News

Certification: We get recertified each year as a Certified ProAdvisor in Quickbooks Online.
Online Clients: We currently have 29 Online clients 15 have payroll
Newsletter: Look for the next newsletter coming in January 2025.
Robert is a Certified Management Accountant since 1981
Direct Consulting One, LLC (DC1), is our Gold Sponsor for 2023 & 2024
REJ's has teamed up with Abediant + Totlian C.P.A.s to process our clients Employer Retention Credits, call us for more details. Ask for Ashley. Clients are starting to see the credits which are checks from the I.R.S.
Once a firm receives the Employer Retention Credit from the I.R.S. they need to amended their Corporate and Personal returns for the reduction in wages that the retention credit is given on. Call us to set up an appointment to amend your returns. The credit itself is non-taxable. The interest paid on the credit is however taxable.
Thrivelogy has a new address: Autumn Deal (Autumn (Horton) got married 6.24.2023) 20681 Beaufait Harper Woods, MI 48225 Thrivelogy administers the Legacy of Light scholarship in honor of the late Mary Teran Jacob. (see 2021 newsletter)
There is a new law called the Beneficial Ownership Information Reporting Rule, which goes into effect January 1, 2024. A federal court halts implementation of BOI requirement on Small Businesses Under the Corporate Transparency Act. BREAKING: Federal Court Halts Implementation of Beneficial Ownership Information Reporting (BOI) Requirements on Small Businesses Under the Corporate Transparency Act
A federal court in Texas halted the implementation of the Corporate Transparency Act’s (CTA) Beneficial Ownership Information reporting requirements (BOI). Holding that the CTA is likely unconstitutional, the court issued a preliminary injunction barring the government from enforcing the CTA and its reporting requirements against anyone.
‌Why it matters: Prior to the ruling, small businesses that met certain criteria would have had to file reports with the Department of the Treasury by January 1, 2025, or risk fines and criminal penalties.‌
Looking ahead: The preliminary relief will remain in effect until the conclusion of legal proceedings, at which point the court may enter a permanent injunction. In the meantime, the government will likely appeal the preliminary injunction. As of Dec. 27, the merits of the case have yet to be heard; briefs are now due in February, and the case is calendared for oral arguments on March 25, 2025, according to the NSBA. Looks like we will make it through tax season!
Bottom line: Unless and until an appellate court overrules or narrows the injunction, no businesses are obligated to comply with the reporting requirements.
REJ's has acquired the Tax Place and will be serving their clients for the 2024 tax season.

News

Newsletters

About Us

Services

Products

Other