Meet Jay Gensert! Jay joined the KEB team in November 2021 where he serves in the tax department. His main responsibilities include tax prep, review, and planning for businesses, individuals, and trusts. Jay does a little bit of everything! Jay is a graduate of Illinois College where he earned a Bachelor of Arts. He also […]

Most of the time an expense that may be tax deductible needs to be paid by the end of the year for which the expense will be claimed. However, there is an exception to that rule. IRA contributions for the prior year can be made after the close of the year if made by the […]

By: Brooke Valenti-Jouett MLMs, sugar-free peanut butter, Instagram “hacks”: some things just aren’t as advertised. Luckily, internships are all they seem and more. Internships can jump start your career, helping you gain valuable experience and create important connections! Representatives from KEB will be visiting campus career events in the fall to meet you and explore opportunities for […]

One of the biggest problems small businesses face is maintaining a positive cash flow. It’s a constant battle. How do you keep your income running ahead of your expenses? QuickBooks Online can help. It provides specialized forms and a mobile app that help you record and deposit the payments that are coming in. Do you […]

If you are a grandparent there are several things, you can do to teach your grandchildren financial responsibility and set aside money for their future education and retirement. Before we get into actual suggestions, it is important that you understand the gift tax rules. You can give anyone, every year, an amount up to the […]

If you had to make a list of people who changed the world essentially just by existing, Henry Ford’s name would likely be on it. Most people know him from history as the founder of the (appropriately named) Ford Motor Company. Here, he developed the assembly line method of mass production. Not only did this […]

We are pleased to announce that we have won the title of Best Place to Work in the Springfield area by the Springfield Business Journal. Way to go team! Check us out on Page 6!

Meet Nate Brauer! Nate joined KEB in 2021 where he is part of the audit staff. Nate was inspired to pursue a career in accounting after taking two accounting classes at Auburn High School. These classes were his favorite leading him to seek a bachelor’s degree in accounting and a second bachelor’s degree in finance […]

Married taxpayers generally have the option to file a joint tax return or separate returns, a filing status commonly referred to as married filing separate (MFS). If you are married and you and your spouse are filing separate returns, or are considering doing so, you should read this article before making that decision. Depending on […]

Especially in the early days of a business, it can be natural to want to handle as many day-to-day tasks yourself – bookkeeping included. Sometimes, it’s in an effort to save money. Often, entrepreneurs just feel like they’re in a better position to handle everything themselves. Regardless, this situation does seem to play out regularly. […]