NLATI Blog

How and When to Submit Your Tax Documents: A Simple Guide to Stay on Track

Tax season can feel overwhelming, but staying organized and knowing when to submit your documents can make the entire process smoother and less stressful. Whether you're working with a tax professional or filing on your own, understanding what’s needed—and when—is the...

A Visit From St. Nickolas

by Allyson Huggett

Happy Holidays everyone! I found this posting and would love to give credit to the author but I don't know whom to give it to. I thought it was amusing and it fit the season. A Visit from St. Nickolas 'Twas the Night Before Christmas, and all through the house, not a...

7 Year-End Tax Questions Every Business Should Consider

by Keith Huggett

As the calendar edges toward December 31, it is an ideal moment to take a thoughtful look at your business’s tax situation. A bit of strategic planning now can reduce your tax burden, strengthen cash flow, and prepare your company for a confident start to the coming...

Maximize Your Deductions: 5 Deductions You May Not Know About For Your Small Business

by Keith Huggett

Small business owners are always on the lookout for ways to best manage their finances. Most business owners know about the most common business tax deductions, like rent, office supplies, or internet service, but there may be a few that might...

FinCEN Reporting: What You Need to Know

by Keith Huggett

If you own a business, you may have received emails about new requirements for reporting to the Financial Crimes Enforcement Network (FinCEN). Congress passed the Corporate Transparency Act (CTA) in 2021 as part of the National Defense Authorization Act. The law aims...

Recordkeeping for Tax Purposes

by Keith Huggett

Which records should you keep? You should keep information that you and the IRS need to determine your correct tax. Everyone should keep the following records. Copies of your tax returns. Keep copies of your tax returns as part of your tax records. Your tax returns...