KWC Names New Principal

KWC Names New Principal

We are pleased to announce the promotion of Kristen Baietti to Principal with the firm. “I am pleased to introduce Kristen as a principal with the firm,” said Connie Hammell, Managing Principal of KWC. “She has developed close relationships with her clients over the...
DOL Expands Overtime to Millions of Workers

DOL Expands Overtime to Millions of Workers

In April 2024, the U.S. Department of Labor (DOL) issued a new final rule that’s slated to expand the number of workers who are eligible for overtime pay under the federal Fair Labor Standards Act (FLSA). It’s expected to affect four million workers. The...
Updated Guidance on Business Vehicle Depreciation

Updated Guidance on Business Vehicle Depreciation

The rules for deducting depreciation expenses on vehicles used for business purposes have been liberalized under current tax law, but they remain complicated. In addition, annual inflation adjustments make allowable depreciation deductions moving targets. (See...
When To Outsource Accounting Services

When To Outsource Accounting Services

Why Outsourcing Your Accounting & Finance Functions Provides Value for a Small Business By Kira Wissman, Controller, KWC CPAs The accounting & finance functions are often undervalued and overlooked in start-ups or small businesses.  The costs can be...
Chart a Tax Course for Business Travel

Chart a Tax Course for Business Travel

Are you planning to take a business trip this summer? If your destination is known for its cultural or recreational attractions, you might want to combine some leisure with your business activities. You still may be able to enjoy plenty of tax benefits from the trip —...
Planning Is Essential if You’re Inheriting Assets

Planning Is Essential if You’re Inheriting Assets

If you’re in line to receive a significant inheritance, your feelings may range from exhilaration to relief, not to mention a great deal of sadness for the loved one who has passed. Indeed, a large infusion of cash or assets can be overwhelming. Generally, when...