Republicans Complete Sweeping Reconciliation Bill

The president signed into law a sweeping reconciliation tax bill in a July 4 signing ceremony, capping a furious sprint to finish the legislation before the self-imposed holiday deadline. The…

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…

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…

Crosslin Promotes Payne to Principal

Crosslin has promoted Curtis Payne to principal in the audit department.  In this role, he will assume a broader responsibility in leading the Crosslin audit team and focus on increased…