December 2024
John A. Knutson & Co., PLLP (JAK + CO?)
Our numbers are just right!
CONGRATULATIONS?to staff who have earned promotions!
- Chris Bertz, CPA, MBT?to Director?
- Ethan Cummings, CPA?to Director?
- Jonathon Lansink, CPA, CFP?, RSSA??to Manager?
- Alex Mathiowetz, CPA?to Manager?
- Donelle Spaulding?to Senior Accountant
UPDATE: Beneficial Ownership Information (BOI)
BOI Reporting for small businesses has been?reinstated. What you need to know:
- Small businesses created prior to January 1, 2024 have until January 13, 2025 to complete their initial BOI reporting.?
- Small business created on or after September 4, 2024 have until Januray 13, 2025 to complete their initial BOI reporting.
- Small businesses created on or after January 1, 2025 have 30 days to complete their initial reporting.
- Reporting must be completed online at?https://boiefiling.fincen.gov/.
- CLICK HERE?to view a 5 minute demo on how to file.
Reach out to your JAK + CO advisor?if you have further questions.
JAK + Co Blogs
- Can Estate Planning Be a Business Expense??by Cheryl Ellefson
- The Accountant's Guide to Strategic Networking Success?by Kim Elm
- Accrual vs. Cash: Which Basis of Accounting is Best for Your Business??by CPAs Ethan Cummings and Luke Palmer
You can view all of our past blogs on our website?Resources?page.
Due Dates to Remember
- December 31-?RMD's must be taken for those age 73+
- January 15- Q4 Estimated Tax
- January 31- Q4 Payroll Filings
- January 31-?W2's and 1099's sent