Teaming with You to Save You Money

Personal & Small Business Tax Accounting Service​


News and Events


NEW!! Beneficial Ownership Information reporting requirements

The US Government has created a new reporting requirement of Beneficial Ownership Information (BOI) within the Financial Crimes Enforcement Network (FinCen).  Many companies are required to report information to FinCEN about the individuals who ultimately own or control them. FinCEN began accepting reports on January 1, 2024.  Per AICPA and WICPA counsel, Breunig CPA, LLC cannot offer any advice, nor will we be able to assist in compliance with these new requirements.  Our only purpose is to make you aware of these new requirements.  Please see the attached brochure and use the website link below to access the brochure and additional information.  If you have further questions, we advise you to research it or consult with an attorney. FinCEN Beneficial Ownership Brochure Frequently Asked Questions (FinCEN Website) ​

IRS Letter 6419

In January 2022, the IRS will send you Letter 6419 to provide the total amount of advance Child Tax Credit payments that were disbursed to you during 2021. Please keep this letter regarding your advance Child Tax Credit payments with your tax records. You may need to refer to this letter when you file your 2021 tax return during the 2022 tax filing season.​ For more information go to this link: IRS ACTC

Up to $600 charitable deduction available to all for 2021

​Previously, charitable contributions could only be deducted if taxpayers itemized their deductions.However, taxpayers who don't itemize deductions may take a charitable deduction of up to $600 (Married filing Jointly) for cash contributions made in 2021 to qualifying organizations. For the purposes of this deduction, qualifying organizations are those that are religious, charitable, educational, scientific or literary in purpose. The law changed in this area due to the Coronavirus Aid, Relief, and Economic Security Act.The CARES Act also temporarily suspends limits on charitable contributions and temporarily increases limits on contributions of food inventory. More information about these changes is available on


Breunig CPA, LLC