Dec 24, 2024 | Business Planning, Closely Held Business, Featured News and Events, Tax News
All over the business world, accountants, lawyers, financial executives and journalists are scrambling to keep up with the latest soap opera in the financial community: what’s happening with the Corporate Transparency Act and its ownership reporting rules....
Nov 14, 2024 | Business Planning, Closely Held Business
Outsourcing any service, from outsourced accounting to bookkeeping and taxes, simply means hiring someone who is not a W-2 employee, but is instead a freelancer or independent contractor. With today’s technology, online business services are common and growing...
Oct 30, 2024 | Business Planning, Closely Held Business, Featured News and Events
As of January 1, 2024, a significant number of businesses were required to comply with the Corporate Transparency Act (CTA). The CTA was enacted into law as part of the National Defense Act for Fiscal Year 2021. The CTA requires the disclosure of the beneficial...
Oct 17, 2024 | Business Planning, Closely Held Business
Whether you could barely wait for artificial intelligence (AI) to become mainstream or you are someone who dreaded that day ever since the inception of AI, the fact of the matter is that AI is here to stay. The technology is readily available to anyone who wishes to...
Oct 16, 2024 | Business Planning, Closely Held Business, Personal Financial Planning, Tax News
Individuals and businesses in six counties that previously did not qualify for relief under either Hurricane Debby or Hurricane Helene will receive disaster tax relief beginning Oct. 5, 2024, and concluding on May 1, 2025, according to an Oct 11 statement from the...
Oct 15, 2024 | Business Planning, Closely Held Business, Personal Financial Planning, Tax News
Taxpayers in areas affected by Hurricane Helene now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments. Among other things, this includes 2024 individual and business returns normally due during March and April...
