The official start of the tax filing season is quickly approaching! We are constantly upgrading our processes and seeking ways to better serve you. In preparation for the 2024 filing season, we have enhanced some of our procedures: We encourage you to submit your complete tax information/documentation to us as soon as possible. Returns will…
1099s must be issued and filed by January 31, 2025, to avoid late filing penalties. We must receive the W-9’s you collected and your list of eligible vendors/contractors by January 15, 2025. If we do not receive all the information by this date, we cannot guarantee filing and mailing for the forms by the required deadline. As a courtesy –…
There is a new Beneficial Ownership Reporting that is due for small businesses by January 1, 2025. What is the new requirement? In 2021 a new bi-partisan law was passed requiring substantially all small businesses to register with the Treasury Department’s Financial Crimes (FinCen) Division by the end of 2024. I don’t have a business,…