Federal Court Blocks Enforcement of Corporate Transparency Act On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction, halting the enforcement of the Corporate Transparency Act (CTA). The court...
There is a new reporting requirement beginning January 1st, 2024, and most businesses are now required to report. What is the beneficial ownership information report, or BOI? It is a reporting requirement that came from a law passed by Congress in 2021, that will list...
Ending your year right for your business, and tips to improve tax planning strategies. When it comes to owning your own business, it can be very time consuming and difficult to stop and think about your upcoming tax return. It is always more advantageous to plan ahead...
As we approach the end of 2024, now is the ideal time to evaluate your tax situation in preparation for your upcoming tax return. While we can’t predict exactly how the year will conclude for each client, we can analyze expected outcomes and identify potential...
Established in 1884 by President Chester Arthur, the role of an enrolled agent is to serve as a licensed representative for taxpayers, authorized by the Internal Revenue Service to file tax returns and provide expert tax advice. Certified Public Accountants (CPAs),...
The Benefits of Assembling Your Professional Team: Why It Matters for Your Success In the complex world of business and personal finance, having a robust support network is more than just a luxury—it’s a necessity. Assembling a professional team, including...
