Blog
End-of-Year Charitable Deduction Opportunities
If you're considering making charitable donations this year, contributing to a Scholarship-Granting Organization (SGO) could be beneficial. Ohio residents can receive a nonrefundable, dollar-for-dollar tax credit up to $750 (or $1,500 for married couples filing...
The BOI Injunction
The Corporate Transparency Act (CTA) requires all LLCs to file Beneficial Ownership Information (BOI) with the Financial Crimes Enforcement Network (FinCEN). This filing must be completed by December 31, 2024, for LLCs started prior to 2024, and within 90 days from...
Will You Be Receiving A Form 1099-K in January? Here’s What You Need to Know!
Taxpayers who have received payments via third-party payment processing platforms (such as PayPal, Stripe, Venmo, and CashApp) for selling goods or services might be surprised to receive a Form 1099-K in January. We suggest reviewing the following information to make...
Happy Thanksgiving!
N&Co will be closed for the Thanksgiving holiday, beginning this Tuesday, November 26th at 3:30 pm and will remain closed through the week. We will be back in the office Monday, December 2nd, to assist you with any end-of-year tax planning needs. We wish you and...
2024 Individual End-of-Year Tax Planning Guide
If you’re concerned about a potential April tax liability, it might make more sense than ever to do some tax planning before the year ends. Also, we strongly encourage you to reach out to us if you’ve experienced any of the following major life events this year:...
What Another Trump Presidency Means for Tax Policy in 2025 and Beyond
With President-elect Donald Trump winning a second term in the November 5 election, we have a clearer picture of what tax policies will be at the forefront of discussions as we head into 2025 and the scheduled expiration of many Tax Cuts and Jobs Act (TCJA)...
Continuing Professional Development to Better Serve Our Clients
Last week, Siraj and Adam attended Thomson Reuters' annual Synergy conference. It is at dynamic events like this where we compare best practices with our peers, dig deep into technology and data security trends, and hone our professional skills. Professional...
Now Is An Excellent Time For Tax Planning
If you have experienced a major life event, for instance retirement, marriage, divorce, birth of a child, change in personal or business income, sale of property, etc., contact us to identify time-sensitive tax-savings opportunities for 2024 and perhaps 2025, as well....
