Category: Insights

With an increased focus on sustainability and reducing greenhouse gas emissions, New York City officials introduced legislation to reduce carbon emissions from large buildings. Part of the Climate Mobilization Act, Local Law 97, will go into effect in 2024, and includes limitations on carbon Read More

The IRS has issued new guidance providing transitional relief related to recent legislative changes to required minimum distributions (RMDs). In IRS Notice 2023-54, the IRS extended the deadline to September 30, 2023, for rollovers of distributions that were mischaracterized as RMDs due to th Read More

Whether you’re diversifying income streams or pursuing your passion, launching a new business or expanding a side hustle can be an exciting and rewarding endeavor. By carefully planning and properly setting up your business from the beginning stages, you can maximize tax benefits, ensur Read More

Janover leverages technology to drive greater efficiency across our firm by streamlining and automating processes. Identifying and creating better ways for our clients to collaborate with the Janover team is a key focus for us. With SurePrep solutions, we have been able to establish standardi Read More

The IRS is warning taxpayers about a new mailing scam that attempts to mislead people into believing they are owed a refund. Individuals are receiving a letter that claims to be “in relation to your unclaimed refund.” It includes the IRS masthead and is delivered in a cardboard envelope Read More

Do you buy, sell or engage in transactions involving virtual currency? If you do business with virtual currency, it’s important to stay up to date with the latest tax developments. The strategic operating plan for 2023 through 2031 released by the IRS earlier this year, indicated the agency Read More

President Biden has signed the Fiscal Responsibility Act into law, which suspends, as opposed to raises, the debt ceiling until 2025. The Congressional Budget Office (CBO) projects the law will reduce the federal deficit by about $1.5 trillion over 10 years.  The Main Provisions  The new Read More

Like most businesses, Janover is always looking for ways to drive greater efficiency and establish more effective processes. Adopting powerful technology enables us to work towards that goal while shifting time spent on manual processes to better servicing our clients and their evolving needs Read More

Do you have internal accounting controls in place for your business? Finding extra budget and staff is a common challenge among small business owners who often lack the resources to put a robust accounting and finance department in place. For some businesses, one person is responsible for the Read More

New York State lawmakers came to an agreement about this fiscal year’s budget, allowing Gov. Kathy Hochul to finalize and sign it into law. With the $229 billion budget, legislators plan to address mental health care, crime and gun violence, invest in education, public transit and clean en Read More