What is BOI Reporting? Effective January 1, 2024, the Corporate Transparency Act (CTA) mandates many businesses must submit beneficial ownership information (BOI) to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). This led to the National
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New Rule – Employee or Independent Contactor Article Highlights: New U.S. Department of Labor Rule New Six Factor Test The Department of Labor (DOL) has a new rule defining whether a worker is an independent contractor or an
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What is Beneficial Ownership Information Reporting? Beneficial Ownership Information (BOI) reporting is a federal requirement by the Corporate Transparency Act (CTA). BOI reports include information about all the company’s beneficial owners. Who is considered a Beneficial Owner? A
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Running a business is hard enough without adding the complexity of filing taxes each year. The key is to work with your accountant throughout the year, not just when you prepare your tax return. Making financial decisions without
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Handling employment taxes can be complicated, especially when you’re required to file important tax documents throughout the year. Here’s a quick recap of the most vital payroll tax forms and what you can do to make your payroll
Read MoreRunning a small business comes with a multitude of responsibilities, and one crucial aspect is managing taxes. Small business owners often find themselves grappling with the complexities of the tax system, from understanding different tax obligations to maximizing
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