Extended Deadline for Filing BOI with FinCEN Under the CTA
The Corporate Transparency Act (CTA) is once again making headlines. The official January 1, 2025 deadline for filing Beneficial Ownership Information (BOI) reports has...
IRS to Send Unclaimed Stimulus Checks to 1 Million Taxpayers Worth Up to $1,400
The IRS is sending unclaimed stimulus checks worth up to $1,400 to 1 million eligible taxpayers who missed out on the 2021 Recovery Rebate...
IRS Increases the Standard Mileage Rate for Business Use in 2025
The IRS increases the standard mileage rate for business use in 2025, offering taxpayers updated guidelines for calculating deductible vehicle expenses. Starting January 1,...
Federal Court Order Temporarily Halts Beneficial Ownership Information Reporting Requirement
Beneficial Ownership Information (BOI): The U.S. Department of the Treasury has announced that the obligation for companies to file Beneficial Ownership Information Reports (BOIR)...
Beneficial Ownership Reporting: What U.S. Companies Need to Know About FinCEN Requirements
New Reporting Requirement for Beneficial Ownership Information (BOI) For U.S. Companies: Beginning on January 1, 2024, numerous companies will need to disclose Beneficial Ownership...