MKR CPA Blog
Explore our monthly updates featuring expert insights on accounting news, retirement tips, and industry-specific content for veterinarians, retail & distribution firms, small businesses, and construction companies.
MKR CPAs & Advisors’ Dan Kittell Named a 2026 Five Star Investment Professional
Indianapolis, IN - Daniel L. Kittell, CPA, Managing Partner of MKR CPAs & Advisors, has been named a 2026 Five Star Investment Professional, an honor that recognizes only a select group of financial services professionals in the Indianapolis market for their...
IRS Introduces Automatic Penalty Relief — What Eligible Taxpayers Need to Know
It happens to even the most organized taxpayers; a missed deadline, a late payment. The IRS just rolled out a program that can automatically clear certain penalties without you lifting a finger. See who qualifies and what to do if a notice still slips through.
How Strong Follow-Up Care Systems Close Healthcare’s Follow-Through Gap
AI can spot an abnormal finding buried in a routine scan — but what happens next often falls through the cracks. See why detection alone isn’t enough, and what practices need to actually close the follow-through gap.
Essential Retirement Planning Steps That Protect Your Money for a More Secure Future
A 401(k) is a start, not a finish line. Once you’re out of the workforce, you’ll need a plan for turning savings into income, managing taxes, covering healthcare costs, and protecting your legacy. Here’s what a complete retirement plan actually requires.
Client Retention Is the Real Growth Strategy for Professional Services Firms
Key Takeaways: Winning new clients matters, but firms that can't retain them must keep replacing lost revenue before growth is possible. Reliability and follow-through, not just expertise, are what build or break client trust over time. Proactive, consistent...
Money Habits That Help Middle-Class Americans Build Lasting Wealth
Key Takeaways: Keeping a gap between income and spending, even as income grows, is the foundational habit behind long-term wealth building. High-interest debt quietly drains money that could otherwise go toward saving and investing — paying it down is one of the best...
Should You Do a Roth Conversion? What to Know Before You Move Your Money
Key Takeaways: A Roth conversion moves money from a traditional account into a Roth, taxed now in exchange for tax-free growth and withdrawals later. Converting during a temporarily lower-income year, such as between jobs, can let you convert at a lower tax rate. A...
5 Tax Surprises That Can Shrink Your Retirement Savings
Key Takeaways: RMDs become mandatory at age 73, and missing one can trigger a penalty of up to 25% of the required amount. A new temporary $6,000 deduction ($12,000 for joint filers) is available for taxpayers 65+ through 2028. Investment gains, pension income, and...
How Retailers Can Boost Sales With Pricing Psychology, Not Discounts
Key Takeaways: Customers judge prices relative to context, not in isolation — comparison and framing shape perceived value. Honest scarcity (real low stock, real deadlines) motivates buyers; manufactured urgency erodes trust. Transparency about why prices are what...