Capossela, Cohen, LLC

Key tax deductions, including the 20% deduction for pass-through entities, are expiring soon. What does this mean for your business? Stay ahead of the changes by understanding what’s at stake. Discover more in our latest article by Capossela, Cohen, LLC: https://hubs.ly/Q02MPtvk0

In 2026, individual income tax rates are set to revert to pre-2018 levels, with a significant reduction in the standard deduction. How could these shifts affect your tax strategy? Explore the potential impacts in our article by Capossela, Cohen, LLC. Read more at: https://hubs.ly/Q02MP19X0

The end of the year will be here before you know it, and waiting until Q4 to begin your tax planning can leave you scrambling. Now is the perfect time to review your financial situation, assess your tax liabilities, and make strategic decisions. At Capossela, Cohen, LLC, our experienced team can help you stay ahead of the curve and avoid the year-end rush. Let’s start the conversation today to ensure you’re fully prepared for tax season. Reach out to us now! https://hubs.ly/Q02MP8GF0

With the Required Minimum Distribution (RMD) age changing from 72 to 73, this could have important implications for your retirement. Stay informed and see how this might affect your plans. Check out our latest article by Capossela, Cohen, LLC: https://hubs.ly/Q02MP2nT0

If you’re required to make quarterly estimated tax payments, mark your calendar for September 16, 2024. This is the deadline for Q3 payments, covering income earned from June 1 to August 31, 2024. Timely payment is crucial to avoid penalties and stay on top of your tax obligations. Contact Capossela, Cohen, LLC for assitance today: https://hubs.ly/Q02MPdgK0

The estate and gift tax exemption is set to drop significantly in 2025, which could impact your financial planning. What does this mean for you? Discover the details and what you might need to consider in our latest article by Capossela, Cohen, LLC. Read more at: https://hubs.ly/Q02MP2650

Restaurants are cash-intensive businesses, making them a target for the IRS to check for potential underreporting of income. Ensure this and the other key areas are in check to reduce risk when audit time comes. Learn more in this article by Capossela, Cohen - https://hubs.ly/Q02zpsNt0 #Restaurants #RestaurantAudit

Tip reporting plays an important role in your tax compliance. Discover why, and other potential areas to look out for when preparing for an audit, in this article - https://hubs.ly/Q02zpl5v0 #RestaurantIndustry #TaxAudit #TipReporting

Restaurant owners, have you considered the impact of your gift card and gift certificate sales on your tax audit? Ensure you've been accounting for these sales properly and other key areas to look out for in the latest article by Capossela, Cohen. #RestaurantIndustry #TaxAudit #Sales https://hubs.ly/Q02zpjqW0

An audit can be a big source of anxiety for restaurant owners, but there are some areas to watch to ensure compliance ahead of time. Ease your anxiety by reading the following article by Capossela, Cohen. #RestaurantIndustry #AuditPreparation https://hubs.ly/Q02zpsNs0