Kelly Green-Krist's (kgreenkrist) Blog

You need an estate plan, regardless of whether or not you are among the ultra-rich. As recent news has shown, even those who have won the lottery or have substantial wealth can fall victim to poor estate planning.While federal estate taxes may not concern you, you need a will to have your wishes ...

I am writing about a significant opportunity for your business to qualify for the Employee Retention Credit (ERC). As we are in 2023, you still have the chance to qualify for the ERC for the 2020 and 2021 calendar years and potentially recover a substantial amount of money.The ERC is a refundable...

I am bringing to your attention an opportunity that might result in significant tax benefits for you or your corporation—the unclaimed 2020 and 2021 COVID-19 sick and family leave credits.The IRS allows individuals and corporations to claim these credits to alleviate the pandemic’s impact. But ma...

When your S corporation covers or reimburses your more-than-2-percent-shareholder-employee health insurance expenses, it classifies the payments as box 1 W-2 wages but not box 3 or box 5 wages.When calculating the amount eligible for the Form 1040 self-employed health insurance deduction, you mus...