Dear Client, Starting January 1, 2024, FinCEN launched an online portal for filing the new Beneficial Ownership Information (BOI) report, as mandated by the Corporate Transparency Act (CTA) passed in 2021. This report is required for certain corporations,
Read MoreJust as coaches look back at their prior season to identify their team’s strengths and weaknesses, it can be helpful for taxpayers to review their most recent tax return to assess what they did right and what they
Read MoreLLC vs S Corp: Choose the Right Business Structure Comparing LLC and S Corp When starting a business or considering a change in your business structure, it’s essential to compare the LLC and S corporation. While both share
Read MoreOne of the fundamental decisions that business owners face when it comes to tax planning is determining the frequency of tax filings—whether to file annually or opt for quarterly filings. Each approach has its pros and cons, and
Read MoreAs the year is coming to a close, it’s always important to ensure every expense that can be deducted is. Most tax-deductible expenses are straightforward, however here is a list of some you may not have realized you
Read MoreCredit card debt is a common financial burden that many individuals face, and its implications extend beyond monthly payments and interest charges. When tax season rolls around, it’s essential to understand how credit card debt can affect your
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