The Importance of Business Succession Planning Every business – large and small – needs a business succession plan. Just like Warren Buffett and Jeff Bezos prepared for the day that they would step away from the C-suite, every small and mid-sized business owner should plan ahead so that the transfer of the leadership and/or ownership […]

The electric vehicle (EV) and hydrogen electric vehicle (HEV) revolution is well underway, with an increasing number of drivers switching to eco-friendly options every day. However, as EVs and HEVs become more common, states are implementing taxes and regulations on charging stations, potentially affecting drivers’ and businesses’ finances. In this brief guide, we’ll explore how […]

By: Brooke Valenti-Jouett  Introduction The success of any organization hinges on its ability to attract, develop, and retain top talent. At our firm, we recognize the profound importance of cultivating a new generation of accounting professionals who will not only contribute to our firm’s growth but also enrich the landscape of the regions we serve. […]

The early Presidential debates for the 2024 election cycle have begun, and one topic that’s expected to take center stage is the future of the U.S. tax code. Tax policy questions loom large, and the 46th person to serve as United States President – remember, Grover Cleveland was elected twice, non-consecutively – will have to […]

Marc joined KEB in 1983 and has since held the role of Wealth and Investment advisor as well as Managing Member of KEB Wealth Advisors. His responsibilities include advising clients on a broad spectrum of financial matters such as retirement planning, financial planning, wealth transfer strategies, and education planning, with a diverse clientele spanning various […]

Are you ignoring your future retirement needs? That tends to happen when you are younger, retirement is far in the future, and you believe you have plenty of time to save for it. Some people ignore the issue until late in life and then have to scramble at the last minute to fund their retirement. […]

Waiting until after the close of the tax year to worry about your taxes can result in missed opportunities that could have reduced your tax liability or provided financial benefits. Mid-year is the perfect time for tax planning. The following are some events that can affect your tax return; you may need to take steps […]

Manual transaction entry doesn’t make sense anymore – not when QuickBooks Online makes the process of importing them from your bank so easy. If you enter them on your own, you risk data transposition errors, which can create inaccuracies in your customer billing, reports, and income taxes. Plus, it takes an inordinate amount of time […]

Patrick is an audit manager in KEB’s Springfield, Illinois office. He joined the firm in 2021 and has experience providing audit services across a broad range of industries. Patrick has taken the time to share his insight on what it is like working with KEB. Here is what he had to say: Moving from Ernst […]

According to one recent study, replacing an employee who has left your business can cost between 50% to 60% of that person’s salary. This is why it’s virtually always more expensive to hire a new person than it is to simply retain one of your existing workers. If you’re replacing someone who makes about $100,000 […]