Nov
21
New Beneficial Ownership Information (BOI) Reporting Requirement: What You Need to Know
Updated: December 27, 2024 On December 26, 2024, the Fifth Circuit Court of Appeals reinstated the nationwide injunction halting enforcement of the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). This decision reverses an earlier ruling from the same court issued earlier this week. In its latest order, the Fifth Circuit […]
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Nov
14
BNA Customer Spotlight: Katherine Seger and Signature Home Group
Katherine Seger and Signature Home Group – Real Estate Expertise with a Personal Touch Meet Katherine Seger Katherine Seger, a valued BNA customer since 2019, brings dedication and expertise to the real estate world through her agency, Signature Home Group. Real estate is a true family affair for Katherine, as she and her three siblings […]
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Oct
15
Simple IRAs Simplified with WealthRabbit
As a CPA, I’m often asked how to save money on taxes. As a CFP®, I’m often tasked with coming up with plans to save for retirement. There are many great savings and tax beneficial retirement plans out there: IRAs, 401ks, Simple IRAs, and Cash Balance Plans to name a few. Each of these vehicles […]
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Dec
29
Top 20 Tax Deductions and Credits for 2023-2024
As we approach the upcoming tax filing season, it’s crucial to be well-versed in the various tax deductions and tax credits that can help maximize your savings. To guide you through the intricacies of the tax landscape, we present a comprehensive overview of the Top 20 Tax Deductions and Credits for 2023-2024. Explore this comprehensive […]
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Dec
14
10 Year-End Tax Tips for 2023
As we approach the end of 2023, it’s crucial to equip ourselves with the tools and insights necessary to take charge of our financial future. End of year tax planning stands as a pivotal strategy in this endeavor, and we’re here to guide you through the process. Below, we present a comprehensive set of 10 […]
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Jul
05
Karbon Feature: How BNA Delivers Tax Returns in 3 Days
Karbon, the practice management system that we use internally, featured our firm in their practice management section of their newsletter. We’re always striving to improve our systems to improve our client service. We’ve been using Karbon for two years now and they have helped us run our practice and improve our efficiency tremendously. Check out […]
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Apr
18
Highlights of the Tax Cuts & Job Act of 2017
On December 20, 2017, Congress passed the Tax Cuts and Jobs Act. This is the largest tax overhaul since 1986. There will be significant changes to the tax law, most of which take effect on January 1st, 2018. Below is a summary of the changes. Individual Taxes Tax Brackets: All tax brackets are reduced, with the top […]
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Dec
28
Creating a Culture of Learning
This article was originally published in the August 2017 CPA Journal, The Voice of the Profession, a publication of the New York State Society of CPAs. It has been posted here with permission of the Publisher. When hiring a new team member, the most important thing is cultural fit. A new hire can be trained to do […]
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Aug
20
Leverage Technology to Spend More Time with Clients
This article was originally published in the July 2017 CPA Journal, The Voice of the Profession, a publication of the New York State Society of CPAs. It has been posted here with permission of the Publisher. The best way for a CPA firm to become successful is to build long and lasting relationships with clients. The more […]
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Jul
24
Turning the Profession of “Me” into the Profession of “We”
This article was originally published in the June 2017 CPA Journal, The Voice of the Profession, a publication of the New York State Society of CPAs. It has been posted here with permission of the Publisher. There was a time in America, and in accounting, when loyalty was the most important contract employees and employers had with […]
