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Tax Updates/In the News
Changes to KY Sales Tax Law
Kentucky has made big changes to the sales tax laws, which will require many additional businesses to start collecting and remitting sales tax, starting July 1, 2018. If you have any questions regarding how these changes could impact your company, King + Company will be available to assist you in…
July 3, 2018
Year-End Tax Planning for 2017
This Special Report contains year-end tax planning tips that highlight the opportunities and challenges faced by taxpayers in today’s uncertain legislative environment….. Year-End-Tax-Planning-2017-(Checkpoint)
Going Back to College – Make sure you are taking advantage of your 529 Account
Funds in 529 accounts can be withdrawn tax-free for off-campus housing (with some limitations). The college student must be enrolled at least half-time. You can’t claim more than the room-and-board allowance that the college includes in the cost of attendance for federal financial aid purposes. You should be able to…
August 16, 2017
Payroll Tax Tips
Employers that outsource payroll tax duties remain liable for unpaid taxes, IRS reminds firms. Even if payroll agents abscond with the employment taxes or fail to make the required deposits or payments to IRS, employers are on the hook. So take these steps to protect yourself if your business uses…
July 12, 2017
Kentucky Collateral Assistance Program (KYCSP)
The Kentucky Collateral Assistance Program has been available since 2014 and can be a valuable tool for loan officers. Simply put, the program provides collateral assistance to borrowers. Please click on the link below for more information. KYCSPGuideLines