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BOI UPDATE

In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN and are not subject to liability if they fail to do so while the order remains in force.

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Beneficial ownership reporting fincen new rules

Latest News

The latest guidance and thought leadership from our experienced team of CPAs and consultants. Read more about up-to-date audit, accounting, tax, and consulting trends and insights affecting your business.

FEATURED POST

Businesses can still cut their 2024 taxes

President-Elect Trump will take power early next year along with a unified GOP Congress. However, it’s still unknown how the tax landscape will change in […]

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Posted 12/03/2024 By: Thomson Reuters©

Federal court rules against DOL’s “white collar” overtime rule

A federal district court judge has struck down the Biden administration’s new rule regarding the salary threshold for determining whether certain employees are exempt from […]

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Posted 11/26/2024 By: Thomson Reuters©

The Provisions of the Tax Cuts and Jobs Act That Will Expire in 2025

Signed into law in 2018, the Tax Cuts and Jobs Act (TCJA) was the most significant overhaul of the overall tax code in 30 years […]

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Posted 11/07/2024 By: Gorfine, Schiller & Gardyn

How will the 2025 inflation adjustment numbers affect your year-end tax planning?

The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over […]

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Posted 10/25/2024 By: Thomson Reuters©

Ease the financial pain of natural disasters with tax relief

Hurricane Milton has caused catastrophic damage to many parts of Florida. Less than two weeks earlier, Hurricane Helene victimized millions of people in multiple states […]

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Posted 10/12/2024 By: Thomson Reuters©

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