Corporate Transparency Act: What Businesses Need to Know for 2024 and Beyond
November 19th, 2024
Starting January 1, 2024, the Corporate Transparency Act (CTA) introduces a new federal reporting requirement impacting many business entities. If you operate a Limited Liability Company (LLC), an LLC taxed as an S-Corp, a Corporation, or other entities registered with the Secretary of State, this law now mandates you to disclose specific personal information about your business’s […]
2023 Extension Request Due April 15, 2024
April 8th, 2024
2023 Extension Request Due April 15, 2024 Please request an extension if your 2023 individual, single-member LLC, or C corporation filings will not be complete by 4/15/24. We cannot assume that you need an extension. If you are requesting an extension, remember it is an extension of time to file and not an extension of […]
IRS 2O22 E-Filings Open
February 6th, 2023
The IRS and the state of CA have started accepting 2022 e-filings. It’s not too soon to schedule your in-person or virtual tax appointment for your 2022 tax year preparation! Contact us with any questions, to review our virtual tax process, and with requests for 2022 tax organizers. Send 2022 1099 Forms to Independent Contractors by January 31st, 2023. Issue 1099s […]
Schedule Your ’22 Tax Planning Conference
November 2nd, 2022
Happy November and best wishes for a memorable holiday season. We still have a few weeks for tax planning, then we’ll get into holiday mode and start looking forward to a great 2023! There are a couple of weeks left to project your 2022 tax results and make tax-saving decisions. Whether you simply wish to anticipate […]
GIG ECONOMY TAX GEMS
February 16th, 2022
“Gig Economy” – A labor market of self-employment, freelance, short-term contracts as opposed to permanent employment. The term “gig” is borrowed from performing artist appearances. Whether you are transitioning to the gig economy or just dabbling in a side business there is a bit of a learning curve. We’ll share two important bits of information […]