As we approach the end of the year, Smith Schafer would like to help you reduce the stress related to filing taxes. It is important to organize your receipts, forms, and other documents well before tax time.
Year-end is the time to finish out one year while planning for the next. As the end of 2021 approaches, we want to remind you of various payroll and Form 1099 related changes, as well as other items to consider when processing your year-end forms.
The filing deadline for BOI reporting is January 1, 2025 for entities formed prior to 2024. BOI information needs to be submitted to FinCEN by that date or entities may face penalties of $591 per day.
Understanding the best approach to depreciation can be game-changing for your business. Don’t miss out on essential tax savings that could optimize your cash flow. Click to explore effective strategies that business owners are using to enhance their financial outlook.
Sales and use taxes can be the most complicated tax obligations for many businesses. Here are the new taxes and increases you need to be aware of.
Are you required to charge or collect the new “Minnesota Retail Delivery Fee”?
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