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Tax Advisor Weekly – April 4, 2025

Harness Wealth

This weeks Tax Advisor Weekly covers key updates for financial professionals. We begin with guidance on navigating property tax considerations during business mergers and expansions. In this blog post, well cover key business events that impact property tax and business licenses, along with what you need to consider for each.

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Saturday links: too much mobile

Abnormal Returns

on.ft.com) States are looking to pay for roads as EVs drag down gasoline taxes. theatlantic.com) Why airlines are banking on sustainable aviation fuel to decarbonize. nytimes.com) Are alternative licensing programs the solution to teacher shortages? EVs Solid-state batteries would upend the EV calculus.

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Financial Record Keeping: How Long To Keep Financial Records?

Clever Girl Finance

Or how long should you keep bank statements? Usually needed for jobs, enrolling in school, obtaining a driver’s license, benefits, insurance additions, etc. Remember this is different than a marriage license, which you don't keep. IRA contribution statements for non-deductible contributions to prove that you paid taxes.

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What is a BOI Report and How Do You File One?

Harness Wealth

Many shell companies are often used to shield illicit activities such as money laundering, tax evasion, and terrorist financing. and have reported more than $5 million in gross receipts or sales on their previous year’s tax return. Get started Harness makes it easy to find tax and financial advisors best suited to your needs.

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The Corporate Transparency Act: What You Need to Know

Carson Wealth

By Mike Valenti, CPA, CFP®, Director,Tax Planning LLCs can provide legal protections and a level of anonymity, either or both of which can be beneficial for business owners, investors, and others with valid intentions. From the business : Legal business name and all DBA names Physical address (not a P.O.

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A Guide to the 4 Types of Tax Preparers

Harness Wealth

In this guide, we explore the four main types of tax professionals and the benefits of working with a tax advisor to help navigate challenging tax scenarios. We’ll dive into what a tax advisor does, and help you make an informed decision about which type of tax professional is right for you.

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What To Do If Your Identity Is Stolen: 15 Key Steps

Clever Girl Finance

From debit cards to your bank accounts and bank account numbers, and driver's license numbers, a lot of your personal information can be compromised. Many banks are also now offering this service for free with your accounts. You can add a flag to your license to prevent fraud. Get your free credit report.

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