Rick Gilmartin – Tronconi Segarra & Associates

March 24, 2025

FinCEN Removes Requirement for US Companies/Persons to Report BOI

Please see below for a communication from the Financial Crimes Enforcement Network (FinCEN) that…

Beneficial Ownership Information Reporting Requirement, Corporate Transparency Act, General Business, Small Business

March 14, 2025

IRS Reports Threshold Updates for IRS Form 1099-K

Form 1099-K, “Payment Card and Third-Party Network Transactions” is an information return that reports…

1099-K, Accounting, General Business, IRS, Small Business, Tax

December 30, 2024

12/30/2024 Update on FinCEN BOI Reporting

In yet another legal turn of events, the court-ordered injunction regarding BOI reporting is…

Beneficial Ownership Information Reporting Requirement, Corporate Transparency Act, FINCEN, General Business, Small Business

December 27, 2024

Urgent – BOI Reporting Requirement Reinstated 12/23/2024

Please be aware that the Beneficial Ownership Information (BOI) Reporting Requirement has been reinstated…

Beneficial Ownership Information Reporting Requirement, Corporate Transparency Act, FINCEN, General Business, Small Business

December 16, 2024

Important Update – Beneficial Ownership Info Reporting 12/16/2024

On December 3, 2024, the 5th U.S. District Court issued a decision that the…

Beneficial Ownership Information Reporting Requirement, Corporate Transparency Act, FINCEN, General Business, Small Business

December 11, 2024

Qualified Charitable Distributions from an IRA Account

A qualified charitable distribution (QCD) is a nontaxable distribution made from a taxpayer’s individual…

Charitable Contributions, General Business, IRAs, Money Management, Required Minimum Distribution (RMD), Retirement, Small Business

September 3, 2024

Smart Money Management Tips

Small steps can lead to big improvements in monetary habits. In this article we…

Accounting, Budgeting, General Business, Money Management, Small Business

March 7, 2024

Accounting For and Disclosure of Crypto Assets

On December 13, 2023, the Financial Accounting Standards Board (FASB) released Accounting Standards Update…

Accounting, Cryptocurrency, Financial Statements, General Business, Small Business

December 14, 2023

Beneficial Ownership Information Reporting Requirement Begins

The Corporate Transparency Act (CTA) was enacted into law as part of the National…

Beneficial Ownership Information Reporting Requirement, Business Start-Ups, Corporate Transparency Act, FINCEN, General Business, Small Business

August 21, 2023

Economic Outlook – Mid-2023 #2

As we surpass the halfway mark of 2023, the lingering question remains whether a…

Business Loans, General Business, Inflation, Small Business

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Blog Author: Rick Gilmartin