July 24, 2025
The One Big Beautiful Bill Act (OBBB) was signed into law on July 4, 2025. There are many provisions to the OBBB but below are some […]
February 21, 2025
In 2025, individuals face a critical tax planning landscape with over $4 trillion in potential tax increases looming and key provisions of the Tax Cuts and […]
December 5, 2024
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency […]
December 4, 2024
S Corp business owners, you can deduct the health insurance you pay for yourself and your dependents, but the IRS requires specific reporting. The amount needs […]
November 30, 2024
Summary Extending the TCJA could preserve key tax benefits for small businesses, including QBI deductions, bonus depreciation, and simplified accounting, fostering growth and stability. The Tax […]
November 18, 2024
Summary Regular bank reconciliation isn’t just a task—it’s a safeguard for your business’s financial health. By addressing discrepancies, preventing fraud, and ensuring data accuracy, you’ll be […]
November 18, 2024
Summary Year-end tax planning is essential for financial health. Maximize deductions, adjust withholdings, and leverage tax strategies to reduce liabilities and prepare for 2025. As the […]
October 31, 2024
As a current client of Ancient City Accounting, if you are not already utilizing the bookkeeping services we offer, please see the following information. We understand […]
September 18, 2024
TAX PLANNING Every year at this time, we remind you of the tax planning services we offer our clients. Tax Planning is where we analyze your […]
September 5, 2024
Believe it or not, the end of the year is quickly approaching as well as a very important deadline. A SIMPLE IRA is a great way […]
August 27, 2024
Back in February we informed you of a new filing requirement called the Beneficial Ownership Information (BOI). At that time, we advised you to hold off […]
May 29, 2024
Effective June 1, 2024, the state sales tax rate imposed under section 212.031, Florida Statutes (F.S.), on the total rent charged for renting, leasing, letting, or […]
April 18, 2024
FRIENDLY REMINDER – DON’T BE LATE… FLORIDA BUSINESS ANNUAL REPORT An annual report MUST be filed each year for your business entity (LLC, Inc or Partnership) […]
February 19, 2024
In 2021, Congress enacted the Corporate Transparency Act. This law creates beneficial ownership information (BOI) reporting requirement as part of the government of the United States […]
February 12, 2024
If you make energy improvements to your home, tax credits are available for a portion of qualifying expenses. The credit amounts and types of qualifying expenses […]
January 9, 2024
This is a reminder that once you have your December bank and credit card accounts reconciled in your online file (using the RECONCILIATION feature), please call, […]
January 5, 2024
FOR OUR OFFICE TO TIMELY PREPARE THE BELOW TAX FILINGS, KINDLY HAVE THE RELEVANT INFORMATION TO US BY THE DUE DATES BELOW: Form 1099 – January […]