Cray Kaiser

In this audio blog. CK Tax Manager Eric Carpenter shares important tax information for independent contractors.

In this audio blog, CK Principal Karen Snodgrass addresses some common questions surrounding potential future COVID-19 relief. Of course, we don’t know exactly what will happen in the coming months. With a new administration and the pandemic is still surging, there is a lot at play.

Following the results of the Georgia runoff elections, we know that the Democrats hold the majority in Congress. As a result, there is a lot of speculation about President-Elect Biden’s tax plan and what changes we can potentially expect in the future. In this audio blog, CK Principal Karen Snodgrass addresses the speculation and how you can prepare.

With the ink barely dry on the Coronavirus Aid, Relief, and Economic Security Act (CARES) Act, there have already been several hot topics surrounding the benefits it provides. In this episode we discuss the top 5 tax provisions that we believe will be most impactful to our clients.

Do you know what your tax nexus is and how it impacts your business? In this audio blog, CK Principal Karen Snodgrass gives an overview of nexus, how the Wayfair ruling has affected businesses, and what business owners should be doing to comply with nexus.

This is a complex topic that requires a lot of careful attention to ensure compliance. You should work with your tax advisor to make sure you’re taking the necessary steps to follow the law.

In this audio blog, CK Principal Karen Snodgrass walks us through the complexities of Illinois taxes. If you live and/or own a business in Illinois, you know that taxes have continued to rise. To put it simply, it’s a tough time to be a resident. That’s why many individuals and companies are looking for ways to move out of state and reduce their tax burden.

But is it as simple as moving out of Illinois? Unfortunately, it’s not. There are many steps required to establish domicile in a new state, and even then, Illinois will look for ways to keep taxing you.

Deanna Salo, Cray Kaiser Principal, shares the journey of a closely-held business as they craft their buy-sell agreement. When the owners of the company were looking to exit, they decided it was time to dust off their original buy-sell agreement from the 1980s. What followed was a two-year process of education, emotion, and collaboration, ending with the signing of their brand-new buy-sell agreement.

As Deanna tells the story of this business’ journey, she gives insights into why a buy-sell agreement is so important, what timing might look like in the process, aha moments that business owners often experience, and common questions she’s asked about buy-sell agreements.