The Corporate Transparency Act (CTA) is set to significantly impact both domestic and foreign businesses, requiring them to provide Beneficial Ownership Information to the Financial Crimes Enforcement Network (FinCEN). The new law, aimed at combating money laundering and terrorism financing, exempts certain entities and defines beneficial ownership. Read on to understand the implications of the CTA and prepare your business for this regulatory shift.
Darryl Scott, Director of Delaware’s Division of Unemployment Insurance, has announced that incorrect information was sent out in the 2024 UI tax rate letters and an apology has been issued.
Uncover the implications of the DOJ’s new M&A safe harbor policy in our latest article. We dissect the potential risks and opportunities that could come with this change, providing vital insights for businesses. Stay informed and prepared by understanding what these changes could mean for you.
The tax season is here, but don’t worry, we’re introducing TaxCaddy – a new method to submit your tax information to us. This article not only explains how to use TaxCaddy but also offers five practical tips to simplify your tax time. Explore how this modern tool can enhance your tax filing experience.
Are you a high-income earner seeking ways to optimize your retirement savings? Get a full grasp of how the Backdoor Roth IRA can be an effective tool for you.
Section 174 expensing, a return to EBITDA for section 163(j), an extension of 100% bonus depreciation and disaster relief paid for by ending Employee Retention Credits (ERC)
Is your LLC really protecting your personal assets? Learn about the situations where an LLC may not fully safeguard your assets and discover practical measures to avoid them.
If you’re a business owner who mistakenly claimed the Employee Retention Credit, find out how the new IRS Voluntary Disclosure Program can help you rectify the situation. Discover the eligibility criteria, benefits, and application process in our informative video.
Discover the complexities of permanent life insurance and how it can cater to different financial goals and risk tolerances. From fixed interest rates to market-linked growth and investment opportunities, this comprehensive article explores the nuances of fixed, indexed, and variable policies, helping you harness their potential benefits to the fullest.
Insights and best practices on how to navigate the intricate AI environment and drive enhanced growth and efficiency.