Discover key strategies to reduce risk and manage costs amid evolving global tariffs, from financial planning to tax strategies and supplier shifts.
Business Management
BOI Reporting Paused … Again
IMPORTANT UPDATE: The January deadline for businesses to register their beneficial ownership information is once again on hold following a Dec. 26 order from the Fifth Circuit Court of Appeals.
BOI Reporting Back On With New Deadline
IMPORTANT: Beneficial Ownership Information Reporting Preliminary Injunction Reversed – New Deadline to Comply
BOI reporting deadline delayed – for now
FinCEN confirmed that due to a recent nationwide Federal court order, the deadline for reporting companies to file beneficial ownership information is temporarily delayed and reporting companies are not subject to liability if they fail to file by 1/1/2025.
Act Now On BOI Reporting Deadlines
Corporate Transparency Act (CTA) causes significant changes in federal law that impacts most privately held corporations, partnerships & more
IRS ERTC Voluntary Disclosure Program Deadline
The IRS’s new Voluntary Disclosure Program may provide employers relief from penalties related to ineligible Employee Retention Tax Credit claims.
U.S. House passes the Build Back Better Act
The U.S. House of Representatives passed a crucial part of President Biden’s agenda by a vote of 220-213 on November 19. The Build Back Better Act (BBBA) includes numerous provisions...
2021 business year-end tax planning
Businesses must navigate 2021 year-end tax planning with new tax laws potentially on the horizon The end of the tax year is fast approaching for many businesses, but their ability...
2022 cost-of-living adjustments
The IRS recently issued its 2022 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, mainly due to the COVID-19 pandemic, many amounts...