Beware of Common Tax Scams

Scammers work hard to try to steal money and personal information during tax season and all year long. It is important to remain alert and aware of these common scams to…

TN and KY Tax Deadlines Moved to Nov. 3

The Internal Revenue Service announced tax relief for all individuals and businesses in the states of Tennessee and Kentucky affected by severe storms, straight-line winds, tornadoes and flooding.  All taxpayers…

BOI Reporting – Requirement Removed

The Financial Crimes Enforcement Network (FinCEN) recently removed the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act. All…

BOI Update: Enforcement Penalties on Hold

As the saga continues, the latest update on federal Beneficial Ownership Information (BOI) reporting requirements indicates that FinCEN will not issue any fines or penalties or take any other enforcement actions against any…

Year-End Tax Planning for Individuals

As we approach year-end, now is the time to review 2024 and 2025 tax situations and identify opportunities for reducing, deferring or accelerating tax obligations. Crosslin has put together a planning guide to help…

Newlyweds Tax Checklist

Summer wedding season has arrived, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer’s marital status as of December 31 determines their tax…