So, it looks like the Treasury Department has nearly reached a “final” decision on BOI reporting… fingers crossed. And this latest update in the BOI reporting saga is actually good news for you.FinCEN is now no longer issuing any penalties for failing to...
Nobody enjoys doing their taxes… nobody. And that is one of the many reasons why I do what I do. It’s complicated and nuanced. There are a lot of boxes to check (literally). One particularly frustrating part of the tax return process is finishing your federal...
I won’t say I told you so, but I’m certainly thinking it: Beneficial Ownership Reporting requirements are back on as of last week. In the words of a friend of mine, “You’d think they were planning a trip to the Caribbean with the amount of flip-flops we’re...
Admittedly, there’s a lot going on in the country right now. My encouragement: don’t let yourself get caught up in doomscrolling, echo chambers, or just watching the news round the clock. It’s good to be informed, but hypervigilance won’t help fix any...
I talk a lot about the plethora of ways you can get into tricky situations with the IRS. My hope is always to reach someone who might need help navigating one of these challenges and get them back on solid ground.But, I’m also acutely aware that there are Mount...
Saving money isn’t a good priority in your business. I know, a shocking statement by any means, but especially in our current inflationary reality. But, here’s what I mean…If we’re speaking strictly in terms of getting your costs down, it’s understandable...
