KBKG is Speaking and Exhibiting at the ICPAS SUMMIT21

08/24/2021

Lester Cook, Alex Martin, and Michael Maroney will be speaking at the ICPAS SUMMIT21 along with our Regional Director, Kyle Ernsberger who will be exhibiting at booth 3. The Tax Conference brings together tax professionals in public or private accounting. If you’re at the conference, please come join our sessions or visit our booth. Our Principal Lester Cook, CCSP, will … Read More

KBKG is Sponsoring the BOMA Golf Classic

08/11/2021

Lester Cook, Todd French, and Kyle Ernsberger from our Midwest Office will be sponsoring the Building Owners and Managers Association of Chicago (BOMA) Golf Classic on Thursday, August 12th. They will be located at Course 3, Hole 4 (featured below) at the prestigious Cog Hill Golf and Country Club. There will be refreshments at our … Read More

KBKG Tax Insight: Iowa Now Conforms to IRC §168(k)

06/22/2021

Governor Kim Reynolds recently signed into law Senate File 619 relating to a multitude of state and local tax issues. Included within this law is the retroactive applicability of Federal Bonus Depreciation rules for qualified assets placed into service on or after January 1, 2021. Additionally, the State of Iowa will remain decoupled from the … Read More

Lester Cook Leads KBKG Midwest’s Community Involvement

06/21/2021

Community is at the core of KBKG, and our Midwest office exemplifies this core value with their involvement in local organizations. Our Midwest team is involved with local industry-based and CPA organizations. Involvement With BOMA Leading the way, our Principal Lester Cook sits on Chicago’s Building Owners and Managers Association (BOMA) Taxation Committee. The Taxation … Read More

Learn about Bonus Depreciation with Lester Cook, CCSP at MCIPA’s Tax Professionals and the IRS: Successfully Working Together Conference

06/03/2021

KBKG Principal Lester Cook, CCSP will be virtually presenting Bonus Depreciation Update at MICPA’s Tax Professionals and the IRS: Successfully Working Together Conference. Taking place on June 9th from 3:10 PM – 4 PM Eastern time, this presentation will provide information on bonus depreciation and other related depreciation issues. Lester will clarify when bonus depreciation … Read More

Changing to ADS Recovery Period for Residential Rental Property with a 163(j) Election

04/23/2021

Overview Treasury and the IRS are contemplating additional procedural guidance that will assist taxpayers with compliance related to the ADS recovery period change for residential rental property. This is required under the Tax Cuts and Jobs Act (TCJA) when Real Property Trades or Businesses (RPTOBs) make the election under 163(j) to avoid interest expect limitations. … 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