Journel Accounting & Tax Services

01/01/2026

12/01/2024

Journel Accounting & Tax Services offering FinCEN BOI
January 1 deadline approaching for reporting Beneficial Ownership Information.

Are you one of one of millions of business owners who are affected by the Corporate Transparency Act (CTA)? If so, you may be required to report Beneficial Ownership Information (BOI) to Treasury’s Financial Crimes Enforcement Network (FinCEN). FinCEN has launched a nationwide public service campaign to bring this information to potentially impacted business owners. It is imperative that you are aware of the FinCEN reporting requirements and know where to access additional information. Failure to file (timely or at all) may result in hefty penalties.

02/08/2024

FOLKS BE VERY CAREFUL ON HERE PEOPLE SENDING CODE TO YOUR PHONE TO RESET YOUR PASSWORD.

05/03/2023

MAINTAINING EA STATUS

01/04/2023

https://www.bbc.com/news/business-64159452

The announcement comes just two months after the collapse of FTX sent shockwaves through the industry.

11/03/2022

Covid played it's part......

Now that the novelty, and frankly, some of the fear factor, around AI has begun to fade, we’re entering a generation in which technology will just be better.

10/24/2022

Wonderful strategy when up against the big Kahuna...

Today’s lesson is how to win a valuation dispute with the IRS. I don’t teach much about valuation in my basic tax course. When we work problems involving property, the problems generally tell students to assume a certain fair market value (FMV) for the property. For example, when I teach...

09/09/2022

Whatever structure your clients launched with, at some point, for various reasons, changing structures may become a valid consideration.

09/09/2022

Business change is constant, so it wouldn’t be surprising if, at some point, your clients considered changing their legal structures.