Blogs
Cryptocurrency and Taxes: Gains & Losses
In the realm of digital finance, cryptocurrencies have surged from being an obscure and niche investment to becoming a significant part of the global financial ecosystem. Yet, as with most nascent technologies, regulatory clarity has been slow to catch up. One of the key areas still shrouded in question is
The 4 Primary Divisions that the Deputy Commissioner for Services and Enforcement Oversee.
There are 4 major Primary divisions that the Deputy Commissioner for Services and Enforcement oversees (DCSE). Out of these 4 Divisions, 60% of audits are targeted toward Small Businesses and Self-Employed (Schedule-C, Sole Proprietorship, Small Business Partnerships, S-Corps).
Beneficial Ownership Information (BOI) Reporting Requirements Beginning January 1, 2024.
The Corporate Transparency Act (CTA) has introduced a significant reporting requirement in the corporate landscape. Effective January 1, 2024, companies are now mandated to disclose their beneficial ownership information, fostering transparency and accountability by providing authorities with crucial insights into the individuals or entities exerting substantial control over the organization.
10 Tax Tips for Small Business Owners and Entrepreneurs in the Healthcare Industry
Running a business in the healthcare industry is both challenging and rewarding. To ensure that your financial health remains robust, it’s essential to be knowledgeable about potential tax deductions and savings. Below, we’ve compiled 10 tax tips specifically tailored for small business owners and entrepreneurs in the healthcare sector: 1.