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15 January 2024

The 2024 tax filing season commences on January 29, as announced by the IRS, introducing significant enhancements to aid taxpayers. This period marks the start of accepting and processing 2023 tax returns, affecting over 128 million individuals.

22 December 2023

Identity theft is a significant threat in today's digital age. It involves the unauthorized use of personal information, like your name, Social Security number, or credit card details, for fraudulent purposes. This crime can severely impact your financial life, leaving your bank accounts, credit profile, and personal identity at risk.

20 December 2023

As tax season approaches, it's crucial for both businesses and individuals to prepare effectively. This guide offers key insights to ensure a smooth tax filing process.

15 December 2023

The announcement by Intuit that they will no longer sell new subscriptions of QuickBooks Desktop after July 31, 2024, has put many small business owners and sole proprietors in a dilemma. While existing subscribers can continue their subscription, the fact remains that eventually, QuickBooks Desktop will be phased out. In this article, we will delve into the question of whether it is the right time to transition away from QuickBooks Desktop. Additionally, we will thoroughly examine the available alternatives and explore the various options at your disposal.

15 December 2023

The Corporate Transparency Act (CTA) introduces significant reforms to enhance financial transparency in the United States. This legislation requires specific U.S. entities to report beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department. Aimed at combating money laundering, financing of terrorism, and other illicit activities, the CTA represents a substantial change in the regulatory landscape for American businesses.

07 December 2023

The IRS has released several announcements in November 2023, including the Energy Credit Online tool for clean vehicle sellers, the 2024 tax inflation adjustments, and the delay in the Form 1099-K reporting threshold.

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