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...
Business Owners: Changes to Commercial Activity Tax Explained
You may have received a letter regarding your CAT Tax account. Beginning on January 1, 2024, the commercial activity tax (CAT) annual minimum tax is eliminated, and the exclusion amount is increased from $1 million to $3 million. Therefore, taxpayers with taxable...
Take Care When Mailing Checks – “Check Washing” Is On the Rise
With crimes against postal carriers, checking washing, and thefts from blue USPS mailboxes on the rise, the U.S. Postal Service recently recommended using caution when mailing checks. If you must mail a check, the postal service strongly recommends depositing your...
Wondering About the Impact of Inflation on Your Business?
Sam Agresti, director at Brady Ware & Company, suggests ways businesses can stay ahead of inflation-driven changes, including culling unprofitable/difficult clients, streamlining your service offerings or working with an analyst to take a hard look at your real...