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2023 January Tax Tips and News

Tax, Uncategorized
February 10, 2023

January 2023 Newletter

2023_tax_news_and_industry_updates_vol_11_iss_1-2

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Eric Rogers @exempt5 ·

11 Jan

Good news IRS opens on January 27. Returns will be accepted at that date.

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Eric Rogers @exempt5 ·

23 Dec

On Dec 23, '24, the US Court of Appeals for the 5th Circuit lifted the injunction on enforcement of the Corporate Transparency Act (CTA), which had been issued by the US District Court for the Eastern District of Texas on 12/3/24. This means the CTA BOI is once again in effect.

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Eric Rogers @exempt5 ·

10 Dec

The yield (APY) on envelope balances in QuickBooks Checking (QB)is changing to 3% effective 12/12/24. The APY is variable and changes at any time based on market conditions. Envelopes in QB let you set aside funds and earn interest. It may be the time to investigate alternatives.

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Eric Rogers @exempt5 ·

23 Oct

To ensure your filing experience is as smooth as possible, we want to inform you that you have until October 31, 2024, 9 PM PST to e-file your 2023 return using TurboTax Online.

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