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Jeff A. Kieckhafer
12750 High Bluff Drive,
Suite 160
San Diego, CA 92130
Gregory A. Fletcher
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Portland, OR 97204
2021 KBF Partner Promotion
KBF CPAs LLP is pleased to announce the admission of Darin Pretti as a partner of our firm. With more than 13 years of public…
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COVID-Related Tax Relief Act of 2020 Implications When Reevaluating Year-End Valuation Allowance for Deferred Tax Assets
As the calendar year comes to an end, companies are scrambling to finish their year-end tax planning. Assessing valuation allowances for deferred tax assets (DTAs)…
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President-elect Biden’s Tax Plan – Tax Implications of a Changing Administration
Although appeals continue in the courts, former Vice President Joe Biden is well into his transition plan to assume the Presidency. Additionally, as of December…
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Accounting for Income Taxes–A Path Towards Simplicity–ASU 2013-11
To download a PDF version please click here Generally Accepted Accounting Principles (GAAP) The Financial Accounting Standards Board (FASB) establishes financial accounting and reporting standards…
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IRS Releases Guidance in FAQs Regarding the Interaction of PPP Loans and the Employee Retention Credit in M&A Transactions
The Internal Revenue Service (IRS) recently updated its FAQs page and released guidance for parties engaging in mergers and acquisitions (M&A) in 2020. Because of…
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IRS Form 1099-MISC & 1099-NEC—A New Filing Requirement for Independent Contractor Payments
Traditionally, taxpayers have used Form 1099-MISC to report certain payments to the IRS, including payments made to independent contractors. Form 1099-MISC has been redesigned, and…
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San Francisco Voters Approve Increase in Gross Receipts Tax and New Tax on CEO Pay
On November 3, 2020, San Francisco voters approved two new tax measures impacting corporate taxpayers. Both measures were passed by voters with overwhelming majorities. Proposition…
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OECD Releases BEPS 2.0 Blueprint
At the beginning of 2020, the Organization for Economic Co-operation and Development (OECD) expected to complete its global taxation transformation known as “BEPS 2.0” by…
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Webinar | Global Growth Opportunities in a Changing Corporate Landscape
CCW/Crowe and KBF CPAs invite you to join us for this internationally-focused webinar to learn about the strategies we are seeing our clients employ as they seek to grow their revenue and expand their footprint in markets outside of the US. We will cover a range of topics, with a focus on the EMEA and APAC regions.
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Multnomah County Voters Reject Metro Payroll Tax; Approve Universal Preschool Measure
Portland-area voters rejected the Metro Council’s payroll tax on employers (Measure 26-218). The measure failed by a 57% to 43% margin. Conversely, Multnomah Country approved…
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New California small business hiring credit for 2020. Especially attractive for restaurants and retail industries
Small businesses are able to get a nonrefundable credit of $1,000 for each net full time equivalent employee addition. The total credit can range from…
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