Partnership tax filing checklist: More data requests, audits and complexity
Partnerships in tax year 2023 face new reporting requirements, detailed information demands and a sharp increase in the IRS’ enforcement efforts.
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Financial reset: strategizing for a prosperous year ahead
Set your financial targets for the year with this comprehensive guide that uses the SMART framework. Learn about strategies for debt repayment, evaluating your emergency fund, and early tax planning. If you need more guidance, our office is ready to provide personalized advice.
Understanding the Form 8300 e-filing requirements for cash transactions over $10,000
Understand the IRS’s new e-filing system for Form 8300, designed to simplify the reporting of cash transactions over $10,000. Learn who must file, the e-filing requirements, and how to apply for a waiver if e-filing is challenging for your business.
Could outsourcing payroll be a good choice for your business?
Outsourcing payroll, also known as managed payroll, can decrease risk, increase accuracy, protect sensitive data and improve business continuity.
Policy changes: Social Security Administration’s new approach to overpayments
The Social Security Administration’s approach to overpayments is changing, bringing potential changes to your benefits. Explore these policy changes and how they may help you retain more of your monthly checks.
Proactive Tax Strategies for High-Earning Taxpayers
The IRS has issued clear warnings about its increased scrutiny of high-net-worth individuals, especially those using risky tactics to reduce tax obligations. This video provides strategies for optimizing your financial situation while staying within the bounds of the law.
Credits and incentives available to retirement plan sponsors
Employers with less than 100 employees who have recently adopted or are considering a retirement plan have a tax savings opportunity.
Mitigating the Risk of Deepfake Fraud
With the rise of AI, deepfake fraud is on the rise, resulting in significant financial losses for companies. Explore the need for increased employee education and enhanced security measures. Reach out to us to learn how to protect your organization against these sophisticated cybercrimes.
Fed holds rates steady as it implies three rate cuts in 2024
The primary takeaway from the Federal Open Market Committee’s policy statement and forecast is that the Fed, along with other major central banks.
Recent changes: retirement plan eligibility for long-term part-time employees
As of 2024, certain long-term part-time employees are eligible to participate in 401(k) plans. This article provides a detailed understanding of the changes to retirement plan rules brought about by the SECURE Acts.