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...
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...
MILTON, MA – G.T. Reilly & Company has named Kevin J. Bonnett, CPA, a Vice President and Shareholder of the firm. Kevin joined G.T. Reilly & Company in 2009 after receiving his Bachelor of Science in Business Administration from Stonehill College. He obtained...
Jayme F. Moore, CPA Vice President & Director Whether it’s inflation, the tight labor market or cybersecurity threats that are challenging you, it’s essential to keep your nonprofit economically healthy. Nonprofit leaders are facing many challenges today, and if...
Charles R. Kennedy, CPA, MBA Vice President & Director If you own your company and travel for business, you may wonder if you can deduct the cost of taking your spouse on a business trip. The answer is, probably not, unless your spouse is an employee and fulfills...