Beneficial Ownership Information (BOI) reporting has been blocked by Federal District Court. This preliminary injunction blocks enforcement of the Corporate Transparency Act (CTA) and its associated regulations. It’s important for business owners to understand that this ruling provides only temporary relief and potential future compliance regulations should...
Read MoreAt Johnson, Mackowiak & Associates, LLP, we know that our success as an accounting firm depends on maintaining an excellent team. That’s why we offer challenging opportunities, competitive compensation and a flexible and comfortable work environment where you’ll feel like part of the family. JMA is currently hiring full- and part-time CPAs, accountants and tax...
Read MoreDid you know you can create a free account, called my Social Security with the Social Security Administration (SSA). This account allows you to easily access many of the SSA’s services online, anywhere and from any device. Through your my Social Security account you can apply for retirement, disability, and Medicare benefits, check the status of an application or...
Read MoreThe IRS has updated the Uniform Lifetime Table for the first time since 2002. This lowers the amount / size of the Required Minimum Distribution (RMD) thereby allowing you to keep more of your assets in your tax–deferred account. The smaller RMD will also lessen your tax liability. Should you have any questions, please contact our office! Fredonia 716.672.4770...
Read MoreJohnson, Mackowiak & Associates, LLP (JMA) Partners Dave Mackowiak, Denise Veloski, and Linda J Harris have announced that Julie L. Jagoda-Booth, CPA has joined the JMA firm as partner. At JMA, Jagoda-Booth will focus primarily on non-profit accounting and auditing, individual, small business and estate taxes, and consulting. Jagoda-Booth is also a QuickBooks®...
Read MoreThe IRS is behind on the processing of returns, here’s why. Click here to read the article by Ruth Singleton published June 27, 2022, Issuing Her Midyear Report, Taxpayer Advocate Says Backlog ‘Is Still Crushing the IRS’.
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