2023 year end business client information
Another year winds down and another tax return needs to be filed. As always, we like to start with a few reminders of
concerning areas we have for business operations. Our primary concern is the new Corporate Transparency Act (CTA)
reporting requirement for 2024, for which we have attached an addendum at the end of this letter.
One area of increased tax exposure comes from an unexpected source: the internet. If you are selling goods or services out of
state over the internet, or if you have employees working out of state you may need to file sales tax and/or income tax returns
in those states.