1/1/25
IMPORTANT UPDATE: Preliminary Injunction Reinstated, Reporting Requirements Under Corporate Transparency Act Halted….. For Now
On December 26th the merits panel of judges on the U.S. Court of Appeals of the Fifth Circuit vacated the...
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12/11/24
IMPORTANT CORPORATE TRANSPARENCY ACT (BOI) REPORTING UPDATE: Texas Federal Court Blocks Enforcement of Reporting Requirements Under Corporate Transparency Act (BOI) Nationwide
On December 3rd, less than one month before the January 13th deadline for the filing of initial Beneficial Ownership Reports...
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12/21/23
New FinCEN Reporting Obligation starting January 1, 2024
In 2021, Congress passed the Corporate Transparency Act (CTA). This act represents a significant change in the regulatory landscape for...
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11/30/23
Important Update Regarding the Corporate Transparency Act (CTA)
Dear Valued Clients, Re: Important Update Regarding the Corporate Transparency Act (CTA) I hope this letter finds you well. At...
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10/27/23
IRS Issues Warning About Fake Charities
In a recent news release, the IRS issued a warning to taxpayers to be careful about donating to fake charities....
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9/29/23
IRS Halts Processing on ERC Tax Break Claims
The IRS announced on September 14 that it will be temporarily halting processing on claims for the employee retention tax...
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3/30/23
Five Things You Should Know About Calling the IRS
If you have tax troubles or questions, one potential source of help is to call the Internal Revenue Service’s help...
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3/30/23
Five Things You Should Know About Filing an Extension For Your Taxes
It is estimated that as many as 19 million people filed extensions for their tax returns last year, according to...
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2/27/23
Congress’ Decision on SALT Cap Could Affect Long Island Homeowners
Republicans in Congress are attempting to extend the tax cuts that were implemented by former President Donald J. Trump, but...
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9/28/21
NYS PTET Memo
What is the NYS PTET (“Pass-Through Entity Tax”) (NYS Technical Memorandum TSB-M-21(1)C)? The NYS PTET is a tax paid through...
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