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• 2015 Mileage Rates Announced by IRS

  IRS announces 2015 Mileage rates announced for business, medical and moving purposes.

• Hong Kong Has Plans to Follow New Automatic Exchange of Tax Information

  Hong Kong works to improve tax transparency and fight cross border tax evasion.

• KLR Expands Private Client Service Practice with Key Boston Hire

  Yasmin Causer, CPA/PFS Joins KLR - Principal, Private Client Services

• Employees Can Save a Little More for Retirement in 2015

  The 2015 adjustments have been released, and most — but not all — limits related to employer-sponsored retirement plans have gone up.

• Congress Passes Tax Increase Prevention Act of 2014

  Be aware of significant changes to your 2014 tax returns under the TIPA of 2014.

• IRS Inspects Reporting of Unrelated Business Income

  Pay close attention to how you calculate tax on unrelated business activities, the IRS is watching!

• KLR Employees Wear Ugly Sweaters for a Good Cause

  Wacky, Tacky, Ugly Sweater Day at KLR

• 1099 Question: What Type of Income do I Need to Report?

  Businesses must pay attention to IRS Form 1099-MISC which details required disclosure of miscellaneous income like cleaning and land maintenance services.

• The Growing Problem of Identity Theft

  Many taxpayers are falling victim to fraudulent returns.

• Satisfy Your RMD with a Qualified Charitable Distribution from Your IRA

  If you have yet to take your 2014 Required Minimum Distributions, don’t wait!