events more swiftly in the future - and with a lot less stress.
Corrigan Krause CPAs and Consultants is proud to announce that Tom Krause, CPA, has been named a Mentor of the Year by Engage! Cleveland.
President Joe Biden signed the budget reconciliation bill H.R. 5376 into law Tuesday, August 16, 2022. Better known as the Inflation Reduction Act, the bill includes a number of tax provisions that may affect your business.
Growing the Corrigan Krause team and promoting our professionals allows us to build the strongest and most effective team for our clients. During this past year, a number of our professionals have developed their skills and earned much deserved promotions.
You have a great concept for a business, but before you move on to developing your buy-sell agreement, do you know what the best structure or entity type is for you? The entity type is crucial to the success of a business and can have drastic legal and tax consequences for a company. As a business owner, it is your responsibility to understand the structure of the business you are creating and your personal stake within the company.
Expanding your donor pool is a great way to develop new funding sources for your nonprofit. Before you decide to widen your reach, you will want to make sure you are compliant with every state’s fundraising regulations where you plan on fundraising. Often, this will mean filing a charitable solicitation registration (CSR).
You sold your house, congratulations! Depending on your situation, you may be eligible to exclude some or all of the profit from the sale from your taxable income. This is called the principal residence exclusion.
If you experienced any life changes - got married, had children, took on a side hustle, etc. – since filing your most recent Form W-4, it may be time to check your withholding.
Corrigan Krause is proud to announce Christine Eichmuller is a 2022 Smart Women Award Progressive Woman Honoree! The Progressive Woman category asked how Christine rose through the ranks over her career, and what challenges she faced - and overcame - along the way.
