Tax, Audit, Firm and Regulatory News
In this webinar recorded on July 17, 2024, Senior Tax Manager Will Hendrick provides an overview of the Corporate Transparency Act (CTA), including what the CTA is for, Beneficial Ownership Information Report filing requirements, and an overview of penalties for non-compliance.
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Getting married triggers significant tax changes that catch many couples off guard, from a new filing status that takes effect the moment you say “I do,” to withholding gaps that can result in an unexpected tax bill in April. Beyond filing and withholding, newlyweds also need to address name and address updates, healthcare coverage decisions, HSA eligibility changes, and dependent-related credits before year-end. Tackling these adjustments proactively, rather than waiting until tax season, helps couples avoid penalties, protect their refunds, and start their financial life together on solid footing.
The Kwong decision may have opened a window — but it’s closing fast. In this conversation, William Hendrick breaks down what the case means for taxpayers who paid penalties and interest during the COVID federal disaster period, who should be looking at their records right now, and what practitioners need to know before the July 10, 2026 deadline.
There’s no perfect time to retire, but with the right planning, you can feel prepared in any economy. Learn how to evaluate your readiness, manage timing risks, and build a retirement plan that lasts.