October 2024
IRS Encourages All Taxpayers to Sign Up for an IP PIN for the 2025 Tax Season
As the 2025 tax season approaches, the IRS encourages all taxpayers to take an important step to safeguard their identity by signing up for an Identity Protection Personal Identification Number (IP PIN). This simple yet [...]
Advantages of Keeping Your Business Separate from its Real Estate
Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating [...]
Can Homeowners Deduct Seller-Paid Points as the Real Estate Market Improves?
The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers may now have an opportunity to attain their dreams of purchasing property. “The recent development of lower mortgage [...]
Upcoming Beneficial Ownership Reporting Requirement under the Corporate Transparency Act (CTA)
Starting January 1, 2024, most U.S. entities must comply with the Corporate Transparency Act's (CTA) Beneficial Ownership Information (BOI) reporting requirement, implemented by FinCEN to enhance financial transparency and combat crime. This requirement mandates corporations, [...]
National Cybersecurity Awareness Month Reminder: IRS and Security Summit Online Safety Tips
As National Cybersecurity Awareness Month ends and preparation for next tax season begins, the Internal Revenue Service and its Security Summit partners today reminded taxpayers to be wary of online threats like identity theft and fraud. [...]
2024 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply [...]