Offset Losses to Reduce Taxable Income
Even the most successful businesses can face unprofitable years. Fortunately, the federal…
SIGN-UP
NEWSLETTER
Stay informed by subscribing to our monthly enewsletters. Make your selections below. Thank you.
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
CAREERS
Ready to take the next step in your accounting career?
We are always looking to add CPAs or CPAs-in-process interested in working with a growth-oriented firm. Learn more about the opportunities at SKP, our culture, and what it would be like to be a part of our team.
ALERT
Treasury Department Suspends BOI Reporting
The Treasury Department announced on March 2, 2025 that it will not impose any penalties or fines for failing to meet the current deadlines for Beneficial Ownership Information (BOI) reporting under the Corporate Transparency Act. Additionally, once upcoming rule changes take effect, U.S. citizens, domestic reporting companies, and their beneficial owners will also be exempt from penalties. Treasury plans to issue a proposed rule to limit the reporting requirements to foreign companies only. This decision aims to support American taxpayers and small businesses while ensuring the rule serves the public interest. We will provide updates as warranted.
WHAT YOU CAN EXPECT FROM US
Focused on your financial future
CPAs have long been considered by their clients as trusted advisors. This has never been truer than in current times.
Between the pandemic, inflation, supply chain issues, and labor shortages, running a business these past few years has been extremely challenging. Yet, small- and medium-sized business owners are determined and optimistic about the future.
In fact, research tells us the majority of small business owners in the US believe that the worst is behind them and see opportunities for growth. They are focusing on marketing and promotion, investing in technology, and increasing the number of employees.
For nearly 30 years, SKP Advisors has helped hundreds of small- and medium-sized businesses focus on their financial futures. From advising on managing cash flow to deciphering complicated tax laws to obtaining new capital to managing payroll costs, we will help you find ways to cut costs, maintain liquidity, and prioritize expenses to keep your business operational and positioned for growth.
SKP Advisors will also help with tax strategies, strategic planning, and many other services you can read about on our website.
You can expect us to be your trusted advisor, receiving our focused attention and proactive services. We look forward to the opportunity to serve you.
Thank you, Rich Pavano
