Uncategorized Archives - Lincoln Tax Professionals

Businesses and LLCs – Your CTA Time Is Running Out!

Ryan Jenkins — Mon, 25 Nov 2024 21:31:13 +0000

In January of this year we sent an email to all of our clients about the new reporting requirement created by the Corporate Transparency Act (CTA). Well, the rubber has hit the road. If you or a loved one owns a business or is a member of an LLC, the time is now to make

The post Businesses and LLCs – Your CTA Time Is Running Out! appeared first on Lincoln Tax Professionals.

Important Information For Business Owners On The Corporate Transparency Act

Ryan Jenkins — Thu, 04 Jan 2024 21:11:50 +0000

The Corporate Transparency Act (CTA) took effect on January 1, 2024, and imposes a new federal filing requirement for most corporations, limited liability companies (LLCs), and other business entities. Government law enforcement and security agencies will use this data to help combat money laundering, tax evasion, terrorism, and other crimes. This information will not be available

The post Important Information For Business Owners On The Corporate Transparency Act appeared first on Lincoln Tax Professionals.

Maryland Saves! And So Should You!

Ryan Jenkins — Thu, 28 Sep 2023 20:03:36 +0000

In September of 2022, Maryland passed a new law aimed at helping its employees better save for retirement. It’s called the Maryland Saves program and for many employees it might be the first time they’ve had the chance to contribute to a retirement plan through work. For Employees To be eligible for the retirement plan

The post Maryland Saves! And So Should You! appeared first on Lincoln Tax Professionals.

Does My Dependent Need To File?

Ryan Jenkins — Tue, 17 Jan 2023 20:56:19 +0000

One of the most frequent questions we get every year is, “Is my dependent required to file a tax return?” It’s always a complicated response because it requires us to ask more questions to find out the truth. In an effort to help our clients with dependents navigate this easier, these are the filing requirements:

The post Does My Dependent Need To File? appeared first on Lincoln Tax Professionals.

Get an IP PIN!

Ryan Jenkins — Thu, 11 Aug 2022 19:38:23 +0000

For the last seven years or so, if you were a victim of identity theft, meaning some fraudster used yours, or one of your dependent’s, Social Security number to file a false tax return, the IRS would issue you a six digit Identity Protection Personal Identification Number (IP PIN). You would need this number entered

The post Get an IP PIN! appeared first on Lincoln Tax Professionals.

Matthew Lincoln – Certified Financial Planner™

Ryan Jenkins — Wed, 26 Jan 2022 16:27:00 +0000

All of us here at Lincoln Tax Professionals want to congratulate Matt for completing and receiving his Certified Financial Planner™ designation at the end of 2021. It was a long, arduous journey for him and we’re very proud of him for completing it. So the next time you see his name with a CFP® at

The post Matthew Lincoln – Certified Financial Planner™ appeared first on Lincoln Tax Professionals.