
Trusts…Be Wary of the CTA’s BOI Reporting Requirements
The Corporate Transparency Act (CTA) that was enacted by Congress in 2021 to combat money laundering and other financial crimes by requiring disclosure of the
The Corporate Transparency Act (CTA) that was enacted by Congress in 2021 to combat money laundering and other financial crimes by requiring disclosure of the
There has been a lot of press lately about beneficial ownership information (BOI) reporting required by the U.S. Treasury’s FinCEN unit. For many businesses, reporting
Well, it is officially 2024. Happy New Year! Since 2023 has ended, so has your 2023 tax planning, right? Not necessarily. For trusts and estates
In a move aimed at modernizing reporting processes, the New York State Charities Bureau implemented online filing requirements for the CHAR500 in September of 2022.
Deservedly, tax-loss harvesting receives a lot of attention when it comes to tax planning strategies. The idea is relatively simple on the surface – obtain
Does the order of names on your joint federal income tax returns provide any insight into you and your partner? This was the subject of
As tax professionals, it seems like we see at least a few situations each year where we ask ourselves if our client’s business is actually
You did your research and got some advice, and you already know that you need to file a gift tax return this year. You also
With most virtual currencies prices down significantly year-to-date, and the collapse of large companies in the industry such as FTX, taxpayers may be wondering how