KBKG Tax Insight: ABA Urges IRS for Proposed Regulations for R&D

01/19/2022

The American Bar Association (ABA) is calling on the Internal Revenue Service (IRS) to issue regulations regarding new tax filing procedures required by taxpayers to comply with a Chief Counsel Memorandum issued by the IRS on October 15, 2021. Effective January 10, 2022, these new procedures significantly expand the documentation required to accompany the filing … Read More

Feature: What Is a Cost Segregation Study and When Does It Make Sense?

11/24/2021

As featured in the Small Business Tax Savings Podcast Recently, Mike Jesowshek, CPA, Founder of JETRO & Associates, interviewed our Cost Segregation Principal, Lester Cook. Topics discussed include cost segregation, how a cost segregation study is performed, the benefits of a cost segregation study, and more. A Cost Segregation Study dissects the construction cost or … Read More

Happy Thanksgiving

11/22/2021

We’re so thankful for all of your support throughout the year. We wouldn’t be where we are today without you. We gave thanks this year by donating to the following organizations. If you would like to contribute to any of these groups, we’ve included links below for your convenience. Alzheimer’s Association – Walk to End … Read More

Feature: What Is the Research and Development (R&D) Credit and How Do I Qualify?

11/10/2021

As featured in the Small Business Tax Savings Podcast Mike Jesowshek, CPA, Founder of JETRO & Associates, interviewed our Research and Development Tax Credits Principal, Jonathan Tucker. Topics discussed include the fundamentals of the Research and Development (R&D) Tax Credit, R&D tax credit benefits the four-part test, qualifying activities, qualifying expenditures, and more. Each year … Read More

KBKG Tax Insight: ERTC Terminated for Q4 2021

11/08/2021

The Infrastructure Bill (H.R. 3684) was passed by the House on November 5, 2021, and is expected to be signed into law by President Biden. As part of the Bill, the employee retention credit (with the exception of the recovery startup business credit) is no longer in effect for the fourth quarter of 2021. A … Read More

[PRESS RELEASE] KBKG Named One of the World’s Leading Transfer Pricing Practice by International Tax Review

11/04/2021

Chicago, Illinois—November 4, 2021—KBKG, a nationwide tax specialty firm, was named one of the world’s leading transfer pricing firms by International Tax Review for 2021-2022. International Tax Review surveyed over 13,000 clients and 2,700 practitioners to identify the most effective transfer pricing advisors across 84 countries. KBKG’s transfer pricing practice is led by Alex Martin, … Read More

KBKG Tax Insight: Medical Providers Can Claim ERTC

11/02/2021

Medical providers that perform elective procedures could have an opportunity to claim the Employee Retention Tax Credit (ERTC). While most medical offices had to make a variety of operational changes to adapt to a safe environment during COVID, many of those operational changes do not meet the definition of a government shutdown for ERTC. However, … Read More

KBKG Atlanta Office Volunteers at City of Refuge

10/22/2021

KBKG’s Atlanta office sponsored and volunteered at City of Refuge on October 6th, 2021. The team spent their Wednesday working on a number of projects including cleaning, organizing, sorting snacks for children, sorting donated clothes and supplies, painting rooms, cleaning floors, and moving furniture.     City of Refuge is a faith-based environment that helps … Read More