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IRS in the Doghouse: Misses Deadline for IRA 2022 Plan
IRS Misses Own Filing Deadline for $80 Billion Plan – Taxpayers Beware!” The IRS has missed its deadline to tell the Treasury how it will spend its $80 billion allocation from the Inflation Reduction Act. As a result, taxpayers are left wondering how the money will be used, with many questioning the IRS’s ability to…
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The Secretive Investment Fund with $124 Billion in Assets: Ensign Peak Advisers
SEC Charges The Church of Jesus Christ of Latter-day Saints and Its Investment Management Company for Disclosure Failures and Misstated Filings https://www.sec.gov/news/press-release/2023-35 Ensign Peak Advisers, Inc (EPA), a non-profit investment firm managed by The Church of Jesus Christ of Latter-day Saints (LDS), made headlines this week when the US Securities and Exchange Commission (SEC) charged…
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Tax Season 2023: What Changed for Business Owners Filing 2022 Returns
Filing season 2023 brings changes: last year of 100% bonus depreciation, mandatory R&D amortization, delayed 1099-K threshold, and new clean vehicle credit rules.
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FinCEN Finalizes BOI Reporting Rules: What Every Small Business Owner Needs to Know
FinCEN finalized BOI reporting rules under the Corporate Transparency Act. Most small businesses must report beneficial owners starting January 1, 2024. Here is what to prepare.
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FinCEN finalizes Beneficial Owner Reporting Requirements
Update (April 2026): FinCEN ruled on March 26, 2025 that all domestic entities (U.S. corporations, LLCs, and partnerships) are exempt from Beneficial Ownership Information (BOI) reporting. The filing requirements and penalties described in this article no longer apply to domestic companies. Foreign entities should check current FinCEN guidance. Read our full update here. FinCEN Announces…
