As tax season approaches, our DMJPS team is here to support you every step of the way in preparing your tax return. This year, we are fully adopting SafeSend Organizer™, a cutting-edge solution in tax document
management designed to simplify and enhance your tax filing experience. Be on the lookout for this innovative tool, as it will streamline the process for preparing your individual tax organizer with ease and efficiency. SafeSend Organizer™ allows you to complete everything electronically and we will receive a notification when it has been completed. You'll also be able to upload documents such as W-2s and 1099s to accompany the electronic organizer.
Why SafeSend Organizers? Think of SafeSend Organizers as the 'sliced bread' of tax document management. By automating the tax organizer into a fillable, digital format, it saves time and reduces errors, making the daunting task of gathering information simple and efficient. We are increasingly relying on the necessity of digital solutions, and SafeSend provides a user-friendly platform.
What’s in it for You?
Digital Convenience: Complete your tax organizer from anywhere, anytime.
Secure Uploads: Safely attach and upload your source documents, moving away from the outdated "shoebox method".
Interactive Queries: Ask questions directly within the organizer, bridging communication gaps.
Timely Reminders: Automated reminders ensure you meet all deadlines seamlessly.
Look Out and Act! Be on the lookout for your SafeSend Organizer in January 2025. Please ensure it’s returned to us by March 3, 2025, to facilitate a smooth tax filing process. For more information, feel free to contact us at connect@dmjps.com.
Important BOI Reporting Updates
As the January 1, 2025 deadline for the new beneficial ownership reporting (BOI) approaches, there has been an update regarding the reporting requirements.
A federal district court in Texas granted a nationwide injunction that does the following:
Enjoins the enforcement of the Corporate Transparency Act (CTA) and regulations implementing its beneficial ownership information (BOI) reporting requirements.
Halts all deadlines to comply with the CTA’s reporting requirements, including the January 1, 2025 deadline to file the initial report.
Legal counsel should be consulted to help navigate this update and understand how it affects individual situations. To learn more about “What is BOI Reporting and Why Its Important”, note the original DMJPS summary here.
Agenda: Join us for a webinar that simplifies audit prep! We'll guide you through key steps and common oversights to make your audit process smoother. You'll leave with a practical pre-audit checklist to ensure a confident and efficient audit.
How Organizations Can Leverage Fractional CFO Services
Agenda: Join DMJPS CPAs + Advisors for a live webinar on Fractional CFOs, exploring when businesses need one and how they provide strategic support, from ERP selection to data visualization and career growth. We’ll also cover the industries served and delivery methods.
As 2024 wraps and we enter a new tax season, now is an ideal time for proactive year-end tax planning, insights, and strategies for year-end tax considerations. Like in previous years, noteworthy changes in tax rules and regulations require careful review.
Unlock the potential of strategic tax planning with our 2024 Year-End Tax Planning Letters, offering a comprehensive guide to the critical issues impacting both individuals and businesses. Keep in mind, that everyone's tax situation varies. What suits one person may not be the best fit for another.
-2-1-1-1.jpg?upscale=true&width=700&upscale=true&name=DMJPS-CPAs%20and%20Advisors-RGB(300%20dpi)-2-1-1-1.jpg)
.png?upscale=true&width=520&upscale=true&name=caren%20of%20YETPL%20Cover%20Pages%20(1).png)
.png?upscale=true&width=176&upscale=true&name=Calendar%20icon%20(3).png)
.png?upscale=true&width=196&upscale=true&name=career%20icon%20(2).png)
