This past November, the Internal Revenue Service (IRS) released its tax inflation adjustments for the tax year 2024, which amends more than 60 tax provisions. These adjustments will affect taxes filed in 2025. According to CNBC, one of the most notable changes is that the income threshold within the tax brackets will be adjusted by […]
Accounting News
Dear Clients & Friends, This year’s tax season is underway, and we are busy working on your tax returns for 2023. To that end, we have some useful information to share in this month’s newsletter. Firstly, if you haven’t already, it’s time to organize and send us your tax documents. As a reminder, we require […]
Dear Clients & Friends, Happy 2024! The new year has begun, which means it’s time to start finalizing your 2023 taxes if you haven’t already. Individuals will start receiving tax documents like W2s & 1099s in the coming weeks. If you are a business owner, the most pressing issue is ensuring that you meet the […]
Dear Clients & Friends, The holiday season is officially upon us! As the year draws to a close, the CJBS team is working hard to help set you up for success in the 2023 tax season. With only a few weeks left in the year, now is the time to ensure your current tax strategies […]
Dear Clients & Friends, As the extended tax season comes to an end, we appreciate you trusting us to provide the best possible service to meet your financial planning and accounting needs. If for some reason you missed a recent deadline, please call us immediately. With the busy holiday season just around the corner, now […]
October marks the start of the 4th quarter, which means the end of the year is just around the corner. Please note, if you filed an extension and have not sent us all your information for 2022, please do so ASAP. The deadlines are just a few days away, and we need your information to […]