Navigating the Corporate Transparency Act: Essential Insights and Compliance Reminder for SMBs
As the deadline for compliance with the Corporate Transparency Act (CTA) approaches, small and medium-sized businesses (SMBs) must remain vigilant. This legislative […]
Stop Chasing Payments: QuickBooks’ Reminders Can Help You Get Paid Faster
In 2021, QuickBooks introduced a set of reminder options designed to tackle one of the most pressing challenges for many businesses: getting […]
Cash In on Global Wealth: How Working Abroad Can Slash Your Tax Bill and Expand Your Horizons
The Foreign Earned Income Exclusion (FEIE) under Section 911 of the U.S. Internal Revenue Code allows U.S. citizens and resident aliens living […]
IRS Offers Second Chance to Resolve Employee Retention Credit Claims with New Voluntary Disclosure Program
The Internal Revenue Service (IRS) has introduced a second Employee Retention Credit (ERC) Voluntary Disclosure Program as outlined in Announcement 2024-30. This […]
January 2024 Business Due Dates
January 1 – Beneficial Ownership Reporting Starts The new Beneficial Ownership Information Reporting Rule requires certain entities (most corporations, limited liability companies, […]
January 2024 Individual Due Dates
January 2 – Time to Call For Your Tax Appointment January is the beginning of tax season. If you have not made […]
IRS Disallowing 20,000 Employee Retention Credit (ERC) Claims
In its ongoing effort to combat questionable Employee Retention Credit (ERC) claims, the IRS has sent more than 20,000 letters advising taxpayers […]
It’s Here – Business Beneficial Ownership Reporting
In the ever-evolving landscape of business regulations, the Corporate Transparency Act (CTA), passed as part of the National Defense Authorization Act for […]