Denise G. Key, CPA

12/30/2025

The postmark date is changing. Effective December 24, 2025, the United States Postal Service (USPS) will implement new rules clarifying that a postmark indicates the date of the first automated processing operation at a processing facility, which may be later than the date the mail was dropped off. This change means that the date displayed on a postmark does not necessarily align with the date the USPS first accepted possession of the item, which could affect the timing of mail deliveries and deadlines for important documents like tax returns.

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10/14/2025

Help support the CCC!

October 14th 4:00-700
St. Andrews Methodist Church

11/15/2024

Corporate Transparency Act – Beneficial Ownership Information Reporting Requirement

You may or may not be aware that as of January 1, 2024, many businesses are required to comply with the Corporate Transparency Act (CTA). CTA requires the disclosure of the beneficial ownership information of certain entities from people who own or control a company. Penalties for willfully not complying with the BOI reporting requirement can result in criminal and civil penalties of $500 per day and up to $10,000 with up to two years of jail time.

What entities are required to comply with the CTA’s BOI reporting requirements?

Entities organized both in the U.S. and outside the U.S. may be subject to the CTA’s reporting requirements. Domestic companies required to report include corporations, limited liability companies or any similar entity created by the filing of a document with the secretary of state or any similar office under the law of a state or Indian tribe.

When must companies file?

Under the current law, in general, BOI reporting is only required once unless there are changes to previously reported information. There are different filing time frames depending on when an entity is registered/formed or if there is a change to the beneficial owner’s information.

Existing entities created/registered before January 1, 2024, must file by January 1, 2025.

New entities created/registered in 2024 must file within 90 days.

Reporting companies that have changes to previously reported information or discover inaccuracies in previously filed reports must file within 30 days.

New entities created/registered on or after January 1, 2025, must file within 30 days.

The above information is meant to be general information only. There are many considerations that must be made to determine an entity’s filing requirements and the information that must be disclosed.

As this is currently a service which falls outside the scope of tax compliance and other permissible services that accounting firms can provide, we encourage you to please consult with your legal counsel as soon as possible to discuss your company’s specific requirements.

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07/13/2024

Thank you for the nominations for Best of the Best!

06/07/2024

June 11th
St. Andrew's Global Methodist Church Cullman Al
615 Main Ave SW, Cullman, AL 35055
4:30 - 7:00
$15 per plate

04/26/2024

https://cullmanproperty.countygovservices.com/Property/PropertyNotification

Use the above link to make sure you are notified if someone makes changes to your property.

01/17/2024

We will not be opening today due to road conditions. Stay safe everyone!

01/15/2024

Closing at 3 pm today & opening 2 hours late tomorrow!

01/05/2024

We are now in the 2023 tax season. The IRS has not yet given a start date for electronic filing of returns. Our deadlines are as follows:

February 15th - Corporate/Partnership returns
March 30th - Individual returns

If we receive your information after these dates, we will apply for an extension.

Thank you and let the season begin!!!

08/11/2023

Thank you everyone!

TOP RECOGNITION

03/19/2023

Did you know you can give 100% of your state tax liability for kids scholarships?

Scholarships for Kids uses a portion of your tax liability to provide tuition assistance to students who demonstrate a financial need. You’re not just giving a scholarship, you're getting a tax credit. By redirecting a portion of your tax liability to Scholarships for Kids, you reduce the total amount of your tax bill by 100%.You have an opportunity to give a child access to an education they could not otherwise receive at no cost to you. So the question isn’t “why,” but rather,

How It Works Share Scholarships for Kids uses a portion of your tax liability to provide tuition assistance to students who demonstrate a financial need. You’re not just giving a scholarship, you're getting a tax credit. By redirecting a portion of your tax liability to Scholarships for Kids, y...