The Senter TEAM is working hard for you for the 2023 tax season. Our hope is that your tax preparation process runs smooth. To help understand our process, please refer to the graphic above. Tax preparation is done by the entire team at Senter, CPA. Get to know the...
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...
The team at Senter, CPA, P.C. is ready to kick of the new tax season. Any of last year’s clients will receive an email with the subject “Tax Year 2023 Organizer Documents to Sign”. If it is your intention to have Senter, CPA provide tax preparation...
The end of the year is rapidly approaching. If you are wondering if it is necessary to issue 1099’s, then let us help you determine that. We have listed some common questions and answers related to 1099’s. What is a 1099? This is a form issued to a...
The IRS has two ways to calculate the business cost of a vehicle. Regardless of which method you choose, it is important that you track both your total and business mileage for the year as both methods are affected by the amount of mileage. So why would you choose one...
If you are looking into getting an electric vehicle (EV) there are multiple opportunities for tax credits and savings. The credits can be confusing and overwhelming but listed below are the different credits and restrictions on them. Buying New Electric Vehicle If you...
