The Corporate Transparency Act (“CTA”) passed by Congress in January of 2021, will add yet another disclosure filing requirement for small businesses. The Financial Crimes Enforcement Network, also known as FinCEN, which processes FBAR filings, is now tasked with...
Taking A Cooperative Approach To Your Legal Issues
Month: December 2022
Being tax-efficient with your small business
You worked for other companies for a number of years. While this helped you to acquire a number of skills and contacts, you’ve always wanted to go it alone. Consequently, you set up a small business. Being your own boss comes with a number of advantages, but it also...
What does business tax fraud look like?
Running your own business can be profitable and extremely rewarding. Nonetheless, it also comes with big responsibilities. One of your main legal duties will be to pay your tax contributions when required to do so. A willful failure to honor your tax obligations...