Saturday March 15, 2025 is the Partnerships and S-Corporations filing deadline, so please contact us regarding your business tax return.
If you need a six-month extension of time to file, you must give us permission to file the extension for your business.
Filing deadline with extension: September 15, 2025.
Our team is here for all your tax needs! To schedule an appointment, please call 239-598-9901 or email us at office@taxpg.com
Annual Reports are required to be filed with the Florida Department of State. You should have received an email from the State of Florida with the details.
We would be happy to assist you with the filing process, but you must contact us to request our service and to make arrangements.
Please contact the office at 239-598-9901
Every business must file annual reports to avoid penalty fees and potential business dissolution. This guide will help both new and established businesses navigate the filing process correctly and maintain compliance with tax laws.
Step One: Review State Filing Requirements
Filing requirements vary by state and business structure. Before beginning, determine:
Step Two: Prepare Required Documents
A complete annual report typically includes:
Ensure all information is accurate and complete to avoid delays or complications with state authorities.
Step Three: Submit on Time
Filing deadlines vary by state. Check your state’s specific requirements and mark your calendar accordingly. Timely submission is essential for maintaining your business’s good standing.
Need Help?
Our experienced tax professionals can guide you through the annual report filing process. Contact our team today to ensure your business remains compliant with state requirements.
2025 Tax Updates
As of December 6, 2024, several tax law updates are slated to impact U.S. taxpayers in 2025:
IRS Inflation Adjustments for Tax Year 2025
The Internal Revenue Service (IRS) has announced annual inflation adjustments affecting over 60 tax provisions for the 2025 tax year. Key changes include:
Expiration of Tax Cuts and Jobs Act (TCJA) Provisions
Many individual tax provisions from the 2017 TCJA are set to expire at the end of 2025, potentially leading to significant changes in 2026:
Potential Legislative Changes
The current administration and Congress are considering tax reforms that could affect future tax years:
Need help planning for these updates? Our team is here to help! Contact us today and start taking control of your tax planning!
As the year concludes, it’s essential to address a critical compliance requirement for your S-Corporation: establishing and processing officer payroll by December 31, 2024. This step is vital to adhere to IRS regulations and mitigate potential risks.
Why Officer Payroll is Necessary
The IRS requires that S-Corporation officers who perform substantial services receive reasonable compensation through payroll, subject to payroll taxes such as Social Security and Medicare.
Risks of Non-Compliance
Neglecting to process officer payroll can lead to:
Recommended Solution: Paychex Payroll Services
To ensure compliance and streamline payroll processing, we recommend partnering with Paychex, a reputable provider specializing in S-Corporation payroll services. Paychex offers:
Next Steps
Our team is here to support you in meeting these requirements and safeguarding your S-Corporation from potential risks. Contact us or schedule a meeting at your earliest convenience.
Let’s ensure compliance and position your business for success in the coming year!
To Our Clients,
As part of the ongoing compliance requirements, we want to remind you about the Beneficial Ownership Information (BOI) filing deadlines and provide guidance on the necessary information to ensure your filings are accurate and timely.
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury, has introduced significant reporting requirements for business entities, such limited liability companies, and limited partnerships, most corporations and on certain other business entities.
The BOI reports must disclose the identities and provide contact information for all of the entity’s “beneficial owners”, controlling 25 percent or more of the ownership interests in the entity or exercise substantial control over the entity.
1. Required Information for BOI Filings:
To meet BOI filing requirements, please prepare the following details:
● Basic Entity Information:
○ Full legal name
○ Trade names or DBAs (Doing Business As)
○ Complete address of the principal place of business
○ Jurisdiction of formation and registration number
● Beneficial Owners’ Information:
For each individual who directly or indirectly owns or controls at least 25% of the company, please provide:
○ Full legal name
○ Date of birth
○ Residential or business address
○ Nationality and country of residence
○ Identification number (passport, driver’s license, or another government-issued ID)
● Control Information:
In addition to beneficial owners, you must report individuals with significant control over the entity, such as executive officers or those who have authority over major decisions.
2. Filing Deadlines:
● Initial BOI Filing: Must be submitted by 12/31/2024. if you plan to open a new company, the BOI report will need to be filed within 90 days of registering with the state.
● Amendments: If any changes occur throughout the year (such as new owners, changes in information, or changes in control), they must be reported within 30 days of the change.
3. Penalties for Non-Compliance:
Failure to file accurate and timely BOI information can result in significant penalties. The government may impose fines or other consequences, so timely and complete filings are essential.
4. How We Can Help:
Our team is available to assist in gathering and reviewing your BOI information, ensuring all details are complete and correct. We can also handle submission on your behalf if needed, but you must contact us to request our service and to make arrangements. We will ask that all Beneficial Owners and those with significant control obtain a FINCEN ID https://fincenid.fincen.gov/landing
Please let us know if you have any questions or need further clarification on the filing requirements. We’re here to support you and make this process as seamless as possible.
Best regards,
Early Tax Preparation
As the year draws to a close, tax season is just around the corner. While most tax preparation happens in the new year, starting early can make the entire process smoother and less stressful. To help you kickstart your planning, we’ve compiled a few key questions to consider as you prepare for tax season!
For Individuals:
The Tax Professional Group simplifies tax season for individuals and families by providing expert guidance, maximizing refunds, and ensuring accurate, stress-free filing.
For Business Owners/Employers:
The Tax Professional Group helps business owners streamline tax season by preparing and simplifying the filing process.
For more information about the latest reporting requirements and helpful tax resources, visit https://cukierski.cpa/blogs/new-fincen-reporting-requirements-understanding-the-upcoming-changes/
Dear Client,
We hope this letter finds you well. We are excited to share some important news regarding the ownership and expanded services of The Tax Professional Group.
As you may know, TAXPG, LLC acquired The Tax Professional Group, Inc. earlier this year. As part of the acquisition, TAXPG, LLC will now be leading the forefront of the business’ daily operations and management. This means that the prior owners, Karla St. John, along with John Bolan, will now be serving a limited supporting role in assisting TAXPG, LLC to provide you with the best services possible. Although Karla and John may offer their expertise in an advisory capacity on occasion to the firm, all client work and communications will now be facilitated by TAXPG, LLC’s dedicated team at the Naples, Florida office.
Accordingly, please direct all future correspondence, inquiries, and service requests to our Naples office listed below so that ensure your matters are handled in a timely fashion.
The Tax Professional Group
875 94th Avenue N. Suite 4
Naples, FL 34108
(239) 598-9901
office@taxpg.com
Christina Stein (christina@taxpg.com) and Edyta Grabowska (edyta@taxpg.com) are the points of contact regarding tax issues. Melissa Propatier (melissa@taxpg.com) is the point of contact regarding bookkeeping, financial statement, payroll, and sales tax issues. Other inquiries and issues can be directed to office@taxpg.com.
Furthermore, by partnering with our trusted associates at Cukierski & Associates, LLC (cukierski.cpa) and TAVAS,LLC (tavasllc.com), we will now be able to offer our clients a broader range of services. Rest assured this transition will not only ensure that we continue to provide you with the highest quality of service, but will also provide you with enhanced capabilities, services, and opportunities through our new affiliations.
By partnering with Cukierski & Associates, LLC, we will be able to offer comprehensive tax assistance and preparation services along with attest services, including audits, reviews, and compilations of financial statements. They also provide forensic examination services, community association attest and tax services, and non-profit organization audit services we believe will be valuable to all of our clients.
Additionally, TAVAS, LLC specializes in strategic services such as tax planning and implementation for closely held businesses, business valuations, business planning, succession planning, transition planning, and tax defense support.
We are confident that these incorporated additions will prove to be an asset to the business, you and the rest of our clients. These changes will enhance our ability to serve you more efficiently and effectively. Should you have any questions or need further information regarding this transition or the expanded services we now offer, please do not hesitate to contact us.
Thank you for your continued trust and loyalty as a Tax Professional Group client. We look forward to serving you under our new management and meeting all of your tax, bookkeeping, and accounting needs with our broadened resources.
Warm regards
The People Behind The Numbers
With the Tax Professional Group, we don’t just specialize in one aspect of taxes. Our team comes with a diverse set of skills and specializes in all areas of taxation to help you with any kind of task. With a team that can wear as many hats as us, there’s nothing we can’t achieve together! Take a look at a few roles that make our team members stand out.
Tax Accountants
Our tax accountants and income tax preparers know tax laws inside and out, making them invaluable resources for maximizing your returns, ensuring compliance, and providing expert guidance tailored to your unique financial situation. Our accountants quickly understand your goals, handle the numbers efficiently, and do it all with a friendly approach.
Bookkeepers
If you’re looking for extra help organizing your finances and keeping your goals on track, our bookkeepers are who to call! From organizing payroll to handling day-to-day functions, we have an acute attention to detail and check your documents thoroughly so everything is always accurate and on time.
Payroll Specialists
If you’re a business owner, then our payroll specialists are just the people you want managing your finances! These detail-oriented team members are always on top of deadlines so your employees are paid the right amount and on-time, making your payroll process a breeze.
Client Facilitators
These team members are the face of our company, managing all communications between our team and our clients. As your main point of contact, their job is to understand your needs and provide timely solutions so you have the best experience possible. Whatever questions or concerns you might have, our client facilitators can help!
Each member of our team is equipped to seamlessly handle a combination of these roles, ensuring that all of your tax needs are fully addressed with expertise and care. Get in touch with our awesome team today to kickstart your finances!
At the Tax Professional Group, we understand that your taxes can be complicated. That’s why we’re here to offer expert guidance and a range of services tailored to meet your unique needs. Whether you’re handling your tax return for the first time or looking to streamline your small business tax filings, our team is ready to simplify the process and help you keep more of what you earn. Let’s take a look at some of the services we can offer you!
Income Tax Preparation
Income tax preparation is our specialty! Whether you’re a small business or an individual, the Tax Professional Group can help you file your annual tax return so you can spend more time doing what you love. We have all the knowledge and experience you need so you can get your taxes done quickly and accurately!
International Taxation
Having trouble sorting through all the international tax laws? We can help navigate international tax planning to make sure you’re compliant with various tax laws while also optimizing your tax situation to save money.
Bookkeeping Preparation
Maintaining your financial data is crucial to making sound business decisions. From preparing financial statements to the day-to-day record keeping, our bookkeeping services help you stay organized and keep your business on the right track.
Payroll Reporting
Professional payroll reporting helps keep small businesses compliant, financially stable, and fosters strong connections with employees. We know how crucial it is to report accurately and on time, so you can rely on us to handle compliance while you focus on running your business and taking care of your team.
Sales Tax Reporting
Sales tax is a constant in business, and the last thing you want is to face legal issues due to inaccurate reporting. Our sales tax reporting service ensures you stay in good standing with tax agencies, manage your sales tax rates effectively, and remain compliant with local regulations. Let us handle the complexities of sales tax reporting so you can focus on running your business smoothly.
Advanced Tax Planning
Ready to take your taxes to the next level? The Tax Professional Group offers advanced strategies to elevate your tax planning, including strategic income management, tax deferrals, and tailored approaches to meet your long-term financial goals. Let us guide you towards achieving financial security and optimizing your tax efficiency
Not seeing a particular service you are looking for? Our partner organizations, Cukierski & Associates LLC and TAVAS, can help! Together, they provide additional services such as succession planning, transition planning, forensic examination services, non-profit organization audit services, and more!
Ready to simplify your taxes? Reach out now to schedule a consultation and take the first step toward effortless tax solutions and financial clarity. Let us handle the complexities so you can focus on what matters most to you!
Find pleasure and gratification in serving a wonderful well-established client base here in southwest Florida. A medium size public accounting firm seeks a special Income Tax Professional to enhance their dynamic client-oriented team. A qualified job candidate will have an intricate understanding of individual and entity tax law for practical application to competently and independently complete income tax returns on behalf of our group and our clients.
The Firm:
We are a cohesive group of Income Tax Professionals with decades of experience. Our professional specialty is income tax preparation. This is our passion. Additionally, we provide peripheral services as clients require; monthly accounting, payroll services, sales tax reporting, etc.
Though we are a very busy firm, we emphasize “quality of life” in our corporate culture so that we may better enjoy life outside our office. Therefore, unlimited time off without pay outside of tax filing season and extension deadlines is allowed with guaranteed position retention.
The Candidate:
The Compensation:
Excellent hourly wage (plus time and a half over 40 hours/week) based on experience, education and the ability to efficiently, effectively produce accurate tax returns. Competitive benefits round out the package.
Start Date: Position Available Immediately
Contact: office@taxpg.com
