As part of the Corporate Transparency Act passed by Congress in 2021, FinCEN (Financial Crimes Enforcement Network), a bureau within the U.S. Department of Treasury, on 1 January 2024, launched the website https://fincen.gov/boi. for U.S. businesses to report who individuals who directly or indirectly own or control a company. FinCEN has created a Frequently Asked Questions […]
BOI – Beneficial Ownership Information Reporting Read More »
Major life changes combined with constantly changing tax laws have many taxpayers in the market for a tax professional. Understandably, taxpayers stress during the process of collecting documents and finding a professional that they can trust with their personal and financial information to properly prepare and file their federal and state tax returns. Many ask
Key Questions You Should Ask When Selecting A Tax Professional Read More »
The Inflation Reduction Act (IRA) signed by President Biden Aug. 16 includes a variety of tax provisions that will impact U.S. businesses and individuals. While some of the changes have received a great deal of media attention, others may come as a surprise to those who have not been following the legislative process closely. Generally,
Inflation Reduction Act Read More »
The IRS has issued Notice 2023-10 announcing the 2022 tax year as a transition period for reporting requirements for third party settlement organizations and payment platforms such as Venmo, PayPal, Amazon, eBay, Square, Zelle, Etsy and CashApp for reporting proceeds or income to an individual that exceeds $600. Before the new $600 threshold, an individual
IRS Delays $600 Threshold for 1099-Ks Read More »
Virtual tax filing is available in the comfort of your home. We provide encrypted file uploading, virtual consultations, e-signing for tax documents and electronic filing of tax returns to the IRS and state agencies.
Virtual Tax Filing Read More »
This is a tax update of the most common changes and information to know for filing your 2021 individual tax returns in 2022.
Tax Update – What’s New For Your 2021 Tax Return Read More »
The end of 2021 is nearing, and you are contemplating tax strategies and planning how to minimize income tax liability for either this current tax year and/or future tax years. You may have heard from financial institutions, friends and/or family encouraging you to convert a Traditional IRA into a Roth IRA. Well, should you? The
Should You Consider a Roth Conversion? Read More »
529 plans are an essential part of strategizing your financial plan to maximize both federal education credits and tax savings on earning.
Strategizing Your 529 Plan Read More »
The Free Application for Federal Student Aid (FAFSA) for the 2022-23 academic year became available on 1 October 2021. Now is the time to take advantage of completing your student(s) application for priority consideration by the academic institution your student(s) are attending.
FAFSA Enrollment Is Now Open Read More »
For identity protection, taxpayers are encouraged to obtain an Identity Protection PIN (IP PIN) from the IRS to protect against fraudulent returns.
Taxpayers Are Encouraged to Obtain IP PINs (Identity Protection PIN) Read More »
TAX SEASON: JANUARY 1 – APRIL 15
MONDAY-THURSDAY: 9 AM – 7 PM
FRIDAY-SATURDAY: 9 AM – 5 PM
APRIL 15 – DECEMBER 31
MONDAY-FRIDAY: 9 AM – 5 PM
SATURDAY-SUNDAY: CLOSED
Closed on November 28, December 24/25, December 31, and January 1
