FinCEN Removes Beneficial Ownership Reporting Requirements
This article is adapted from a FinCEN Update from March 21, 2025. Consistent with the U.S. Department of the Treasury’s…
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How a Business Owner’s Home Office Can Result in Tax Deductions
As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income.…
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Questions About Taxes and Tips? Here Are Some Answers for Employers
Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include…
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Taming the Tax Tangle if You’re Retiring Soon
Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a…
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Many Business Tax Limits Have Increased in 2025
A variety of tax-related limits that affect businesses are indexed annually based on inflation. Many have increased for 2025, but…
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Looking Ahead to 2025 Tax Limits as You Prepare to File Your 2024 Return
Chances are, you’re more concerned about your 2024 tax return right now than you are about your 2025 tax situation.…
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The Standard Business Mileage Rate Increased in 2025
The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage…
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Saving for College: Tax Breaks and Strategies Your Family Should Know
As higher education costs continue to rise, you may be concerned about how to save and pay for college. Fortunately,…
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Maximize Your 401(k) in 2025: Smart Strategies for a Secure Retirement
Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for…
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Understanding the Work Opportunity Tax Credit
According to the U.S. Bureau of Labor Statistics, the unemployment rate continues to be historically low, ranging from 4.0% to…
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Will You Need to Report BOI? Here’s Where We Are
The Corporate Transparency Act (CTA), enacted as an anti-money laundering measure, requires that US entities that existed before 2024 disclose…
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FinCEN Extends Beneficial Ownership Reporting Requirement Deadline for Certain Reporting Companies
In light of a recent order by the Fifth Circuit released on December 23, 2024, reporting companies are once again…
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