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

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 As part of the Bill, the employee retention credit (with the exception of the recovery startup business credit) is no longer in effect for the fourth quarter of 2021.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

California Main Street Small Business Credit II

10/21/2021

In Late September 2021 Governor Newsom signed Assembly Bill (AB) 150 establishing the Main Street Small Business Tax Credit II. This bill provides financial relief to qualified small businesses for the economic disruptions in 2020 and 2021, resulting in unprecedented job losses. Taxpayers that qualified for Employee Retention Credit may also qualify for the Main … Read More

KBKG Introduces Tax Continuing Legal Education Credits for Attorneys

10/20/2021

KBKG has expanded its leading-edge continuing education offerings to include CLE credits for attorneys. We have partnered with the National Academy of Continuing Legal Education, a leading provider of accredited continuing legal education courses throughout the United States. Attorneys have 24/7 access to course offerings online or on DVDs. Our first CLE course is “Transfer … Read More

KBKG New York Office Hires New Regional Director

09/29/2021

New York City, New York – KBKG, a nationwide tax specialty firm, hired a new Regional Director as part of their Northeast practice. David Zarin has over 25 years of experience working in business development and client relationship management roles in the professional services industry, specifically for large and midsize public accounting and management consulting … Read More