Author name: Kimberlyn Smith

FinCEN Beneficial Ownership Information Reporting

Effective January 1, 2024, businesses that are defined as an eligible reporting company are now required to comply with Beneficial Ownership Information (BOI) reporting. This reporting obligation is required by the Financials Crimes Enforcement Network (FinCEN) which is a part of the U.S. Department of the Treasury. Note this is not a tax requirement or […]

FinCEN Beneficial Ownership Information Reporting Read More »

Year-End Accounting & Tax Planning Tips for Business Owners

As the year-end approaches, business owners are gearing up not just for celebrations but for a strategic assessment of their financial landscape. Beyond the festivities, it’s time to delve into the crucial realm of year-end accounting and tax planning. There are some strategies that can help you reduce your tax liability, optimize your cash flow,

Year-End Accounting & Tax Planning Tips for Business Owners Read More »