BOI Reporting Requirements Stayed: What Small Business Owners Need to Know
In a decision that has brought a temporary sigh of relief for small business owners, the requirement to report under the Beneficial Ownership Information (BOI) rules has been stayed by the court. This pause means that small businesses now have a little more time to prepare—or perhaps to hold off entirely, depending on the outcome […]
Attention: You are Most Likely Required to File this Report Before the Year End.
It is important to us at Synergy Tax & Accounting to keep you informed of important compliance requirements. One of the recent changes affecting many businesses is the requirement to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN). While some companies are exempt, a large portion of small businesses […]
5 Colorado Tax Breaks You Might Be Missing Out On
Colorado’s tax landscape is as diverse as its majestic mountains and thriving cities. Whether you’re a small business owner, a working professional, or a parent preparing for your child’s future education, there may be valuable tax breaks available that you haven’t fully explored. Unfortunately, many Coloradans leave money on the table every year simply because […]