How To File The Beneficial Ownership Information ReportIn order to file your BOI report, go to the following website on your browser: https://boiefiling.fincen.gov/fileboir Read the...
Corporate Transparency Act-Beneficial Ownership Information Reporting RequirementThe following article is written from a publication by the AICPA Starting January 1, 2024, a significant number of businesses will be...
Individual Income Tax Return Penalties & InterestThe IRS imposes various penalties on taxpayers for different reasons. Many taxpayers believe that by filing an extension in April, they...
Georgia Pass Through Entity Level Income TaxFor tax years starting January 1, 2022 and later, Georgia has enacted a new regime designed to help owners of pass through entities...
Home Office Expense DeductionThe IRS allows business entities to deduct home office expenses. If a taxpayer has a room in their home solely devoted to business use...
Accountable PlanAn accountable plan is a plan that a company uses to reimburse its employees. If these plans adhere to IRS rules and regulations, the...
Business Miles DeductionThe IRS allows S Corps, Schedule C taxpayers, Partnerships, and C Corporations to deduct business mileage. In order to deduct business...
2021 New Client OrganizersIf you are a new client, please use our client portal to upload your most recently filed tax return(s). You can use the guest exchange....
Deduction of Business MealsUPDATE: As part of the stimulus bill passed in December 2020, businesses may deduct 100% of business meals in 2021 and 2022 if the meals...
PPP Loan Simplified Forgiveness ApplicationCongress recently passed a law simplifying the PPP forgiveness application process. Borrowers that received less than $50,000 in loan...