Through a Chief Counsel Advice memo, the IRS indicates that more fraud victims can claim a theft loss deduction than previously known.
General
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


