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

KBKG Tax Insight: New Illinois Bill Makes R&D Tax Credit More Valuable

02/24/2021

Companies performing qualified research and development activities in Illinois are one step closer to a much-improved state R&D credit.  Historically, companies in Illinois must have experienced an increase in qualified research expenditures (QRE) over the previous three years to receive the state tax credit. Illinois State Representative Tony McCombie has introduced a bill for an … Read More