Polaris Tax & Accounting Blogs & Articles

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A recent ruling by the U.S. District Court for the Eastern District of Texas has resulted in a temporary halt on the enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) reporting requirements by FinCEN. This decision means businesses are currently not obligated to submit BOI reports and will not face

In the ever-evolving business landscape, South Florida companies are embracing innovative solutions to stay competitive. Among these, virtual accounting firms are becoming a game-changer, offering unparalleled efficiency, flexibility, and cost savings. If you’re a South Florida business owner, here’s why partnering with a virtual accounting firm can transform how you manage your finances. 1. Accessibility

Managing your taxes and accounting should be about more than compliance—it should be about strategy, foresight, and maximizing opportunities. At Polaris Tax & Accounting, we’re redefining what it means to deliver exceptional Accounting and Tax services in Plantation, FL. With innovative offerings like IRS Monitoring, real-time tax planning, and streamlined payroll and accounting solutions, we

Finding the right tax and accounting partner can be challenging, especially when you want to ensure your financial goals are met with precision and care. At Polaris Tax & Accounting, we’re proud to serve Plantation, FL, with expert solutions tailored to individuals, small businesses, and family-owned enterprises. Our client-first approach, combined with innovative tools and

Asheville is a popular destination for retirees, offering a blend of natural beauty, cultural attractions, and a high quality of life. Beyond the lifestyle perks, North Carolina’s tax policies make Asheville an attractive place to retire. This guide explores the tax benefits of retiring in Asheville, helping retirees maximize savings while enjoying their golden years.

Asheville is widely known as “Beer City, USA,” with its booming craft brewery scene attracting tourists and locals alike. Running a craft brewery is both rewarding and complex, especially when it comes to taxes. From ingredient costs to equipment depreciation, brewery owners have unique tax opportunities and challenges. This guide explores essential tax strategies to

Asheville is a hub for sustainability, with many businesses adopting eco-friendly practices to reduce their environmental footprint. Beyond the ethical and environmental benefits, green initiatives can lead to significant tax savings. This guide explores federal, state, and local tax incentives available to Asheville businesses that embrace sustainability, helping you cut costs while contributing to a

Asheville’s booming tourism industry makes it an ideal location for short-term rental properties. Platforms like Airbnb and VRBO have given property owners the opportunity to generate significant income, but they also come with unique tax responsibilities. From occupancy taxes to deductible expenses, this guide explains everything Asheville property owners need to know to stay compliant

Asheville’s arts scene is thriving, with painters, sculptors, musicians, and other creatives contributing to the city’s vibrant culture. While pursuing your craft is rewarding, navigating taxes as an artist can be overwhelming. The good news? There are plenty of opportunities to save money and maximize your deductions. This guide will walk Asheville artists through key

Asheville’s vibrant small business community is thriving, but managing taxes effectively is a common challenge for local entrepreneurs. Whether you run a boutique, brewery, or art gallery, this guide offers essential tax planning tips to help Asheville small businesses reduce liabilities and stay compliant. 1. Leverage North Carolina’s Flat Income Tax Rate North Carolina has