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New Tax Relief for Disaster Victims: What You Need to Know About the New Federal Disaster Tax Relief Act
December 19, 2024 by Mitch Giese
On December 12, 2024, President Biden signed the Federal Disaster Tax Relief Act of 2023 into law, bringing good news to taxpayers who have suffered losses due to natural disasters. Here’s what you need to know about these changes and how they could impact your tax filings. Changes to Disaster...
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Business Exit Strategies: Setting the Stage for a Successful Transition
December 16, 2024 by Mike Esser
It’s inevitable. Sooner or later, you will part ways with this business. The one you’ve poured your heart and soul into — maybe even built from the ground up. When looking ahead to what’s next, you might have more questions than answers. What’s the best business exit strategy? Who will...
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Federal District Court Issues Nationwide Preliminary Injunction Against Enforcement of the Corporate Transparency Act
December 6, 2024 by Andrew Leedahl
On December 3, 2024, the United States District Court for the Eastern District of Texas issued a preliminary injunction against the Corporate Transparency Act (CTA) and its reporting rules. The judge ruled that the CTA likely constitutes an unconstitutional overreach by Congress. Consequently, the upcoming compliance deadline has been delayed...
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