BOI Report Update!!!
Well, FINALLY, the FinCEN has put out a “final” announcement about the Beneficial Owner Information Report. Immediate Release March 21,...
No Penalties!?!
More news on the BOIR! FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines...
BOI Reporting and Do I Need To Do It?
It is required, it isn’t, it’s required, it isn’t… WELL HOW DO WE KNOW??? First, what is BOI? This is a requirement first set our by the...
Do you use Venmo, CashApp, Paypal, etc?
The IRS calls these third-party settlement organizations (TPSOs). American Rescue Plan Act of 2021 mandated that any TPSO showing...
IRS warns about misleading claims of non-existent Self Employment Tax Credit
The IRS issued a consumer alert following bad advice circulating on social media about a non-existent Self Employment Tax Credit that’s...
