Burlington Accounting Firm

Beneficial Ownership Information Reporting Under the CTA

Beginning January 1, 2024, many businesses are required to comply with the Corporate Transparency Act (CTA). It is anticipated that 32.6 million businesses will be required to comply with this reporting requirement. Click above to read the full article and learn more about the new requirements.

By |2024-02-28T11:02:50-05:00February 26th, 2024|Articles, Business Taxation, Individual Taxation|0 Comments

The Infrastructure Investment and Jobs Act

On November 15, 2021, President Joe Biden signed the Infrastructure Investment and Jobs Act (the Act), a $1.2 trillion bipartisan legislation intended to “build back better” the country’s infrastructure. Click to read more.

By |2022-12-09T09:02:11-05:00December 3rd, 2021|Articles, Business Taxation, Individual Taxation|0 Comments

North Carolina Updates References to Internal Revenue Code and Decouples from Certain Provisions

The SBA has continued to provide updated guidance based on new legislation and to address many of the questions and concerns Borrowers have as they move closer to applying for loan forgiveness. Click to learn more.

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