by the Storen Team | Jan 12, 2025 | 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...
by the Storen Team | Jan 1, 2025 | How-to, Resources, Taxes
If you’ve been notified that your digital tax return documentation is now available in your Storen Financial Client Portal, use these instructions to finalize your return and complete your final action steps. Click one of these links to quickly find the...
by the Storen Team | Dec 9, 2024 | Resources, Taxes
Tax season is around the corner. Here’s what you need to know… We’ve packed this blog with all the resources you’ll need for tax season, including critical updates on law and regulation changes, important information about data security, event...
by the Storen Team | Dec 2, 2024 | Businesses, Resources, Resources for Businesses, Taxes
What is Business Personal Property Tax (PPT)? In 38 states, including Indiana, the cost of a business’s tangible personal property is taxed by the county where the property is physically located. This is a different tax than the common Income Tax, and it is a...
by the Storen Team | Nov 13, 2024 | Case Studies, Financial Planning, Resources, Retirement, Taxes
Understanding How Inherited IRA Rules Impact Taxes is Essential to Wealth Management Oftentimes, new clients come to us after realizing they or a previous financial advisor missed a crucial action step that would have maximized their tax savings. One such situation...
by the Storen Team | Oct 29, 2024 | Businesses, QuickBooks, Resources, Resources for Businesses, Taxes
As we approach the end of the year, businesses should start planning for 2025. Can you invest in growth, hire new employees, acquire assets or purchase inventory, etc? Or should you look at downsizing, reducing or selling? How profitable was 2024 and what outcomes...