-
The Supreme Court Lifted the BOI Injunction. Here Is What Business Owners Should Do Right Now.
The Supreme Court reinstated BOI reporting. FinCEN extended the deadline to March 21. Here is who needs to file, what information is required, and how to do it.
-
BOI Reporting Whiplash: The Fifth Circuit Reversal and What Business Owners Should Do Now
The Fifth Circuit reinstated BOI reporting after a brief injunction. Here is where the legal battle stands and what business owners should do to prepare.
-
ERC Voluntary Disclosure Deadline Is November 22. Should You Come Forward?
The ERC Voluntary Disclosure Program closes November 22. If you claimed the credit and have eligibility concerns, here is how to evaluate whether coming forward makes sense.
-
IRS 2025 Inflation Adjustments Are Out: Key Numbers for Your Business Planning
The IRS released 2025 inflation adjustments: higher standard deductions, bracket shifts, and increased retirement limits. Here are the key numbers for business planning.
-
The 1099-K Threshold Drops to $5,000 for 2024: What Every Online Seller Should Do Now
The 1099-K threshold drops to $5,000 for 2024. If you sell online, here is how to separate personal from business, track your transactions, and prepare for the new reporting rules.
-
BOI Reporting Is Live: A Practical Filing Guide for Small Business Owners
BOI reporting is live and the deadline is January 1, 2025. Here is a practical step-by-step guide to filing your beneficial ownership report with FinCEN.
-
The IRS Is Auditing ERC Claims. Here Is How to Know If Yours Is at Risk.
The IRS is actively auditing ERC claims. Here is how to evaluate whether your claim is at risk and what options are available if you have concerns about eligibility.
-
Tax Season 2024 Opens: What Business Owners Need to Know Before Filing
The 2024 filing season is open. Here are the key deadlines, changes for 2023 returns (bonus depreciation, R&D amortization, mileage rates), and common mistakes to avoid.
-
Year-End Tax Planning for 2023: Key Moves Before December 31
Year-end tax planning for 2023: accelerate expenses, maximize retirement contributions, use 80% bonus depreciation, and review your estimated tax position before December 31.
-
The IRS Is Hiring Thousands of New Agents. What It Means for Your Audit Risk.
The IRS is expanding its enforcement workforce with IRA funding. Here is where the new resources are going and how to protect your business from increased audit risk.
