The Tax Guy, John Charbonneau

04/03/2025

FYI

02/06/2025

12/03/2024

We hope you are well this holiday season. You are required to report certain information on your Company's beneficial owners to the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) by December 31, 2024. Certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States must report information about their beneficial owners (the persons who ultimately own or control the company) to FinCEN.

Besides the Company data required, information must be provided on any individual who owns more than 25% of the Company.

Fines for failure to file are $591 per day, up to a maximum of $10,000.

You can file your report here:

https://boiefiling.fincen.gov/

If you'd like us to prepare the filing on your behalf, our fee is $200 per entity. We would need the following information for exiting clients and a few additonal things if you're not a client:

1.) A copy of your driver's license and anyone who owns 25% or more of the Company drivers license emailed to us.
2.) Let us know if your business or home address has changed since your last tax return filing.

Please have your information to us by December 27, 2024 to esnure your report is filed on time.

Thank you,

03/23/2023

Numbers people will get it...

02/18/2023

https://www.yahoo.com/finance/news/tax-refunds-shrink-even-more-versus-last-year-latest-irs-data-shows-215352674.html

The average refund amount was $1,997, down 14% from $2,323 during the same period last year.

01/30/2023

These days are pretty much here...

😂

01/30/2023

Clients have started receiving refunds. Contact us today to get yours on it's way!

Image from Forbes.

01/12/2023

The IRS will start accepting e-filed tax returns on January 23, 2023!!

You can send us your information before that and we can prepare your taxes and have them ready to go when the IRS opens!

Thank you!

01/12/2023

ATTENTION NEW JERSEY RESIDENTS:

If you are/were a home owner in 2019 making up to $250k annually or a renter making up to $150k annually, you are eligible for NJ Homestead Anchor Benefits! Apply here:

https://www.nj.gov/treasury/taxation/anchor/index.shtml

10/25/2022

https://www.reuters.com/markets/us/fed-hike-by-75-bps-again-nov-2-should-pause-when-inflation-halves-economists-2022-10-25/

The U.S. Federal Reserve will go for its fourth consecutive 75 basis point interest rate hike on Nov. 2, according to economists polled by Reuters, who said the central bank should not pause until inflation falls to around half its current level.

04/18/2022

https://www.yahoo.com/news/tax-day-extension-may-better-092720448.html

Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms. For comparison, last year more than 169 million people completed an income tax return by the end of the...