The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. However, filing your Beneficial Ownership Information (BOI) report will help you avoid fines
Starting a new business can be an intimidating proposition. There are so many things on your list, from calculating startup costs to choosing the right business structure to setting attainable goals. It's no wonder that so many people psych themselves out of starting their own businesses! But it doesn't have to be that way. With a little bit of planning and some expert advice, you can overcome the fear of starting a new business in the Sunbury/Big Walnut area. Here are some tips to get you