As we approach the end of the year, this is a final reminder to ALL clients who have an ownership interest in a legally registered entity (LLC, Corporation, etc.) to register your entity with FINCEN before 12/31/2024: https://fincen.gov/boi This is required, not optional. Penalty for failure to file this Beneficial Ownership Information Report is $500/day […]

Quick reminder for those on extension: Partnerships and S-Corp returns are due by 9/15. Please ensure our office has any outstanding request items by 8/15 to ensure timely filing. Individual returns, C-Corporations, Trust returns are due 10/15. Please ensure our office has any outstanding request items by 9/15 to ensure timely filing. For those of […]

For those of you who are unfamiliar with this, the Corporate Transparency Act was created to require individuals who ultimately own or control a registered entity to file a new registration report with FinCEN (called a Beneficial Ownership Information report). Not to be taken as legal advice, but the important notes that may impact you […]

If you are currently taking advantage of the passthrough entity election, please be sure to make your estimated tax payments. For California clients especially, you have to make the required estimated payment by 6/15/2024 in order to make the PTE election at all. Missing this deadline could be costly, please do not hesitate to reach […]

Some quick reminders for Q2: Estimated quarterly tax payments (Q1 was due 4/15, Q2 is due 6/15) Clients working with us under an advisory engagement – grab time on Brian’s calendar for a quarterly check-in Annual Tax Clients – if a quarterly estimated tax check-in is helpful, reach out to Brian directly