Richardson & Moore, LLC

Make 2025 your best financial year yet! Our team is here to provide dedicated support this tax season, helping you reach your financial goals with ease. Ready to take control of your finances and start the year strong? Let’s get started today!

Confused by the new beneficial ownership reporting requirement? You’re not alone, especially given the recent court ruling. To help out the businesses in our network, we are sharing answers to frequently asked questions about BOI reporting. Swipe to learn more, and reach out today to get our experts’ help.

This Veterans Day, we invite you to join us in honoring the brave men and women who have served our nation. Our veterans have shown incredible bravery, dedication, and resilience, ensuring our freedoms and security. Whether serving at home or abroad, in times of peace or conflict, their contributions are invaluable. To all the veterans in our network, thank you for your service.

Did you know there is a new reporting requirement for corporations, focusing on beneficial ownership information? Don’t worry — if you haven’t heard of this, we are covering the basics for you today. Swipe through for an overview of this requirement, including what you’ll need to provide and when you need to file ?? If you have questions or would like our team's assistance, feel free to reach out by calling the office. We’d be happy to help!

Daylight Saving Time ends on Sunday, November 3, 2024, at 2:00 a.m.! Don't forget to set your clocks back and enjoy that extra hour of sleep! ?? Most devices will adjust automatically, but remember to manually update your vehicle's clock, wall clocks, and certain household appliances. Enjoy the brighter mornings, and let me know if you need any assistance.

We love PROJECT REAP! #realestate #commercialrealestate

The Corporate Transparency Act (CTA) introduced a new reporting requirement that mandates most companies to file by January 1, 2025. Under the CTA, many businesses must file a Beneficial Ownership Information (BOI) report, detailing key information about their beneficial owners, such as their name, address, and ID number. Swipe for key information about this new reporting requirement ?? If you are wondering whether your business is exempt, or need help with your BOI report, please reach out. Our team is here to guide you through the process. Reach out to us today!

Tax season will be here before you know it! Here are a few tips to avoid tax-time stress: ?? Stay Organized: Use an expense tracking app or spreadsheet to record and categorize expenses. Set up a filing system for financial documents and calendar reminders to avoid missing due dates. ?? Plan Deductible Purchases: Consider moving forward with deductible items before year's end, such as education expenses, home office costs, or medical expenses. ?? Maximize Retirement Contributions: Contribute to your 401(k) or IRA accounts to reduce your tax burden. 2024 limits are $23,000 for a 401(k) and $7,000 for an IRA, with extra contributions allowed for those 50 or older. ?? Check Your Credits: Take advantage of tax credits for education, energy-efficient home improvements, and electric vehicles. Start your fall tax planning now to get organized and maximize your deductions and credits. Need help? Feel free to reach out to our team. We're here to assist with all your tax-related needs!

We know that payroll can be a daunting task, and even the smallest mistake can have significant consequences. With that in mind, we want to share some common payroll pitfalls to make note of. Swipe through to read about common payroll mistakes and how to avoid them ?? If you have any payroll questions or needs, feel free to reach out to our team. We're here to help!