Beginning in 2025, State law requires that most businesses file an Annual Report. The new annual report filing requirement replaces
As announced in a Treasury release earlier this month (see related post), FinCEN has issued an interim final rule narrowing
In a recent press release, The U.S. Department of the Treasury has announced that it will not enforce fines or
FinCEN issued a press release yesterday, announcing a suspension of enforcement actions and a moratorium on fines and penalties until
Once again, the Corporate Transparency Act (CTA) reporting requirements are back in effect. As of January 27, 2025, reporting companies
In the world of real estate investing, business owners often face a significant capital gains tax expense. A property owner
UPDATED 1/27/25 It has been a crazy and confusing month for business owners who may have already been unclear about
The U.S. Court of Appeals for the Fifth Circuit has lifted the nationwide injunction against the enforcement of the Corporate
Following a district court ruling that placed a preliminary injunction on enforcement of the Corporate Transparency Act (CTA) and its
The Federal Corporate Transparency Act (CTA), which was passed in early 2021, requires certain reporting entities to file information about
Early this year, the Internal Revenue Service rolled out a new program called Direct File, a free tax tool that
On October 22, 2024, The Internal Revenue Service announced inflation adjustments for the coming tax year of 2025. The adjustments
