Kindred CPA, LLC

09/28/2026

Lots of people wonder whether they should convert their traditional IRA to a Roth account. Here are some things to consider in making that decision . . .

Turning a traditional IRA or 401(k) into a Roth account is one of the biggest money questions people think about in their retirement planning. It's not a

09/22/2026

Did you know that the IRS updated mileage rates in July? Here are the details . . .

The IRS standard mileage rates for the second half of 2026 (starting July 1, 2026) have been adjusted for inflation. Business - 76 cents per mile, up from

08/25/2026

If you're self-employed, run a business, or earn income not taxed through a regular paycheck, your third quarter estimated tax payment for 2026 is due Tuesday, September 15.

The One Big Beautiful Bill (OBBBA) created several new deductions that could impact your estimated tax payment this year. These include:

Tips - up to $25,000 of qualified tip income could be deductible
Overtime - up to $12,500 or $25,000 if you file jointly
Child tax credit - $2,200 per qualifying child under 17
Age 65 and older - an extra deduction of up to $6,000 per person

Income limits apply to several of these, and most are claimed on a new form called Schedule 1-A.

How to stay penalty-free

The IRS won't charge a penalty if you pay in at least 90% of what you will owe this year, or 100% of what you owed last year. If your income topped $150,000 last year, that second number rises to 110%.

07/28/2026

https://www.kindredcpa.com/thinking-about-retirement-heres-what-to-know-about-medicare/

While full retirement age for Social Security approaches age 67, Medicare benefits are available at age 65. The Initial Enrollment Period for Medicare is

07/23/2026

https://www.kindredcpa.com/thinking-about-retirement-heres-what-to-know-about-social-security/

The best resource for information on Social Security is ssa.gov. Once you create an account (www.ssa.gov/myaccount), you can get a benefits estimate,

07/01/2026

Happy 4th of July to you and yours!!!

It can be easy to get caught up in the negative spiral of the daily newsfeed and think that the country is a divided place. But next weekend we will

05/07/2026

There's a lot to navigate when considering retirement plans, both for yourself and your business. Read our blog on "The ABCs of Retirement Plans" to help find your way!

The alphabet soup of retirement plan options can be overwhelming. What's the difference between a 401(k), 403(b), 457, SIMPLE and IRA plans? Here's what

04/23/2026

State tax conformity is one of those things that may make your eyes glaze over, but it can impact your tax situation. So many of the One Big Beautiful Bill provisions affect federal taxes . . . but may not affect your state taxes in the same way depending on your state. Check out our blog post to learn more.

You're probably aware that federal tax laws and state tax laws don't always agree. As you do your tax planning and prepare for filing season, it's

04/20/2026

Does your job include tips? The US Treasury Department has now issued a final list of occupations eligible under the "no tax on tips" provision of the One Big Beautiful Bill. You can read more from our Kindred CPA blog here:

You may remember that the One Big Beautiful Bill Act (OBBBA) includes a provision commonly called "No Tax on Tips". Last year, the government issued a

04/07/2026

Tax Day is almost here - yay! Did your tax preparer tell you to make estimated tax payments this year? Here's an overview of who, what, and when these could affect you . . .

If you have taxable income from sources such as investments, self-employment, or pass-through entities, you may need to make estimated tax payments