JTC CPAs

07/22/2026

Mergers and Acquisitions

Several regulatory compliance factors need attention when buying, selling, or merging businesses. Trying to be compliant with all of these areas can cause a lot of stress and be time-consuming as a business owner.

Environmental regulations should also be considered, including due diligence to identify potential environmental liabilities.

Whether you’re buying, selling, or merging, JTC CPAs provide the insights and support needed to secure favorable terms and a successful transaction.

https://www.jtccpas.com/services/acquisitions-and-mergers/

Grow your business with JTC CPA's expert mergers and acquisitions consulting. Get a quote today to ensure smooth transactions.

07/21/2026

U.S. Coin Redesigns for the 250th Anniversary

The Mint, alongside the American Numismatic Association (ANA), has launched the campaign to encourage Americans to look for the new designs in their daily change. While you have to buy the new pennies directly from the government, the rest of the 2026 circulation coins are headed straight to your wallet.

07/20/2026

Financial Projections and Accurate Forecasting

Budgeting and forecasting give you a clear picture of your business’s financial future. With these tools, you can set realistic goals and stay on track.

Budgeting helps you manage daily expenses, while forecasting shows you what to expect down the road. Together, they make it easier to plan for growth, avoid surprises, and keep your business moving in the right direction.

Craft robust tax plans to steer through uncertainties, ensuring lasting success and stability.

https://www.jtccpas.com/services/forecasting-and-budgeting/

Explore the benefits of financial forecasting for small businesses. Learn how JTC CPA can help with expense management. Get a quote today!

07/17/2026

Resolution and Advocacy

Out tax resolution advocates can assist with various issues, including IRS audits, tax liens, wage garnishments, unfiled tax returns, and negotiating settlements. They tailor strategies to address specific challenges businesses may face in relation to their taxes.

We’ll guide you through each step, so you never feel lost or unsure. You can count on us to give you the support you need to make the best choice.

https://www.jtccpas.com/services/tax-resolution/

Professional IRS tax resolution from JTC CPAs. We resolve tax debts, back taxes, audits, and penalties for individuals and businesses. Free consultation.

07/16/2026

IRS updates FAQs about bank info request "CP53E" letters due to confusion

This letter asks taxpayers to provide bank information to the IRS in order to receive their refund, since the IRS is switching from paper check to electronic refunds for everyone and some taxpayers do not have direct deposit bank information on file with the IRS. There has been considerable confusion surrounding this, since many taxpayers who are not due a cash refund received these letters in error, causing widespread suspicion that the letter is a scam.

The IRS has clarified that CP53E letters are legitimate correspondence and that the QR codes included in the notices are intended to take taxpayers directly to the official IRS online account services, not a third party website.

The updated guidance also walks taxpayers through how to confirm a notice's authenticity by logging directly into the IRS.gov website. This is safer than using embedded links or even scanning the QR code on the letter. The tax agency reiterates that taxpayers will never be asked to provide sensitive information through QR codes or unsolicited text links.

Taxpayers who believe they received a notice in error can cross-check their refund status directly using IRS tools before taking action. Keep in mind that every taxpayer's situation is different, so if you need professional advice on how to respond to a CP53E letter please consult your tax professional, JTC CPAs.

07/15/2026

Tax Planning for Your Business Needs

At JTC CPAs, we provide comprehensive tax planning services that align with your business goals, ensuring you make the most of available credits and deductions.

Our proactive approach helps you stay ahead of regulatory changes and identify opportunities for growth while keeping your tax obligations in check.

https://www.jtccpas.com/services/tax-planning/

Proactive tax planning from JTC CPAs reduces your tax burden year-round. Personalized strategies to maximize savings and improve financial efficiency. Free consultation.

07/14/2026

Extension Deadlines

Your legal/tax structure determines what return you file, when it’s due, and what supporting documents you must provide (K-1s, payroll forms, shareholder basis schedules, and more). If you’re unsure how your business is taxed, confirm it before you build a deadline calendar.

Partnership / multi-member LLC - Form 1065 + K-1s - September 15, 2026
S Corporation - Form 1120-S + K-1s - September 15, 2026
C Corporation - Form 1120 - October 15, 2026 (typical)
Single-member LLC / Sole prop - Schedule C (with Form 1040) - October 15, 2026 (return filed later; taxes generally still due by April deadline)

If your partnership or S corporation return is late, your owners may receive K-1s late—making their personal returns late or amended. For many small and mid-sized businesses, “business tax prep” is really “owner tax prep” too, and timing matters.

07/13/2026

Three Boise-area patterns worth planning for:

1) Hiring and payroll scale fast: Once you add employees, payroll filings, benefit reporting, and reconciliation become a monthly discipline—not a year-end task.

2) Multi-state sales and remote work: If you sell outside Idaho or employ people who work across state lines, you may trigger additional withholding or registration requirements.

3) Exit or acquisition conversations start earlier than expected: If you’re considering a sale, partner buyout, or merger, tax prep shifts from “compliance” to “positioning.” Clean financials and documented add-backs can change how buyers view profitability.

If you’re based in Boise (or operate across Idaho) and want a smoother filing season, JTC CPAs can help you tighten bookkeeping, align payroll and reporting, and build a tax plan that matches how your business actually runs.

07/10/2026

Meridian, Idaho local angle: Why planning ahead matters in the Treasure Valley Market

The Treasure Valley business community is relationship-driven, and many sales involve a combination of local buyers, regional consolidators, and succession-minded teams. That often means:

Faster diligence expectations once a buyer is serious—your reporting needs to be “ready now,” not “ready eventually.”

More scrutiny on customer retention and owner transition plans—especially for service businesses where the owner’s name drives referrals.

Higher value placed on documented processes (pricing rules, scheduling, job costing, collections), because buyers want continuity.

For many Meridian owners, the most profitable exit work happens 12–36 months before a sale—when you still have time to improve margins, reduce concentration, and make the business less owner-dependent.

07/09/2026

A CPA’s step-by-step business exit checklist

Step 1: Lock down bookkeeping and month-end close
Step 2: Align financial statements with tax returns
Step 3: Prepare a defensible add-back schedule
Step 4: Strengthen forecasting and budgeting
Step 5: Audit your payroll and contractor compliance
Step 6: Model taxes early—before you sign a letter of intent
Step 7: Build a diligence-ready data room

Talk with JTC CPAs about your business exit plan.

If you’re considering a sale, internal succession, or an M&A opportunity, a proactive planning conversation can help you prioritize the financial steps that protect value and reduce tax friction—before negotiations begin.