Westfield, MA

Accounting Firm Westfield, MA 01085

Certified Public Accountants near Westfield, MA 01085

MBK is much more than your typical CPA firm. In addition to providing the traditional accounting, auditing, taxation and financial planning services, MBK also offers a proactive business strategy for organizations throughout the Westfield, MA area. This comprehensive approach has helped MBK become a leading CPA firm in the region, and it is why so many businesses trust MBK with their accounting needs. Whether you are looking for help with your personal finances or need assistance with your business taxes, MBK is here to help. With decades of experience serving the Westfield community, you can be confident that MBK has the knowledge and expertise to help you reach your financial goals. Contact MBK today to learn more about how we can help you reach your full potential.

Are you located near Westfield, MA and have a question? We’re here to help.
Send us a message and we’ll be in touch.

Westfield, MA

Contact Meyers Brothers Kalicka, P.C.

Call us at (413) 536-8510

Westfield, MA CPA Services

As a leading provider of accounting and financial services near Westfield, MA, we take pride in helping our clients achieve their financial goals. Our team of experts offer a full range of services, including accounting, auditing, taxation and more. We are committed to providing the highest level of service and support to our clients, and we work hard to ensure that they have the information and resources they need to make informed decisions about their finances. Whether you are looking for help with tax preparation or need assistance with estate planning, we are here to help. Learn more about our full range of services:

Neighborhoods in Westfield, MA

Meyers Brothers Kalicka provides tax planning serves throughout Westfield, MA including:

Springfield Hill, Hampton Ponds, Little River, Bush Hill, Wyben, Mundale, E Mountain Rd/ North Rd, Westfield State University, Lawrence Holcomb Park, W. Silver St/Pleasant St., City Center

Latest Industry Insights for Westfield, MA

BOI Injunction Lifted

By Katrina Arona • February 19, 2025

The Corporate Transparency Act (CTA) which took effect on January 1, 2024 required "reporting companies" in the United States to disclose information about their beneficial owners to the Treasury Department's Financial Crimes Enforcement Network (FinCEN). In May 2024, a lawsuit was filed claiming that Congress exceeded its authority under the Constitution in passing the CTA. Background: December 3, 2024 in the Texas Top Cop Shop, Inc., et al. v. Merrick Garland, Attorney General of the United States, et al., Judge Amos Mazzant of the United States District Court (Eastern District of Texas/Sherman Division) issued a preliminary nationwide injunction barring the enforcement of the Corporate Transparency Act (CTA). December 23, 2024 the Nationwide Injunction is lifted and filing deadlines are reinstated. Financial Crimes Enforcement Network of the U.S. Department of Treasury (FinCEN) may again enforce the CTA. FinCEN has not extended any filing deadlines. Therefore, all reporting companies should file immediately any beneficial ownership information reports (BOIRs) that were already due, and reporting companies formed prior to 2024 should file their BOIRs by January 13, 2025 (extended from January 1, 2025). December 27, 2024 the federal appeals court on Thursday reinstated a nationwide injuction halting enforcement of beneficial ownership information (BOI) reporting requirements, reversing an order the same court issued earlier this week. FinCEN issued an updated alert on its BOI information page , saying that companies can voluntarily submit BOI reports. February 7, 2025 FinCEN will consider changes to the BOI reporting requirements if a court grants the government's request for a stay of a nationwide injunction in a Texas case, according to a motion filed Wednesday, February 5th. If the stay is granted, FinCEN will extend BOI filing deadlines for 30 days, the government said in its filing in Samantha Smith and Robert Means v. U.S. Department of the Treasury, No. 6:24-CV-336 (E.D. Texas 1/7/25). BOI reporting is currently voluntary, pending further legal developments. Businesses and stakeholders should stay alert for additional updates as the situation evolves. Current Status: February 18, 2025 A federal court lifted the last remaining nationwide injunction stopping BOI reporting requirements. FinCEN which enforces BOI requirements under the CTA said it would extend filing deadline for initial, updated, and/or corrected BOI reports to March 21. However, reporting companies that were previously given a deadline later than March 21 may file their initial BOI report by that later deadline. Resources for consideration: March 21 BOI reporting deadline set; further delay possible BOI Injunction Lifted FinCEN BOI Center

BOI Reporting Update

By Katrina Arona • February 12, 2025

February 7, 2025 FinCEN will consider changes to the BOI reporting requirements if a court grants the government's request for a stay of a nationwide injunction in a Texas case, according to a motion filed Wednesday, February 5th. If the stay is granted, FinCEN will extend BOI filing deadlines for 30 days, the government said in its filing in Samantha Smith and Robert Means v. U.S. Department of the Treasury, No. 6:24-CV-336 (E.D. Texas 1/7/25). BOI reporting is currently voluntary, pending further legal developments. Businesses and stakeholders should stay alert for additional updates as the situation evolves