ACCOUNTING ARTICLES

The accounting industry is always evolving amid complex rules and regulations. These articles feature timely updates on a variety of accounting topics.

KPM Tax Update header link to blog.
Home Equity Hassle

A key component of the Tax Cuts and Jobs Act is the expansion of the standard deduction. The numbers for 2018 are $24,000...

KPM A&A Update link to blog.
Get Ready for the New Lease Standard

A new accounting rule for reporting leases goes into effect in 2019 for public companies. Although private companies have been granted a one-year...

Case Study header link to blog.
Positive Prognosis for Medical Deductions

Many miscellaneous itemized deductions, including unreimbursed employee business expenses, no longer can be used to reduce your income, starting with 2018 tax returns....