by paulagooch | Feb 27, 2025 | Silver Advantage Alerts, Tax Compliance, Tax Planning and Consulting, Tax Services
By MichaelSilver Nationwide Injunction Lifted Following a February 18, 2025 court decision, the previous nationwide injunction on Beneficial Ownership Information (BOI) reporting has been lifted. BOI reporting requirements under the Corporate Transparency Act (CTA)...
by paulagooch | Feb 20, 2025 | Client Accounting Services, Kemper, Silver Advantage Alerts, Tax Services
By Lyssa Kemper, CPA – Partner If you hire someone to help in your home, whether a nanny, housekeeper, or caregiver, you may be considered a household employer. Many people don’t realize that hiring domestic help comes with tax and legal responsibilities. This guide...
by paulagooch | Feb 14, 2025 | gift and trust services, Quinn Harris, Silver Advantage Alerts, Tax Services
By Quinn Harris, CPA, Partner, and Jing Xu, CPA – Senior Manager A new Illinois income tax credit is now available for tax years ending on or after December 31, 2025 through December 31, 2029. The “Illinois Gives Tax Credit Act” provides a 25% tax credit to taxpayers...
