Update on BOI Reporting from FinCEN 02-06-25 Alert
In a significant development for businesses across the United States, the legal landscape surrounding the Corporate Transparency Act (CTA) has taken a pivotal turn with the case […]
Drive Down Your Business Taxes with Local Transportation Cost Deductions
Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely incur various local transportation expenses each […]
Healthy Savings: How Tax-Smart HSAs Can Benefit your Small Business and Employees
As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a Health Savings […]
When Can You Deduct Business Meals and Entertainment?
You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in recent years. Let’s take a […]
Self-Employment Tax: A Refresher on How it Works
If you own a growing, unincorporated small business, you may be concerned about high self-employment (SE) tax bills. The SE tax is how Social Security and Medicare […]
BOI Reporting Requirements Paused Again as of 12/27/2024
In a surprising turn of events, the Fifth Circuit Court of Appeals has reinstated a nationwide injunction that halts the enforcement of beneficial […]
U.S. Appeals Court Reinstates Beneficial Ownership Information Reporting Requirement
In a significant legal development, a […]
BOI Reporting Deadline Extension Proposed in House Budget Bill
Good news for small businesses: The deadline for […]
To File or Not to File: Navigating BOI Reporting After the Texas Injunction
The landscape of compliance with the […]
