Kremer Kehe Financial Services

06/14/2026

We love numbers…..

NBA Finals: By the Numbers 📊🏀

Because sometimes the numbers tell a story that doesn’t even seem possible…

• 29 — The Knicks erased a 29-point deficit in Game 4, the largest comeback in NBA Finals history.

• 4 — The Spurs lost four games in the series.

• 4 — The Spurs held a lead in all four of those losses.

• 20 — Total points separating the two teams across the entire five-game series. A 4-1 Finals decided by an average of just 4 points per game.

• 53 — Years since the Knicks’ last NBA championship in 1973.

• 45 — Points scored by Jalen Brunson in the championship-clinching Game 5.

The box score says Knicks in 5.

The numbers say this may have been one of the craziest Finals we’ve ever seen.

Sometimes, the stats don’t just tell the story…

They make you question whether you actually watched what happened. 📈🏆🏙️🏀

Call now to connect with business.

06/11/2026

⚠️ Roth Conversions: Great Strategy…Until They’re Not

Roth conversions can be a powerful tax planning tool—but they’re not always the slam dunk people expect.

Over the years, I’ve seen situations where the expected tax benefits of a Roth conversion were significantly reduced—or even completely blown up—because certain factors weren’t considered ahead of time.

Some of the biggest ones include:

• Health Insurance Marketplace credits: A Roth conversion increases your taxable income, which can reduce or eliminate premium tax credits and may require repayment of credits already received.

• Social Security taxation: Higher income from a conversion can cause a larger percentage of Social Security benefits to become taxable.

• Medicare premiums (IRMAA): Increased income can trigger higher Medicare Part B and Part D premiums in future years.

• Pushing into higher tax brackets: Converting too much in a single year can result in paying more tax than anticipated.

That doesn’t mean Roth conversions are a bad idea. In many cases, they’re an excellent strategy. Often, the goal is to thoughtfully “fill up” lower tax brackets, reduce future required minimum distributions (RMDs), and create more tax flexibility in retirement.

The key is looking at the entire picture before making the decision. A Roth conversion shouldn’t be done in a vacuum. The details matter, and a little planning can make a big difference.

If you’re considering a Roth conversion, it’s worth running the numbers first to make sure the strategy works the way you expect it to.

This post is for general educational purposes and is not intended as individualized tax advice.

06/06/2026

Great topic. What made sense a decade ago maybe doesn’t quite fit the plan now.

06/05/2026

Thinking about starting Social Security? Here are some questions you should be asking first.

Many people focus on one question: “When should I start taking Social Security?”

But that’s only part of the decision.

Other important questions include:

✅ How much will my monthly benefit be if I start at 62, full retirement age, or 70?

✅ How will Social Security affect my taxes?

✅ If I retire before age 65, what will I do for health insurance until Medicare begins?

✅ How will Social Security fit into my retirement income plan?

✅ If I’m married, how does my decision affect my spouse?

The right answer is different for everyone. What works for your neighbor may not be the best choice for you.

A little planning before you file for benefits can potentially save thousands of dollars and help you avoid costly mistakes.

If you’re approaching retirement and have questions about Social Security, taxes, or retirement income planning, we’re happy to help.

01/27/2026

Office Location Update

We want to share a quick update for our clients:

Just a reminder that we are no longer seeing clients at the Waterloo office. We were only there limited days each week and have fully consolidated to our West Union location as our primary office.

That said, we’ve made it easy to work with us in several ways:

• Schedule an in-person appointment in West Union
• Mail documents to our office
• Email documents securely
• Share files via Google Drive, Dropbox, or similar services
• Drop off documents in person

If you have questions about the best option for you, just reach out — we’re happy to help.

01/19/2026

Sharing this again as W-2s are starting to come in.

For employees receiving tips or overtime pay, it’s worth taking a closer look this year:

• Tips are typically reported on the W-2, including any allocated tips
• Overtime premium pay may be reported in Box 14 or on a separate statement attached to the W-2
• Because this is the first year these deductions are available, accurate reporting matters

Even small reporting issues can affect how the deduction is calculated.

If you receive tips or overtime, it’s a good idea to review your W-2 carefully to make sure everything is reported correctly.

01/19/2026

I bought this baseball card as a kid, forgot about it for years, and just found it again.

Kid me made a decent decision.
Adult me accidentally held it long-term.

Which, as it turns out, is a surprisingly solid tax strategy.

01/15/2026

5 common tax mistakes we see with small businesses:

• Missing or misclassifying deductions
• Mixing personal and business expenses
• Forgetting quarterly estimated tax payments
• Not tracking mileage or vehicle use correctly
• Waiting until year-end to ask tax questions

Small issues can turn into expensive surprises without planning.

Questions? We’re happy to help.

01/12/2026

Reminder that the 1099 deadline is February 2 this year. If you need us to prepare 1099's, please have your stuff to us be the 23rd to give us enough time to prepare them for you.

01/10/2026

Throwback - 15 years ago.

Before online portals, before e-signatures, and before technology — or us — really matured. 😄

Still here, still helping clients.