by the Storen Team | Mar 4, 2024 | Businesses, Resources for Businesses, Taxes
U.S District Court Declares CTA Unconstitutional On Friday March 1, 2024, the U.S. District Court for the District of Alabama declared the Corporate Transparency Act (CTA) unconstitutional. In the case of National Small Business Association v. Yellen (Case No....
by the Storen Team | Mar 1, 2024 | Businesses, Resources for Businesses
A Comprehensive Approach That Emphasizes Planning and Strategy Have you dreamed of starting or owning a business? Is your business needing a boost? Is your business in a state of expansion or growth? Regardless of where you are today along the path of business...
by the Storen Team | Feb 19, 2024 | Business Coaching, Businesses, Resources, Resources for Businesses
How to Decipher Between LLC, S-Corp, and Sole Proprietorship Status for Your Business One of the most frequently asked questions we encounter involves tax status and business structure for small and medium-sized businesses. Whether you’ve picked up a side gig,...
by the Storen Team | Feb 5, 2024 | Businesses, Resources, Resources for Businesses, Taxes
Official Tax Season Launch for Storen Financial The Storen Financial team is launching into tax season. Kim Storen, our Tax Services Manager, recently led a two-day training session for our team of knowledgeable CPA’s, EA’s, MBA’s, Business Accountants, and...
by the Storen Team | Jan 22, 2024 | Businesses, Resources, Resources for Businesses, Taxes
Factors to Consider When Purchasing a Business Vehicle One of the many questions we receive from clients is, “Should my business buy a new vehicle?” Due to the Section 179 Depreciation Deduction, there are some big tax breaks in depreciation on the purchase of a...
by the Storen Team | Dec 12, 2023 | Businesses, Resources for Businesses, Taxes
What is the Corporate Transparency Act (CTA)? As of January 1, 2024, the Financial Crimes Enforcement Network (FinCEN) is now accepting U.S. Beneficial Ownership Information (BOIR) through the FinCEN’s secure website, as a result of the recently passed Corporate...