Small Business Archives - Silicon Valley Hi-Tech Accounting LLC

FinCEN (US Treasury Financial Crimes Enforcement Network) began accepting beneficial ownership information reports on January 1, 2024.

TreasuryBy Alexey February 25, 2024

FinCEN (US Treasury Financial Crimes Enforcement Network) began accepting beneficial ownership information reports on January 1, 2024. The Corporate Transparency Act, enacted in 2021, requires companies meeting the report creations to report information about individuals in control or ownership of the business. Existing companies created or registered in the US before January 1, 2024, must…

Congress passed the Coronavirus Aid, Relief and Economic Security Act (CARES) act.

CongressBy Alexey March 28, 2020

On Friday, March 27 Congress passed the Coronavirus Aid, Relief and Economic Security Act or the CARES act. The bill passed with overwhelming bipartisan support as a response to the coronavirus outbreak. It addresses economic impacts of the COVID-19 outbreak. The bill authorizes emergency loans to distress businesses, funding for individuals, special rules for withdraws…

Important Changes in 2018 Tax Reform for Small Businesses

TaxesBy Dietz Group August 17, 2018

The 2018 tax reform was the largest tax overhaul in the past three decades, ranging from a new corporate tax rate to the cutting of some deductions, and brings a good deal of change to many companies’ accounting. With the new laws already taking effect here are some the most important ways they can affect…

Tag Archives: Small Business

FinCEN (US Treasury Financial Crimes Enforcement Network) began accepting beneficial ownership information reports on January 1, 2024.

Congress passed the Coronavirus Aid, Relief and Economic Security Act (CARES) act.

Important Changes in 2018 Tax Reform for Small Businesses