On December 23rd, the Fifth Circuit Court of Appeals granted a DOJ motion to lift an injunction put in place by a Texas district court. With the injunction lifted, BOI filing is due on January 13th, 2025 for most filers. As a result of this ruling, the previous...
As we approach the end of the year, Smith Schafer would like to help you reduce the stress related to filing taxes. It is important to organize your receipts, forms, and other documents well before tax time.
The filing deadline for BOI reporting is January 1, 2025 for entities formed prior to 2024. BOI information needs to be submitted to FinCEN by that date or entities may face penalties of $591 per day.
Tax planning is a vital component of a successful business. A tax plan should be a component of your overall financial goals.
Understanding the best approach to depreciation can be game-changing for your business. Don’t miss out on essential tax savings that could optimize your cash flow. Click to explore effective strategies that business owners are using to enhance their financial outlook.
There comes a time when the demands associated with growth may require a level of support and experience that exceeds what internal resource capabilities can offer.