What is Beneficial Ownership Information Reporting? Beneficial Ownership Information (BOI) reporting is a federal requirement by the Corporate Transparency Act (CTA). BOI reports include information about all the company’s beneficial owners. Who is considered a Beneficial Owner? A beneficial owner is any individual who, directly or indirectly, exercises substantial control over a reporting company or owns or controls at least 25 percent of the company’s ownership … [Read more...] about Beneficial Ownership Information Reporting Under the Corporate Transparency Act
Archives for January 2024
How Apple Pay and Google Pay Can Boost Your Tax Refund in 2024
Effortless Expense Tracking Explore how the seamless integration of Apple Pay and Google Pay with budgeting apps can simplify expense tracking. Efficient record-keeping can help you identify potential deductions and credits, ultimately contributing to a larger tax refund. Cashback Rewards for Taxable Spending Delve into the cashback and reward programs offered by these digital wallets. Learn how strategic spending can lead to cashback rewards that, when optimized, can add a welcome … [Read more...] about How Apple Pay and Google Pay Can Boost Your Tax Refund in 2024
2024 Tax Planning Secrets: Stay Informed, Stay Tax-Efficient
As we approach the new year, it's crucial for individuals and businesses alike to proactively plan their finances, with a particular focus on minimizing tax liabilities. In this comprehensive guide, we'll unveil the most effective and little-known tax planning secrets for 2024. By staying informed and implementing these strategies, you can navigate the evolving tax landscape with confidence and optimize your financial standing. Early Assessment for Year-End Gains Explore the benefits of … [Read more...] about 2024 Tax Planning Secrets: Stay Informed, Stay Tax-Efficient