Reminder: BOI reporting is still required despite federal court ruling

The U.S. Department of Justice and the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) have notified the U.S. District Court of Northern Alabama that they will appeal the court’s March 1, 2024, ruling that the Corporate Transparency Act (CTA) is...

How long should certain records be retained? A Record Retention Guide

Whether dealing with your personal tax records or more complex business-related financial documents, how long should records be retained?  Retention guidelines vary widely depending on the type of documents being considered, and as increasingly more records are being...