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Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.

Starting January 1, 2024, you may be required to report information about the individuals who own or control your company to the U.S. Department of Treasury’s Financial Crimes Enforcement Network, also known as FinCEN.

While certain companies will be exempt from this reporting requirement, most businesses formed in the United States will have to submit this information on or before the deadline. It is VERY important that you understand the process — because the last thing anyone wants is the Department of Treasury coming after them! So let’s dive in.

As we come out of the pandemic, you may be traveling again for business. There are a number of rules for deducting business travel expenses. Here are some of them.

Now is the time to review annual payroll reporting requirements. In this post, we’ll cover 1099 reporting and fringe benefits.

Due to the rising cost of healthcare, your business may be interested in providing some of the benefits of a health savings account to their employees.

For small business owners with no employees (except a spouse) looking to establish a retirement plan, a solo 401(k) is worth considering. This option is also suitable for self-employed individuals or business owners wanting to upgrade from a SIMPLE IRA or SEP plan. A solo 401(k), also called an individual 401(k), may offer benefits in

As we near 2025, the Social Security wage base is set to change. The Social Security Administration has revealed that the wage base for calculating Social Security tax will rise to $176,100 in 2025 (up from $168,600 in 2024). Earnings and self-employment income above this threshold won’t be subject to Social Security tax. For businesses

Looking for funding to help you grow your new business? Maybe you need to invest in expensive equipment or need access to working capital to expand your current services. While an injection of cash can be helpful for accelerating growth, there are several important things to consider before taking out a startup business loan.

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability and estate planning advantages, separating real estate ownership from the business may be a wise choice. How taxes affect a sale Businesses that are formed

Here are some of the key Q4 tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements.

September is a great month to start implementing tax planning strategies that could reduce your small business taxes for this year and next. For the majority of businesses, the traditional year-end tax planning strategy of deferring income and accelerating deductions to minimize taxes will probably yield the most significant results. In addition, owners should consider

Landmark CPAs is pleased to announce Garland & Greenwood CPAs will merge with Landmark CPAs, effective January 1, 2025. This merger brings together two highly respected firms, combining their extensive expertise and resources. Garland & Greenwood partners John Brock, Jake Froemsdorf, Rocky Goodman, and Greg Schichtl, along with 36 staff members, will join Landmark CPAs,

If you sell your home, you might be able to pocket up to a half million dollars in gain from the sale without owing any federal income tax. How? By claiming the home sale gain exclusion. But various rules and limits apply, so it’s important to understand the ins and outs of this tax break.