CATEGORIES
SME CPA BLOG
ARCHIVE
Updated as of March 6, 2025: Tax laws continue to evolve under the current administration, making it more important than ever to stay informed for effective financial and tax planning. Here are the latest developments you should be aware of to ensure your plans remain on track. Staying on top of these changes can feel…
Read More
As of 12/26/2024, the BOI Reporting Deadline has been temporarily suspended. More info on changing regulations can be found here: https://fincen.gov/boi The clock is ticking for over 32 million businesses as they prepare to meet the Beneficial Ownership Information (BOI) reporting requirements. These regulations, introduced by the Corporate Transparency Act (CTA), are designed to prevent financial…
Read More
Scams during tax season are not a new subject. Every year, tax scams become more believable and every corporation and individual needs to be aware before they fall into the trap of paying unnecessary fees. Scam mailers can be close to an exact replica of government forms and use verbiage to try to convince the…
Read More
In early 2016, the Department of Labor announced an update to overtime regulations that will make some currently exempt employees eligible for overtime pay later this year. The new Fair Labor Standards Act overtime rules state: Workers who do not earn at least $47,476 a year ($913 a week) will have to be paid overtime,…
Read More