Kaitlyn Robison | Rea CPA
Author
Oct 22, 2024
Blog

Important Notice: 2023 Ohio Individual Income Tax Return Processing Issue

We want to bring your attention to a significant processing issue affecting some 2023 Ohio individual income tax returns. Our tax team has identified an emerging situation that may impact clients who received interest income reported on Form 1099-INT during 2023.
Author
Sep 17, 2024
Article

Urgent Alert: Protect Your Finances from Two Recent Tax Fraud Schemes

We've recently become aware of two concerning fraud schemes targeting businesses across the country. As your trusted advisors, we want to ensure you have the information needed to protect your business and personal data. 
Author
Feb 15, 2024
Article

Important Information Regarding the Corporate Transparency Act

The Corporate Transparency Act (signed into law on Jan. 1, 2021) expanded anti-money laundering laws and created new reporting requirements for certain companies doing business in the US. Beginning in 2024, many small businesses are required to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN) in an effort to create a national database for use by national security and law enforcement agencies to prevent the use of shell companies for criminal activity. 
Author
Sep 15, 2023
Blog

Understanding the Corporate Transparency Act and How It Can Impact Your Business

The Corporate Transparency Act (CTA) is a federal law aimed at protecting national security and helping prevent money laundering through shell and front companies. When entities are created through the State, their beneficial owners’ information (BOI) is not collected. The CTA will require the reporting of this information to FinCEN starting Jan. 1, 2024.