Telephone 516-457-8179 email: acd@andrewdcpa.com
Upcoming deadlines:
October 15, 2024 is the filing deadline for most individual tax returns that a request for extension of time for filing was submitted by the original due date.
New filing for 2024:
The Corporate Transparency Act ("the Act") set forth strict filing requirements for "reporting entities" as defined within the text of the Act. This includes filing the "BOI Report" (Beneficial Ownership Information) report. It will be filed with the Financial Crimes Enforcement Network ("FinCEN"). The report discloses information pertaining to the individuals owning the reporting entity, or in addition, disclosing details about individuals with no equity interest but who are considered to exercise substantial control of the reporting entity.
I will soon email as well as USPS MAIL to you a more detailed explanation of about this new requirement as well as a letter you would need to please sign to engage me to transmit the report. Paper filings will be rejected. I AM NOT PERMITTED TO PROVIDE ADVICE TO YOU ON SEVERAL ASPECTS OF THIS FILING, FIRST AND FOREMOST, WHETHER YOU ARE REQUIRED TO FILE THE BOI REPORT. I recommend that you hire an attorney to advise you of your filing requirements. Penalties for failure to file, if required, are very punitive.
Office Hours:
Weekdays until 5:00p.m. Please call or email to set an appointment if you need to speak outside of standard office hours. Email messages that are received outside of office hours will be answered the next business day.
Copyright © 2024 Andrew C. Demsky, CPA - All Rights Reserved.
Powered by GoDaddy