What Business Owners Need to Know: A recent federal court order has temporarily suspended the requirement for reporting companies to file Beneficial Ownership Information (BOI) with the Financial Crimes Enforcement Network (FinCEN). While this order remains in effect, companies are not subject to liability for failing to file these reports. However, businesses may still choose...Continue Reading
What you need to know: A Court of Appeals ruling on December 23, 2024, has reinstated the requirement for most reporting companies to file their BOI reports with FinCEN. The Department of the Treasury has extended certain deadlines to assist reporting companies in meeting these requirements. Below are the revised filing deadlines: For entities created...Continue Reading
The Internal Revenue Service (IRS) has announced an adjustment to the optional standard mileage rates for 2025. Effective January 1, 2025, the rates for using a car, van, pickup, or panel truck are as follows: Business Use: 70 cents per mile (an increase of 3 cents from 2024) Medical Purposes: 21 cents per mile (unchanged from 2024)...Continue Reading
Who would think that a bunch of Huntsville accountants eat hundreds of scoops of ice cream a year and take each other down in 90’s trivia? Enter in Anglin Reichmann Armstrong, a local accounting firm that’s everything but boring. Read on to learn about how much fun they have, meet their new leader and see how...Continue Reading
It’s the most wonderful time of the year…for tax planning. To make your life simpler, we have attached two tax planning letters. One summarizes 2024 tax issues for individuals and the other shares 2024 tax issues for small business owners. When you open and scan these letters (it’s ok, we all do it!), please pay...Continue Reading
Winter Haven, FL – November 1, 2024 – Anglin Reichmann Armstrong is excited to announce the addition of Wade Owen, CPA, as Manager in our Winter Haven, Florida office. With nearly 30 years of experience in the public accounting industry and over a decade of leadership and management expertise, Wade brings a wealth of knowledge...Continue Reading
Evolve 2024 Construction Summit Overview The Evolve 2024 Construction Summit by Anglin Reichmann Armstrong had a strong showing of attendees in Huntsville, September 12, 2024. Approximately 70 construction leaders and professionals joined the Anglin team and our event sponsors for a full day of education and networking. We convened at the Huntsville Space & Rocket...Continue Reading
HUNTSVILLE, ALA., August 30, 2024 — Anglin Reichmann Armstrong is pleased to announce that Martina Langford has been promoted to Director of Workflow, effective August 1, 2024. Martina joined the firm in 2019 and has worked in public accounting since 2016. Her background includes serving as an Accounting Production Scheduling Manager at another accounting firm....Continue Reading
