If you have a qualified retirement plan for your business, be sure to do what you’re supposed to do. The IRS has a list of plan sponsor’s responsibilities, including keeping the plan in compliance. There are numerous links to other resources, including various IRS publications and information on retirement plan operation and maintenance.
Barbara Weltman
Big Ideas for Small Business, Inc.
Subscribe and download our eBook, "150+ Tax Deductions for Small Business A to Z."
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BOI reporting cont'd. But this isn’t the end of the story. The government filed a notice of appeal with the appellate court, and FinCEN says “deadline stay—voluntary submission only” (https://bit.ly/3ZpKxwU Note: There are cases challenging CTA that are still pending.