As the year winds down and 2024 comes to a close, it’s a good time to start thinking about your 1099 filing requirements. Staying on top of this important deadline is key to remaining compliant with IRS regulations, and we’re here to help make the process smooth and...
As many of you are aware, a section of the Corporate Transparency Act mandated that small businesses report information about the business and the individuals in control of it to the federal government. In an important ruling regarding this mandate, on Tuesday,...
As the end of the year approaches, it’s time for business owners to start planning for tax season. Maximizing your deductions is one of the best ways to reduce your taxable income, ensuring you keep more of your hard-earned money. Here are some of the top tax...
Year-end tax planning for businesses involves taking various steps to optimize your tax situation and, ideally, should start well before the end of the year. We recommend beginning the process as early as possible, preferably several months before the end of your...