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The Fate of a Finished Filing Season Still in Limbo

Jun 21, 2024 5:38:15 PM

One significant concern is the Corporate Transparency Act, which has faced legal challenges and caused confusion among small businesses regarding their reporting requirements. The American Institute of CPAs has called for the suspension of enforcement actions until related court cases are resolved. Failure to address this issue could lead to widespread noncompliance in the small business sector.

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Christine Gervais

Christine Gervais is a licensed CPA, using her skills to help businesses grow and achieve their fullest potential. Christine has a Master’s degree in accounting from Southern New Hampshire University in addition to holding her CPA license for over a decade. Notably, Christine is a nationally recognized speaker providing education to other CPAs on how to best serve clients as well as instruction on a wide variety of topics for business owners on how to maximize success. Christine prides herself on the value she can bring to clients with her extensive tax knowledge and provides strategic, forward-thinking financial strategies to help clients grow. When not behind her desk, you can find Christine spending quality time with her daughter and stepson or tending to the family’s excessively loved farm animals.

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Topics from this blog: Free Tax Practice News Tax Laws Tax Preparer Tax Season Filing Season