Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...
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Business
12/13/2024
Year-End Tax Planning: Tax credits for Energy Efficiency and EVs
The Inflation Reduction Act (IRA), enacted in 2022, created several tax credits aimed at promoting clean energy. If you have...
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Tax
12/13/2024
Charitable Donations from Your IRA: A Tax-Saving Advantage for Seniors
Have you reached the age of 70½ and are looking for ways to save on tax? If so, qualified charitable...
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Tax
12/04/2024
Breaking: Texas Court Ruling Puts a Temporary Stoppage of Corporate Transparency/BOI Filings
Update 3/25/25: On March 21st, FinCEN issued interim guidance for US business owners regarding BOI filing requirements. This guidance removed...
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Business
11/26/2024
Small Businesses – Important Filing Requirement !! New Rules Require Beneficial Ownership Reporting to FinCEN
Update 2/18/25 : BOI reporting is back on. The US District Court granted a stay in the Smith v US...
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Business
11/26/2024
Deductibility of Interest
Not all interest that an individual pays is deductible. The rules for deducting interest vary, depending on whether the loan...
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Tax
11/15/2024
A Manufacturer’s Guide to the R&D Tax Credit
The Research and Development Credit (R&D) can be a very beneficial tax credit for manufacturers and a wide range of...
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Business
11/14/2024
IRS TIN Matching Service Can Save You Time & Money
The IRS requires payors who remit payments to vendors (ex. self-employed contractors) to obtain a name and tax ID number...
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Business
11/14/2024
IRS Implements Changes to Increase Accuracy of 1099 Filings
For years the IRS focused on the accuracy of W-2s in reporting income. Employers were required to have an employee...
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Business
11/11/2024
FAQs: Beneficial Ownership Information and Corporate Transparency Act
Update 3/3/25: On March 2, 2025, the U.S. Department of the Treasury announced that it will no longer enforce the...
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Business
11/08/2024
Beneficial Ownership Information Reporting Resources for Small Businesses
Update 3/3/25: On March 2, 2025, the U.S. Department of the Treasury announced that it will no longer enforce the...
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Business
11/04/2024
Sales and Use Tax Basics for Construction Contractors in WI
The construction industry in Wisconsin is comprised of a wide variety of businesses. Commercial general contractors, specialty subcontractors in multiple...
