#32 - Beneficial Ownership Filing Requirement Update and Preparing for Year End Tax Filings
Manage episode 458962684 series 3479072
Within the past week, the Beneficial Ownership Information (BOI) filing requirement was both reinstated and then suspended again, pending further legal review. Greg Reed provides an update on the current status of the BOI fiing requirement and his filing recommendations.
Greg also provides advice on gathering documentation to make your annual income tax filings as efficient as possible and explains that while you can extend the deadline to file your tax returns, you still need to pay tax by the initial deadline to avoid penalties and interest.
Book a meeting with Greg at smartbookstax.com.
Thanks for listening!
Host Cal Wilder can be reached at:
cal@empoweringhealthybusiness.com
https://www.linkedin.com/in/calvinwilder/
Kapitel
1. #32 - Beneficial Ownership Filing Requirement Update and Preparing for Year End Tax Filings (00:00:00)
2. Reinstatement and suspension the BOI filing requirement (00:00:48)
3. Documentation to compile for your income tax return (00:02:32)
4. Extension of tax filing deadlines is not an extension of payment deadlines (00:11:32)
32 Episoden