by admin | Oct 26, 2024 | Small Business
The Beneficial Ownership Information (BOI) filing requirement is relatively new, and failing to meet the deadline can lead to potential consequences, including fines. The penalties vary based on the duration of non-compliance and the circumstances, but here are the...
by admin | Oct 26, 2024 | Small Business
The Beneficial Ownership Information (BOI) filing requirement is a critical part of the Corporate Transparency Act (CTA), which aims to improve transparency in the business sector and combat financial crimes like money laundering and tax evasion. The Financial Crimes...
by admin | Oct 24, 2024 | Small Business
As a self-employed small business owner, every penny counts. One of the easiest ways to save money and reduce your tax burden is by taking advantage of the mileage tax deduction. This often-overlooked tax benefit can provide significant savings, especially for...
by admin | Oct 24, 2024 | Small Business
As a small business owner, choosing the right business structure can significantly impact your taxes, liability, and long-term success. For many entrepreneurs, the decision often boils down to two popular options: operating as a sole proprietorship or forming an...