KerberRose Technology, the technology division of KerberRose, has been acquired by Sprinter IT, a long-time accounting client of KerberRose and leading provider of business, technology and security solutions based in Wausau, Wisconsin. This agreement is effective as of September 3, 2024, and will include KerberRose Technology team members, clients and assets. The integration of
As we approach 2025, significant changes are on the horizon for estate tax exemptions. The Tax Cuts and Jobs Act (TCJA) of 2017 introduced elevated estate and gift tax exemptions (currently set at $13.61 million per individual and $27.22 million for married couples in 2024). This enactment was the largest overhaul to the U.S. tax
KerberRose is pleased to announce that Michael Matuszak, CPA, has been elected as the firm’s new Managing Shareholder, effective August 1, 2024. This change marks an exciting new chapter for KerberRose, as Michael brings a wealth of experience and a deep understanding of the firm’s values and goals. Michael succeeds Erik Bunnell, CPA. Michael
As inflation and economic uncertainty continue to impact Americans’ purchasing power, strategic tax-planning initiatives have become an essential tool in preserving financial stability. By leveraging tax-saving opportunities, you can minimize your tax burden, maximize deductions and credits and potentially keep more of your hard-earned income. Effective tax planning is not a one-time event, but
The state has recently increased the audit and review thresholds for non-profit organizations. This change provides much-needed relief for smaller non-profits by exempting them from the requirement to complete an audit or review, saving additional time and money. Here is everything you need to know. New Audit and Review Thresholds Effective for fiscal years
KerberRose was proud to be the presenting sponsor for the Insight on Business Fastest Growing Companies Awards Banquet in February 2024. It was a morning filled with celebrating excellence and honoring the New North's Top 25 fastest-growing companies. Congratulations to all the companies who made this elite list, and a special congrats to the #1
As of January 1, 2024, the Corporate Transparency Act (CTA) came into effect, mandating the disclosure of beneficial ownership information (BOI) for certain entities. It is anticipated 32.6 million businesses will be required to comply with this reporting requirement. This critical legislation, enacted as part of the National Defense Act for Fiscal Year 2021,
In the dynamic landscape of modern business, recruitment has transcended its traditional role to emerge as a strategic driver of success rather than a mere support function. Formerly confined to the perimeter of HR departments, recruitment has emerged as a linchpin steering overall business strategy, and the end game is no longer merely about
EAGLE RIVER, WI – KerberRose is excited to announce the appointment of Kalisa Mortag, CPA, as a Shareholder, effective January 1, 2024. Kalisa joined KerberRose in the fall of 2021 following the acquisition of her prior firm. In a short period, she has significantly impacted the company, demonstrating exceptional leadership, business development, and innovation
A summary of the cost-of-living adjustments for Qualified Retirement Plans (COLA) effective for 2024 are now available and can be reviewed below. These adjustments recently announced by the Internal Revenue Service (IRS) and the Social Security Administration (SSA) have a wide-ranging impact, including the savings rate for retirement plans. In general, annual compensation amounts
