2024

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Hiring independent contractors became harder in 2024

We have numerous blog posts on the difference between a) employees and b) independent contractors based on the IRS, Department of Labor (DoL) and State authorities at the time the post was released. However, in January 2024, the DoL released new rules (or go back to the previous rules pre-Trump) on "... how to analyze

By |2024-11-12T03:55:57+00:00December 16th, 2024|Categories: Business, Individuals|Tags: , , , , , , , , , , , , , |

Mid-year Financial review – Tax changes & BOI compliance – Recording available in YouTube

Our colleagues from NJ SBDC have posted the Mid-year Financial review seminar from mid-June 2024 in Youtube. We highly recommended checking the amazing video library of this organization as it has over a hundred and fifty recording on different topics relevant to any business owner. What You'll Learn from this presentation: - Key tax changes

By |2024-06-27T02:39:11+00:00June 27th, 2024|Categories: Business|Tags: , , , , , , , , , , , |

Beneficial Ownership information – Required FinCEN report for businesses

From January 1st, 2024, any new company (exemptions are listed below) will have 30 days to file their initial Beneficial Ownership information (BOI) report. For the companies already in business before that date, the BOI has to be filed before January 1st, 2025.  Also, you should be reporting any changes in the BOI within the

By |2023-09-22T14:36:39+00:00September 22nd, 2023|Categories: Business|Tags: , , , , , , , |
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