While many businesses have been forced to close due to the COVID-19 pandemic, some entrepreneurs have started new small businesses. Many of these people start out operating as sole proprietors. Here are some tax rules and considerations involved in operating…
Events & News
Work Opportunity Tax Credit Extended Through 2025
Are you a business owner thinking about hiring? Be aware that a recent law extended a credit for hiring individuals from one or more targeted groups. Employers can qualify for a tax credit known as the Work Opportunity Tax Credit…
Annual Certified Audit Report Deadlines: SEC, Finra, NFA…
Critical dates for submitting certified annual audits: NFA: Futures Commission Merchants , if 12/31 Fiscal Year End: March 1, 2021 (60 days after FYE) Fine is $1,000.00/day if filing is late Commodity Pools, if 12/31 Fiscal Year End: March 31,…
CTA and CPO Common Deficiencies
Below are a few regulatory obligations related to common deficiencies as noted during NFA audits of Commodity Pools and Commodity Trading Advisors. Cybersecurity. Commodity Pools and Commodity Trading Advisors must adopt a written Information Systems Security Program (ISSP) to address…