2025 Record Retention Guide: Updates and Tips for Staying Compliant
As we approach the end of the year, it’s time to declutter, organize, and prepare your records for 2025. Staying on top of record retention not only keeps your file room in order but ensures compliance with evolving regulations. Key Update for 2025 Starting March 12, 2025, the Office of Foreign Assets Control (OFAC) requires […]
Solar Incentives & Tax Strategies for Dealers | On-Demand Webinar
We kicked off the year with an exciting installment of the R&Co Webinar Series for Auto Dealers. We were joined by Anthony Fiorino, Founder and CEO of Emerald Sun Energy, who took a deep dive into how auto dealers can use solar energy to save money, boost profits, and build a sustainable future. Here’s What […]
CTA Filing Rules Reversed Again: The Latest Developments
Written by Ken Rosenfield, CPA The month of December has been a whirlwind for businesses grappling with the ever-changing status of the Corporate Transparency Act (CTA). Enacted on January 1, 2024, the CTA was designed to combat money laundering, corruption, tax fraud, and terrorist financing by requiring businesses to file Beneficial Ownership Information (BOI) with […]
Federal Court Prohibits Enforcement of Corporate Transparency Act
Written by Tom Flattery On December 3, 2024, a federal court issued a landmark ruling that could significantly impact the implementation of the Corporate Transparency Act (CTA). The court determined that the CTA is likely unconstitutional and that requiring companies to disclose beneficial ownership information (BOI) would irreparably harm reporting companies. As a result, the […]