Tax Newsletter – February 2025

Tax Newsletter – February 2025 In this Issue: Most Recent News on Corporate Transparency Act as of January 25, 2025 Issue 1: 2025 Tax Season Begins January 27, 2025 Issue 2: Disaster-area Clients with Extensions: Some Must File by Feb. 3, Others May 1 Issue 3: Accessing Retirement Funds in a Disaster Issue 4: Standard […]
Tax Newsletter – January 2025

2025 Basics & Beyond Tax Newsletter – January 2025 December 26, 2024, Update BOI Reporting Put on Hold Yet Again – We are back to wait and see!!!!!! The Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) have been temporarily halted following recent court rulings. On Dec. 26, 2024, the 5th […]