KBKG Tax Insight: Transfer Pricing Changes Drive Tax Savings for Coronavirus Impacted Companies

11/04/2020

As featured in Accounting Today Intercompany pricing corrections now can help generate cash by utilizing tax net operating losses. In a pandemic environment, longstanding transfer pricing policies can lead to suboptimal tax results. Multinationals that incur losses in some locations while earning generous profits in others could be overpaying taxes. For many companies, modifications to … Read More

KBKG Welcomes Matthew Geltz to Our Texas Office

11/02/2020

KBKG is pleased to announce the addition of Business Development Regional Director, Matthew Geltz to our Texas office. In this role, he will create customized solutions to meet our Texas clients’ needs and develop new business opportunities. Matthew brings over 17 years of experience focused on sales and client relationships. He has worked in the financial … Read More

KBKG Midwest Team on Pink Ribbon Day

10/22/2020

KBKG launched the annual firmwide breast cancer campaign with “Pink Ribbon Day.” Colleagues were asked to wear something pink. Participation was spirited and our Midwest team gathered to rally behind the campaign. We’re collecting donations for two fundraising initiatives: Susan G. Komen American Cancer Society Making Strides Against Breast Cancer   Pictured from left to … Read More

Comments for Proposed Regulations 1.1031(a)-3 (REG-117589-18)

08/07/2020

This letter was originally published by the ASCSP. Our Principals Lester Cook,CCSP and Malik Javed,CCSP are board members of the ASCSP. The American Society of Cost Segregation Professionals (ASCSP) wishes to commend the Treasury Department (Treasury) and the Internal Revenue Service (IRS) for the thoughtful effort clearly reflected in Proposed Regulations 1.1031(a)-3 (REG-117589-18) defining real … Read More

Important Notice – Please Update Your Records

08/06/2020

Please note that we recently relocated several of our offices in California, including our headquarters in Pasadena. Please update your records with the new address and remit any outstanding payments to our new headquarters. Should you have questions, please reach out to your relationship manager for assistance. PASADENA HEADQUARTERS 225 South Lake Ave Ste 400 … Read More

Top 8 Benefits of the R&D Tax Credit

08/05/2020

The research and development tax credit is one of the most valuable credits leveraged by innovators and entrepreneurs since its inception in 1981. While the credit has been around for almost 40 years, renewed focus on research and development has created opportunities for even more businesses to take advantage. Curious to know more? Here are … Read More

KBKG Tax Insight: New and Improved Changes to Research and Development (R&D) Tax Credit: Furthering the American Recovery from the Coronavirus

05/06/2020

Senator Chris Coons of Delaware recently introduced legislation (S. 3593) called “Furthering Our Recovery With American Research & Development Act” (“FORWARD”), which makes changes to and expands Internal Revenue Code Section 41: Credit for Increasing Research Activities (“IRC 41”). Applying these modifications to the existing law could allow companies that invest in the research and … Read More