By Scott Marr, CPA, MST and Sean Ellefson For parents and grandparents, saving for a child often starts with one big question: What is the best way to help them build a strong financial future? For years, 529 plans have been one of the most common answers, giving families a tax-advantaged way to save for […]

Why the smartest capital decisions start with a tax planning conversation “Buy it before year-end so you can write it off.” That advice gets repeated so often in business circles that it starts to sound like strategy. In reality, it is only a fragment of the story. A capital purchase is not primarily a tax […]

For many business owners, succession planning is one of the most important decisions they will ever make, yet it is often delayed until the owner is nearing retirement, facing health problems, or reacting to a crisis. That is usually too late. A good succession plan does far more than name a successor. It addresses who […]

If you inherited a Traditional IRA after 2019, the rules are not always what people expect. The SECURE Act changed the way many inherited retirement accounts must be paid out, and now who inherited the account and whether the original owner had already started required minimum distributions, or RMDs, controls. In some cases, a surviving […]

At KEB, our strength comes from experienced professionals who bring knowledge, perspective, and a genuine commitment to the clients and communities we serve. This month, we’re pleased to highlight Blake Pollard, Senior Manager in our Litchfield office. Blake first joined KEB in January 2016. After a brief time away from the firm, he returned in […]

Most taxpayers don’t plan to get hit with an IRS penalty. Usually, it happens because life got in the way: a bill was missed, a return was filed late, or an estimated payment did not get made on time. For years, one of the best forms of relief in that situation was an IRS program […]

Many business owners dismiss C corporations almost immediately because they have heard about “double taxation.” That concern is real. It is part of the conversation. But it is rarely the only issue that matters, and it is not always the issue that matters most. The better question is not, “Which entity sounds cheapest this year?” […]

With gas prices soaring it has been expected the IRS would increase the mileage rate that business owners can deduct for vehicle use instead of keeping a record of actual expenses. Sure enough, the IRS recently announced a 3.5-cent increase in the optional mileage rate for the last half of 2026. The new rate for […]

At KEB, our people shape the experience we provide to our clients, colleagues, and communities. Their knowledge, curiosity, and commitment to service are central to who we are as a firm. Welcoming new professionals is always an exciting opportunity to strengthen our teams and invest in the future of the profession. Each new team member […]

By: Chris Brauner Estate planning carries a reputation it does not quite deserve. To many people, it sounds like a daunting stack of legal work to handle “someday.” And for most of us, someday keeps drifting further out of reach. Here is the reassuring truth: the part that matters most is often much simpler than […]