Tax Prep CPA

Income taxes, sales taxes, payroll, books, and financial statements preparations. Tax planning. Incorporate your business.

01/18/2024

New Filing Requirements!

Existing Companies Have One Year to File; New Companies Must File Within 90 Days of Creation or RegistrationWASHINGTON – Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports. The bipartisan Corporate T...

12/16/2023

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

You may qualify for a clean vehicle tax credit up to $7,500 if you buy a new, qualified plug-in electric vehicle or fuel cell electric vehicle.

12/16/2023

https://www.irs.gov/newsroom/irs-provides-tax-inflation-adjustments-for-tax-year-2024

IR-2023-208, Nov. 9, 2023 — The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes.

11/15/2023

Are you ready? The Corporate Transparency Act becomes effective Jan 1, 2024

The effective date of the Corporate Transparency Act is fast approaching on January 1, 2024, and companies are looking for more information on it.

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