Episode 106: Beneficial Ownership Reporting Update

from Accounting and Accountability · host Faw Casson CPAs

In this episode: Update to the FinCEN Beneficial Ownership Reporting deadline. Catch-up contributions are available for retirement plans for limited age groups. Some Employee Retention Credits are still not processed. New lines will be on individual tax returns for cryptocurrency and 1099K reporting of digital assets. Delaware Lodging Tax starts in 2025. We also hear from Tim Jones, owner of Resort Palms in Maryland. Tim tells us about the magic of being in the right place at the right time, understand your business goals and setting yourself up for success, and how to plan for the future. Find Resort Palms on their website https://resortpalms.com/ or Facebook page to add tropical ambience to any outdoor setting.

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This episode is 34 minutes long.

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This episode was published on December 14, 2024.

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