Important Update: IRS Transition to Electronic Payments and Refunds
As the 2026 tax filing season gets underway, we want to remind you of an important change from the Internal Revenue Service that affects how federal tax refunds and payments are issued. IRS Transition Away from Paper Refund Checks The IRS, working with the U.S. Department of the Treasury, has begun phasing out paper tax […]
Read More →Beware of Social Media Tax Advice: The Risks and Consequences
In today’s digital age, social media serves as a hub of information on almost every topic imaginable, from cooking recipes to financial advice, including taxes. However, as accessible as these platforms are, they pose a significant risk when used as a source for tax advice. Misleading or just plain wrong tax advice on social media can result in serious consequences for […]
Read More →A+P Tax Saving Strategies
Strategic tax planning helps you understand and take advantage of tax-saving opportunities throughout the year. We work to create a plan that aligns with your financial goals and maximizes deductions and credits.
Read More →SALT Instructions
Instructions to file a Utah SALT (State and Local Tax) Report and make a State tax payment.
Read More →Year-End Beneficial Ownership Information (BOI) Reporting Update
There has been significant confusion regarding what happened during December 2024 regarding the Beneficial Ownership Information (BOI) reporting requirements of the Corporate Transparency Act’s (CTA). Here is a breakdown of recent actions regarding the BOI reporting requirements: The final court ruling on this matter is anticipated in the coming months. Given the ongoing legal proceedings, […]
Read More →Beneficial Ownership Information (BOI) Reporting Update
On Tuesday, December 3, 2024, a federal district court found that the Corporate Transparency Act (CTA) is likely unconstitutional. An order was issued prohibiting the enforcement of the CTA and the Beneficial Ownership Filing Requirements. Describing the CTA as “quasi-Orwellian,” the court stated that the legislation is “likely unconstitutional as outside of Congress’s power.” according […]
Read More →
A+P CPAs
Certified Public Accountants | Business Advisors
