The deadline is fast approaching for many small businesses to file beneficial ownership information reports. Here’s a brief reminder of who must report and how to do so.
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A federal court has struck down a new rule regarding the salary threshold for determining whether employees are exempt from federal overtime pay requirements.
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Implementing tax-reduction strategies now can pay off the next time your company files its tax return.
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How might President-Elect Trump’s policies affect your taxes going forward?
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Concerned about your 2023 tax liability? Consider these year-end tax planning strategies.
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The IRS has created a path that businesses can use to withdraw unprocessed ERTC claims if they determine the claims are invalid.
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With fraudulent Employee Retention Tax Credit claims on the rise, the IRS has suspended claim processing through year end.
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The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.
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Beware of fraudsters hyping the Employee Retention Tax Credit! Not all businesses are eligible despite the claims you may be hearing on TV or in mail, phone and email solicitations.
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Some taxpayers can look forward to receiving transitional relief from the IRS related to the required beginning dates for taking required minimum distributions from retirement plans.
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If you do business with virtual currency, it’s time to bone up on related tax requirements. The IRS is paying closer attention.
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With a financial crisis averted, let’s take a look at the highlights of the Fiscal Responsibility Act.
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