Firm News & Updates

KWC has been named as one of the 2026 Best Places to Work for Career Growth. The awards recognize the top companies for career development and advancement opportunities across the United States. The awards are held in partnership with Best Companies Group. Best Places...

Filing your 2025 federal income tax return can provide valuable insights to help with 2026 tax planning. For example, if you receive a large refund or owe significant taxes for 2025, you can benefit from revisiting your withholding for 2026. Although a large refund...

Not all married couples earn dual incomes. For example, during the course of a marriage, one spouse may leave the workforce to care for a family member or tend to his or her own health issues. Regardless of why you left and whether it's temporary or long-term, you...

Overview Since September 2025, the federal government has been operating under Executive Order 14247, which directs federal agencies to transition receipts and disbursements, including IRS tax payments and refunds, to electronic formats “as soon as practicable.” This...

KWC is pleased to announce that Emily Crimmins, Howard Kramer, Wendy Kurz and Irene Walsh have been named as 2026 Top Financial Advisers (Tax Accountant category) in Washington, DC by Washingtonian Magazine. Emily Crimmins is a Principal in KWC’s Business Services...

Deductible Business Meals & Entertainment in 2026 Business meals and entertainment get tougher to deduct starting in 2026. The recent tax law change (often called OBBBA) tightens the rules on both what you can deduct and at what percentage. Big picture for 2026...

The One Big Beautiful Bill Act (OBBBA), enacted in the summer of 2025, includes a new temporary federal income tax deduction for auto loan interest. On January 2, 2026, the IRS published in the Federal Register proposed regulations addressing the write-off — which is...

Catch-up contributions have long been a way for taxpayers to put more dollars into their retirement accounts as they get older. But the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act, enacted in 2022, included a major change to the catch-up...

Virginia Business has named KWC CPAs as one of the 2026 Best Places to Work in Virginia. The awards are held in partnership with Best Companies Group. Best Places to Work in Virginia identifies, recognizes and honors the best places of employment in Virginia in three...

In today’s volatile economic environment, business owners face uncertainty on many fronts. As they seek to make decisions regarding expansion, contraction, or even changing lines of service or product offerings, many discover that a prudent plan from a few weeks ago...