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Tax Court Disallows Real Estate Professional Status Due to Insufficient Hours
Certain States (NY, CA, IL) require written agreements for independent contractors
NJ Tax Portal – Phase 1 is here
NJ Business – Check the seminar “Show me the resources”
FinCen can require reporting transactions over $200 using a GTO directive

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Keeping track of your expenses with your bank account or credit card, maintaining accurate cash records, and having a strong relationship with your CPA can help you stay compliant and avoid costly penalties. Learn how to avoid fines: https://ggcpaservices.com/blog/.

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