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News
Thursday, December 12, 2024Petoskey, MI SBOs: The CTA, BOI and FinCEN Changed, So Now What?
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
Tuesday, December 03, 2024Charting Bold Strategies for Lasting Business Growth
Businesses thrive by evolving alongside shifting market demands, finding ways to stay agile while ensuring long-term viability. Progress hinges on the ability to respond to change with creativity and foresight, staying ahead of trends and challenges. Prioritizing clear communication and diverse input fosters collaboration that sparks new ideas and shared purpose. Strategic planning paired with adaptability keeps efforts aligned with overarching objectives, even in uncertain conditions. Consistent