Stacey L Byrne C.P.A.

If you own and LLC, S-Corp or other “reportable” entity that was required to file a BOI (Beneficial Ownership Information) by 1-1-2025, we share some good news!

The federal government has issued an injunction preventing enforcement of this requirement. Time will tell if the ruling is challenged, but for now, you’re off the hook.

Nationwide injunction halts BOI reporting for now Finding the Corporate Transparency Act “likely unconstitutional,” a federal district court prohibited its enforcement and the enforcement of its accompanying regulations.

The federal Department of Labor has adopted a new independent contractor test. California rules are more strict, but these new rules may apply to you if you are in another state.

DOL Adopts New Independent Contractor Test The U.S. Department of Labor (DOL) has published a final rule that will change the test for determining whether a worker is an employee or independent...

New reporting requirements for small businesses go into effect Jan 1, 2024 https://www.wolterskluwer.com/en/expert-insights/small-businesses-and-the-corporate-transparency-act

https://www.wolterskluwer.com/en/expert-insights/small-businesses-and-the-corporate-transparency-act

Small businesses and the Corporate Transparency Act CT Corporation looks into how small businesses are affected by Corporate Transparency Act and Beneficial Ownership Information Reporting.

City of San Diego minimum wage is now $16.30 per hour. Be sure to update your payroll systems

If you’re using Windows 10 and any version of QB desktop, please read this article. Your software may stop working in Feb 2023. Something to be aware of.

If you’re interested in moving off of desktop and over to Xero, please contact us for a quote.

Internet Explorer 11 Ending Feb. 14, 2023 For Most Windows 10 Users The Internet Explorer 11 desktop application is scheduled to be permanently disabled through a Microsoft Edge update on most Windows 10 computers as of Feb. 14, 2023. What does it mean for QuickBooks Desktop?

I’m doing a video per day challenge during the month of April. It’s not too late to join!

Stacey L Byrne CPA on Twitter “My Day 2 of the is not about or . If you want to get to know about my journey as an finding my , stay tuned. ”

Top 100 ProAdvisor voting ends today. I’d appreciate your vote. https://www.intuitiveaccountant.com/in-the-news/top-100-proadvisors/top-100-proadvisor-voting-2022-closes-tonight/?fbclid=IwAR1vAEyzbaJ30rDrERF8wf3UPr0Rkj562dRTBO8scSsECysYWoOlOx72QZs

Top 100 ProAdvisor Voting Closes Tonight Today is the last day to vote for Insightful Accountant's 2022 Top 100 ProAdvisor and ProAdvisor of the Year Awards. Voting closes tonight at 11:59:59 (PST).

If you’re getting Notices of Intent to Levy, please write your Congresspersons. Ask them to suspend these notices for all taxpayers until the IRS has the staff to handle calls and open mail that’s already been sent to resolve these issues

As Frustrations With IRS Grow, Tax Pros Reach Out To Congress | Taxgirl · Tax news, tax info, and tax policy has been abuzz about a flurry of notices of intent to levy (CP504) sent to taxpayers this week. The notices appear to have been sent out without regard for individual taxpayers circumstances with tax practitioners reporting receipt by taxpayers previously marked as CNC (currently not col...

PPP Loan Forgiveness application has been published.

Take a look at this 11 pages for an understanding of when the 8-week covered period starts, and other important info you need to know to have your loan forgiven

home.treasury.gov

California is allowing businesses to request late payment and late filing for February sales tax due March 24th, as well as March prepayment due in April and the 1st quarter returns due in April.

https://www.cdtfa.ca.gov/services/covid19.htm