With tax season upon us, taxpayers across the nation are trying to grasp the many tax changes for 2025. Central to these transformations is the One Big Beautiful Bill Act (OBBBA), a comprehensive tax reform. This pivotal legislation introduces a range of changes that will directly impact virtually everyone’s tax return—whether a working individual, a […]

An LLC (Limited Liability Company) is a flexible business structure that creates a legal distinction between its owners and the business itself. This separation shields the owners’ personal assets from business liabilities and debts, a crucial safeguard not offered by simpler structures like sole proprietorships. The purpose of an LLC is to combine the limited […]

Fostering the Future of Accounting: A Comprehensive Talent Acquisition Approach By: Brooke Valenti–Jouett Introduction The success of any organization hinges on its ability to attract, develop, and retain top talent. At our firm, we recognize the profound importance of cultivating a new generation of accounting professionals who will not only contribute to our firm’s growth but also […]

Why Using QuickBooks Could Save Your Business By: Sara Jaeger When running a small business, it is easy for an unexpected challenge to escalate into a critical threat if you are unprepared. With time and resources limited, software that streamlines the accounting process and gives you a picture of your business’s overall fiscal health is a game changer. […]

ASC 842 Considerations and Impact By: Kali Patterson ASC 842 will significantly affect how organizations record and report leases. The new guidance createdby The Financial Accounting Standards Board, or FASB, gives a more correct representation of a company’s lease obligations, and can have an impact on your financial statements, even if your number of leases is minimal. […]

Where Should My Next Dollar Go? A Guide to Building Emergency Savings By: Justin Mason, CFP® Life is full of surprises, and not all of them are good. Loss of a job, unexpected bills, or medical expenses are just a few of the unanticipated financial challenges that can throw you off track if you’re not ready for […]

Work–life balance is always tricky, especially when you’re in the process of pursuing a big goal. Havingthe flexibility to customize your workload is critical when you’re trying to make room for everything youvalue in life. We talked to Brooke Killian, Audit Senior in KEB’s St. Louis office, about the adjustments she made to her schedule that […]

It’s Time to Start Leaning on Your Accounting Team By: Kate Ward Running a small business comes with a myriad of challenges. You constantly have important decisions to make—and never enough time to make them. With the onslaught of the COVID–19 pandemic, the business environment became more difficult than ever. These days, small business owners face employee shortages, […]

The Paid Leave for All Workers Act is a significant piece of legislation that aims to improve Illinoisworkers’ quality of life. This act guarantees paid leave for eligible employees to address various lifesituations such as illness, family emergencies, and parental responsibilities. This article will delve into the specifics of the Paid Leave for All Workers Act […]

The Endless Advantages of a Professional Internship By: Brooke Valenti–Jouett MLMs, sugar–free peanut butter, Instagram “hacks”: some things just aren’t as advertised. Luckily,internships are all they seem and more. Internships can jump start your career, helping you gainvaluable experience and create important connections! Representatives from KEB will be visitingcampus career events in the fall to […]