Month: December 2024

December 10, 2024

CTA Update: Court Halts Enforcement of BOI Requirements, Deadline in Limbo

On Tuesday, December 3, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction enjoining enforcement of CTA reporting requirements and putting a stay on the January 1, 2025 compliance deadline. While the government quickly filed an appeal, FinCEN – the agency tasked with enforcing the BOI reporting requirements –…

December 10, 2024

A Year-End Look Ahead

As the clock winds down on what has been a tumultuous 2024, there are reasons for optimism as we look ahead. The seemingly endless presidential campaign and election are finally behind us. Inflation has eased, interest rates are falling, and the stock market continues to trend upward. And there’s every indication that many of the…

December 9, 2024

Plan Ahead: Weiss & Company’s Annual Tax Planning Guides

For many of us, December brings party invitations, holidays, and the winter solstice (Dec. 21). December also brings a reminder to get serious about tax planning for 2024 and the years that follow. If you haven’t yet explored tax planning strategies to save money and protect your wealth, now is the time to act. Weiss’s…

December 5, 2024

Karen Martin, CPA, joins Weiss & Company as Senior Manager in Tax Department

Weiss & Company LLP is pleased to welcome Karen Martin, CPA, as a new Senior Manager in the firm’s Tax Department. She brings over 15 years of accounting experience to the position, specializing in estate, gift, trust, family, and individual tax planning, consulting and compliance. In her new position, Karen will work closely with Weiss…

December 3, 2024

Is It Time to Hire An Outside Accounting Firm?

As a business owner, how do you know when your business is ready to hire an outside accounting firm? First, think about the capabilities of your current accounting staff as well as the current state of your operations and the goals of your business. Then ask yourself these questions: Are you missing deadlines filing forms…