Tax Newsletter February 2024
In this Issue: Beneficial Ownership Information (BOI) & the Corporate Transparency Act (CTA) Resource Materials Developed by A.J. Reynolds Taxpayers Should Continue to Report All Cryptocurrency, Digital Asset Income Business Digital Asset Transaction Reporting Delayed – Form 8300 E-file Unavailable for Form 990-T and Form 1120-POL until March 17, 2024. An Extension Can be Filed […]
Tax Newsletter August 2023
In this Issue: IRS Spring Regulatory Agenda Includes Three Final and Several Proposed Regulations Expected in December Client Letter: Know the Signs of an Employee Retention Credit Scam Learn the Warning Signs of Employee Retention Credit Scams IRS Commissioner Signals New Phase of Employee Retention Credit Work; with Backlog Eliminated, Additional Procedures Will be Put […]
Tax Newsletter September 2021
Reminder: Register for the Virtual Tax Seminars: Each session includes 7 hours of Tax Law and 1 hour of Ethics Virtual Tax Seminar Information is available here: Fall & Year-End Tax Seminars In This Issue Paid Leave Credits Available for Providing Leave to Employees Caring for Individuals Obtaining or Recovering from COVID Immunization R. 3684: To […]
Crowdfunding: The Definitive Guide for Accounting Professionals
The Definitive Guide to Crowdfunding for Accountants and Tax Professionals When starting a business, there are all sorts of options for funding. You might form an LLC and back it yourself with your own private funds. You could attempt to raise venture capital from accredited investors and form a C-Corporation. Or, you could distribute shares […]
The Difference Between a Tax CPA and EA: All Your Questions Answered
Are you a would-be accounting or tax professional? Or, are you an individual filer trying to determine who to enlist for the preparation of your annual federal and state income taxes? In either case, it’s important to understand the difference between a Certified Public Accountant (CPA) and an Enrolled Agent (EA). While they have a […]
The Difference Between C corps and S corps
When it comes to launching a new business, there are a million and one things to take into account. As an accountant or financial professional, your clients approach you with all sorts of questions when it comes to incorporating their new business. Should I form an LLC? Is a sole proprietorship the best option in […]
Ethics in the Real World (for Accountants)
As an accountant or tax professional, you already know that it’s essential to follow along with annual updates in the world of tax legislation. You might consider a seminar that spans several days and covers all of the details of the new tax law, or just a simple tax webinar that’s focused on a particular […]
