Do You Need to Issue 1099s? Let Senter CPA Help You Understand the Process As we approach the end of the year, you might be wondering whether you need to issue 1099 forms. At Senter CPA, we can guide you through this process and help you stay compliant. Below, we’ve...
Understanding the Paid Medical Leave Act: What Employers Need to Know As of 2025, the Paid Medical Leave Act will require all businesses with employees to comply with new mandatory sick time rules. Whether your employees are part-time or full-time, the only exceptions...
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...