Monthly Archives: January 2025

BOI Reporting: It’s Back (soon?)!

Posted on January 23, 2025 by Russ

The US Supreme Court removed the stay that the 5th Circuit Court of Appeals had removed (after putting it on) that stayed enforcement of the Corporate Transparency Act that required Beneficial Ownership Information reporting. This means that if you have … Continue reading →

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Supreme Court Litigator, High-Stakes Poker Player, and Tax Felon?

Posted on January 17, 2025 by Russ

This morning, a friend texted me, “Russ, you MUST read this!” with a link to this story about Supreme Court litigator Tom Goldstein.  Mr. Goldstein was indicted on numerous tax-related charged regarding how he handled his high-stakes poker playing. Mr. … Continue reading →

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IRS Extends California Fire Disaster Area Deadlines Until October 15th

Posted on January 10, 2025 by Russ

The IRS announced this afternoon that taxpayers in Los Angeles County impacted by the current wildfires have all tax deadlines extended until October 15th. This includes: Individual and C-Corporation Tax Returns (and payments of tax) due on April 15th; Partnership … Continue reading →

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Personal Tax Return Filings to Begin on January 27th

Posted on January 10, 2025 by Russ

The IRS announced today that, as expected, efiling of tax returns will begin on Monday, January 27th.  Individual tax returns are due on Tuesday, April 15th. We strongly advise efiling your tax returns (if possible), and we also strongly advise … Continue reading →

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New Jersey Division of Taxation Wishes to Add More Identity Theft

Posted on January 8, 2025 by Russ

One of our clients received a notice from the New Jersey Division of Taxation asking for additional documentation for a previously filed tax return (copies of W-2s, 1099s, and the federal tax return).  New Jersey gave two options for responding: … Continue reading →

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