In a bid to enhance financial transparency and thwart illicit financial activities, Congress passed the Corporate Transparency Act in 2021. This pivotal legislation introduces a beneficial ownership information reporting requirement, compelling U.S. companies to...
Many taxpayers are familiar with W-2’s. You likely received one when you worked your first job. As you get older, it is common for your taxes and the paperwork surrounding your taxes gets more complicated. Maybe you make some investments, begin saving for retirement,...
Navigating the intricacies of tax deadlines is a crucial aspect of financial planning for businesses and individuals alike. As we step into the fiscal landscape of 2024, it becomes paramount to stay informed about the key dates that can significantly impact your...
As we approach the end of another fiscal year, it’s time for business owners to reflect, plan, and make strategic decisions that can have a significant impact on the financial health and success of their ventures. In this blog post, we’ll explore key...
Roth IRAs Roth IRAs have become an important part of Americans’ retirement planning since their introduction in 1997. By 2022, contributions to Roths outpaced those to traditional IRAs by almost 2 to 1. As a tax-advantaged retirement account, a Roth IRA is funded...
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